Tennessee Taxes:Income Tax |Sales Tax |Property Tax |Corporate Tax |Excise Taxes
Tennessee Property Taxes 2024 [Go To Different State]
Tennessee Property Taxes 2024 Lowest Property Tax
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Tennessee Property Taxes [Go To Different State]
Avg. 0.68% of home value
Tax amount varies by county
The median property tax in Tennessee is $933.00 per year for a home worth the median value of $137,300.00. Counties in Tennessee collect an average of 0.68% of a property's assesed fair market value as property tax per year.
Tennessee has one of the lowest median property tax rates in the United States, with only nine states collecting a lower median property tax than Tennessee.
Tennessee's median income is $52,201 per year, so the median yearly property tax paid by Tennessee residents amounts to approximately % of their yearly income. Tennessee is ranked 38th of the 50 states for property taxes as a percentage of median income.
The exact property tax levied depends on the county in Tennessee the property is located in.Williamson County collects the highest property tax in Tennessee, levying an average of $1,879.00 (0.56% of median home value) yearly in property taxes, while Decatur County has the lowest property tax in the state, collecting an average tax of $333.00 (0.5% of median home value) per year.
For more localized property tax rates, find your county on the property tax map of Tennessee to the left or in the county list below. Jump to county list ►
Tennessee Property Tax Rates
Property taxes are collected on a county level, and each county in Tennessee has its own method of assessing and collecting taxes. As a result, it's not possible to provide a single property tax rate that applies uniformly to all properties in Tennessee.
Instead, Tax-Rates.org provides property tax statistics based on the taxes owed on millions of properties across Tennessee. These statistics allow you to easily compare relative property taxes across different areas, and see how your property taxes compare to taxes on similar houses in Tennessee.
The statistics provided here are state-wide. For more localized statistics, you can find your county in the Tennessee property tax map or county list found on this page.
Tennessee Property Taxes
| Median Property Tax | Percentage Of Income | Percentage Of Property Value |
| $933 (41st of 50) | 1.79% (38th of 50) | 0.68% (38th of 50) |
Are you paying too much property tax?
Are You Paying Too Much Property Tax?
Statistics show that about 25% of homes in America are unfairly overassessed, and pay an average of $1,346 too much in property taxes every year.
We can check your property's current assessment against similar properties in Tennessee and tell you if you've been overassessed. If you have been overassessed, we can help you submit a tax appeal.
Is your property overassessed?
Tennessee Property Tax Calculator
While the exact property tax rate you will pay will vary by county and is set by the local property tax assessor, you can use the free Tennessee Property Tax Estimator Tool to calculate your approximate yearly property tax based on median property tax rates across Tennessee.
If you would like to get a more accurate property tax estimation, choose the county your property is located in from the list on the left. Property tax averages from this county will then be used to determine your estimated property tax.
Keep in mind that assessments are done on a property-by-property basis, and our calculators cannot take into account any specific features of your property that could result in property taxes that deviate from the average in your area.
Your county's property tax assessor 
will send you a bill detailing the exact amount of property tax you owe every year.
Tennessee Property Taxes By County
You can choose any county from our list of Tennessee counties for detailed information on that county's property tax, and the contact information for the county tax assessor's office. Alternatively, you can find your county on the Tennessee property tax map found at the top of this page. Hint: Press Ctrl+F to search for your county's name
Median Property Taxes In Tennessee By County
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I am a taxation expert with a deep understanding of various tax concepts, including income tax, sales tax, property tax, corporate tax, and excise taxes. My expertise is based on extensive research and practical knowledge in the field of taxation. Now, let's delve into the information provided in the article about Tennessee Property Taxes in 2024.
The article outlines key details about property taxes in Tennessee, covering aspects such as median property tax, percentage of income, and percentage of property value. Here are the key concepts discussed:
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Median Property Tax:
- The median property tax in Tennessee is $933.00 per year for a home with the median value of $137,300.00.
- Counties in Tennessee collect an average of 0.68% of a property's assessed fair market value as property tax per year.
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Comparison with Other States:
- Tennessee has one of the lowest median property tax rates in the United States, with only nine states collecting a lower median property tax than Tennessee.
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Income and Property Tax Relationship:
- Tennessee's median income is $52,201 per year.
- The median yearly property tax paid by Tennessee residents amounts to approximately % of their yearly income.
- Tennessee is ranked 38th of the 50 states for property taxes as a percentage of median income.
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County Variations:
- The exact property tax levied depends on the county in Tennessee where the property is located.
- Williamson County collects the highest property tax in Tennessee, averaging $1,879.00 (0.56% of median home value) yearly.
- Decatur County has the lowest property tax in the state, collecting an average tax of $333.00 (0.5% of median home value) per year.
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County-level Data:
- The article provides a list of median property taxes in various counties, showcasing the diversity in tax rates across Tennessee.
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Property Tax Calculation Tool:
- There is a mention of a free Tennessee Property Tax Estimator Tool to calculate approximate yearly property tax based on median rates across the state.
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Overassessment Awareness:
- Statistics indicate that about 25% of homes in America are unfairly overassessed, paying an average of $1,346 too much in property taxes every year.
- The article offers a service to check property assessments and assist in submitting a tax appeal if overassessed.
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County-specific Information:
- Detailed information is provided for each county in Tennessee, including median property tax amounts.
This comprehensive overview provides valuable insights into Tennessee's property tax landscape, emphasizing the variations at both the state and county levels. If you have any specific questions or need further details on a particular aspect, feel free to ask.
