Tennessee Property Tax Calculator 2026
Calculate your Tennessee property taxes — effective rate 0.68%, average annual tax $1,590. Updated June 2026.
Tennessee Property Tax Overview
Tennessee has an effective property tax rate of 0.68%, making it below the national average among all 50 states. The average annual property tax in Tennessee is $1,590 on a median home value of $234,000.
- Effective tax rate: 0.68%
- Assessment ratio: 25%
- Median home value: $234,000
- Average annual tax: $1,590 ($132/month)
How Tennessee Property Tax Works
Tennessee properties are assessed at 25% of market value. The assessed value is then multiplied by the local millage rate to determine your annual tax bill.
Tennessee Property Tax = Assessed Value × Local Millage Rate
Local millage rates vary by county, city, school district, and special districts within Tennessee. Your total rate is the sum of all applicable levies.
Tennessee Property Tax Exemptions
- Homestead exemption: Varies by county; up to $75,000 exemption in some areas
- Senior exemption: Available in most counties — check your local assessor's office for specific amounts and age thresholds (typically 65+)
- Veteran exemption: Disabled veterans (10%+ rating) may qualify for additional exemptions — varies by county. Contact your county assessor for details
- Disability exemption: Disability exemptions available in most counties — typically mirrors the senior exemption. Contact your county assessor for specific amounts
How Tennessee Compares to Neighboring States
How to Appeal Your Tennessee Property Tax
If you believe your Tennessee property is over-assessed, you have the right to appeal:
- 1. Contact your county assessor — Review your assessment for errors in square footage, lot size, or condition
- 2. Gather comparable sales — Find 3-5 similar homes sold recently in your Tennessee neighborhood with lower values
- 3. File by the deadline — Tennessee appeal deadlines vary by county; check your assessment notice
- 4. Present evidence — Focus on facts and comparable data, not complaints about tax rates
- 5. Success rate: 50-70% of Tennessee property tax appeals result in a reduction
Frequently Asked Questions
What is the property tax rate in Tennessee?
The effective property tax rate in Tennessee is 0.68% as of 2026. On a home valued at $234,000, the annual property tax is approximately $1,590.
How are properties assessed in Tennessee?
In Tennessee, properties are assessed at 25% of market value. The assessed value determines the taxable value used to calculate your property tax bill.