Tennessee Property Tax Calculator 2026

Calculate property taxes in Tennessee. The average effective property tax rate in TN is 0.46%, which is below the national average of 0.89%. Estimate your annual property tax bill.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

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Annual Property Tax

$1,610.00

Monthly Equivalent

$134.17

Effective Rate

0.460%

Property Tax Breakdown

Assessed Value$350,000.00
Homestead Exemption$0.00
Taxable Value$350,000.00
Annual Tax$1,610.00
Monthly Equivalent$134.17

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Tennessee Property Tax Guide

Tennessee homeowners pay some of the lowest property taxes in the country, with an average effective rate of about 0.46% of a home's value. That is roughly half the national average of about 0.9%, and it helps offset the state's high sales tax. Property tax in Tennessee is entirely a local matter: counties and cities set their own rates, assess the property, and send the bill, while the state itself collects no property tax.

The calculation runs through an assessment ratio rather than full market value. Residential property is assessed at 25% of its appraised value, and the local tax rate is applied to that assessed amount, not to the full sale price. Tennessee also runs targeted relief programs, including a property tax relief program and a tax freeze for qualifying elderly and disabled homeowners and certain veterans, administered through the county. To rough out a bill, take the home's appraised value, multiply by the 25% assessment ratio, then apply your county and city rate per $100 of assessed value.

Tennessee Property Tax Details (2026)

Avg. Effective Property Tax Rate 0.46%
National Average 0.89%
vs. National Average 0.43 points below
Estate Tax None
State Sales Tax 7%
State Income Tax None

Official Sources:

Tennessee Property Tax FAQ

What is the average property tax rate in Tennessee?
The average effective property tax rate is about 0.46% of a home's value, well below the roughly 0.9% national average. Because rates are set locally, the actual figure varies by county and city. Tennessee's low property taxes are part of how the state balances its lack of an income tax against a high sales tax.
How is a Tennessee property tax bill calculated?
Residential property is assessed at 25% of its appraised market value, and the local tax rate is applied to that assessed value rather than the full appraisal. Rates are quoted per $100 of assessed value and set by each county and city. So you multiply the appraised value by 0.25, then apply the local rate to that assessed amount to estimate the annual bill.
Who handles property assessments and billing in Tennessee?
Counties and cities do, not the state. The county assessor of property determines each parcel's appraised value, local governments set their tax rates, and the county trustee or city collector issues and collects the bill. The Tennessee Comptroller's office oversees assessment standards statewide, but the money and the rate-setting stay at the local level.
Are there property tax breaks for seniors or veterans in Tennessee?
Yes. Tennessee offers a property tax relief program that reimburses a portion of taxes for qualifying low-income elderly homeowners, disabled homeowners, and certain disabled veterans and their surviving spouses. Many counties and cities also offer a tax freeze that locks the tax amount for eligible older homeowners. Both are applied for through the county, and eligibility depends on age, income, or disability status.

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