Tennessee Property Taxes

Property taxes in Tennessee are a significant source of revenue for local governments, used to fund essential public services such as schools, roads, and public safety. Property owners in Tennessee are responsible for paying property taxes annually, based on the assessed value of their property.

Assessment Process

The local county assessor is responsible for determining the assessed value of a property in Tennessee. The assessed value is based on the market value of the property and takes into account recent sales of similar properties in the area, as well as the physical characteristics of the property itself. The assessed value is then used to calculate the property tax owed.

Tax Rates

Property tax rates in Tennessee are set by local government and can vary depending on the location of the property and the services provided by the local government. On average, property tax rates in Tennessee range from 2% to 4% of the assessed value.


Tennessee offers several exemptions to property owners to reduce the amount of property tax owed. Some of the most common exemptions include:

Homestead Exemption: A reduction in property taxes for eligible homeowners who occupy their primary residence.

Elderly or Disabled Exemption: A reduction in property taxes for eligible elderly or disabled homeowners.

Agricultural Land Exemption: A reduction in property taxes for eligible agricultural land used for farming or forestry.


If a property owner disagrees with the assessed value of their property, they can file an appeal with the local county assessor. The appeal process typically involves a hearing where the property owner can present evidence to support their case.

In conclusion, property taxes play an important role in funding local government services in Tennessee. Property owners in Tennessee can take advantage of various exemptions and appeal processes to lower their property tax bill. It is important for property owners to understand the assessment process, tax rates, and exemptions available to better plan for and manage their property taxes.