Loan Tax CalculatorTennessee property tax
Effective rate
0.49%
Median home value
$386,400
Average annual tax
$1,893
Rank of 51
#47
1 = highest effective rate
Tennessee's rate is 0.41 points below the national average of 0.90%. On the median-priced Tennessee home, that's about $158 per month added to the mortgage payment.
Estimate your Tennessee property tax
Annual tax—
Monthly escrow—
At the average effective rate of 0.49%. Local county and municipal rates vary.
Tax on typical home values
| Home value | Annual tax | Monthly escrow |
|---|---|---|
| $250,000 | $1,225 | $102 |
| $400,000 | $1,960 | $163 |
| $600,000 | $2,940 | $245 |
How Tennessee compares
Missouri0.89%
Virginia0.78%
Georgia0.77%
Kentucky0.74%
North Carolina0.66%
Mississippi0.58%
Arkansas0.55%
Tennessee (this state)0.49%
Alabama0.38%
National average0.90%
Homestead exemptions & relief
Property tax exemptions available for certain eligible homeowners; specific programs vary by county; among lowest property tax rates nationally