Tennessee Property Tax Calculator
Homeowners in Tennessee pay an average effective property tax rate of 0.52%. The median bill is $1,442 a year on a median home value of $286,700.
Property tax on homes in Tennessee
| Home value | Yearly tax | Monthly |
|---|---|---|
| $200,000 | $1,040 | $87 |
| $300,000 | $1,560 | $130 |
| $400,000 | $2,080 | $173 |
| $500,000 | $2,600 | $217 |
| $750,000 | $3,900 | $325 |
The effective rate was 0.56% a year earlier. Most states let owners who live in their home claim a homestead exemption or credit that lowers the taxable value; check with your county assessor before you budget.
Data: owner-occupied housing, Census American Community Survey 2020–2024 via Tax Foundation. Reviewed 2026-10-25.
Sources: taxfoundation.org
Frequently asked questions
What is the property tax rate in Tennessee?
The average effective rate is 0.52% of home value (42th highest of 50 states and DC). Rates differ by county, city and school district.
How much is property tax on a $300,000 home in Tennessee?
About $1,560 a year ($130 a month) at the statewide average rate.