Free property tax calculator tailored for Tennessee (TN). Calculate instantly with state-specific rates and rules.
Tennessee has an effective property tax rate of 0.66%, producing an average annual bill of $1,220. The US national average is 1.07% — Tennessee's rate is below, placing it at rank #16 out of 50 states (rank 1 = lowest).
Tennessee assesses residential property at 25% of appraised value (commercial at 40%). Appraised value is market value, determined by county assessors. Properties are reappraised every 4-6 years.
Tennessee's Property Tax Relief program provides reimbursements to qualifying low-income elderly, disabled, and disabled veteran homeowners for part of their property tax paid on their primary residence.
No statewide cap on annual increases between reappraisals. Tennessee's rapid growth in Nashville and Knoxville has produced significant valuation increases upon reappraisal, though the 25% assessment ratio moderates the absolute tax bill.
Tennessee has no state income tax on wages and no broad sales tax on food, making it one of the lower total tax burden states. Nashville has become one of the country's most in-demand relocation markets, driving up home values and eventual property tax bills.
The median home value in Tennessee is $310,000. Nashville and suburbs (Williamson, Rutherford, Wilson counties) have seen 40-60% appreciation since 2020. Knoxville has also emerged as a top relocation destination. Memphis remains the state's most affordable major market. At the 0.66% effective rate, a homeowner at the median value pays roughly $1,220/year in property taxes.
Data: Tax Foundation (2024), US Census Bureau ACS 2023, Zillow, ATTOM Data Solutions. Updated 2024–2025. Figures reflect state averages — consult a licensed professional for personalized advice.
More from TUDITOOLS