Tennessee Property Tax in 2026

Enter your home value — this is your home's market value (typically close to what you'd sell for today, or what you paid). The state dropdown is pre-selected to Tennessee, and the rate field is pre-filled with the state's average effective property tax rate of 0.71%.

For a more precise estimate, override the rate with your local millage rate from your county assessor's website or your most recent property tax bill. In Tennessee, rates vary considerably by county and city — the state average is a starting point, not your exact number.

You'll see your annual tax, monthly tax (the amount typically escrowed with your mortgage), and how Tennessee's rate compares to the national average and to other states.

Tennessee's 0.71% effective property tax rate is 36% below the national average. It ranks 37th out of 51 US states, putting it in the lower third. On the state's median home value of $315,000, that produces an annual property tax bill of roughly $2,237.

Property tax is a local tax, not a state tax — most of what you pay goes to your county, city, school district, and other local taxing authorities. The "state average" rate you see here is really a blend of all those local rates, weighted across Tennessee's counties. Your specific home's rate could be meaningfully higher or lower depending on where you live.

Rates are expressed as an effective property tax rate: the actual dollar tax divided by the home's market value. Many counties also publish a millage rate in mills (one mill = 0.1% = $1 per $1,000 of assessed value). They're two ways of writing the same tax.

Most Tennessee homeowners pay property tax through escrow: your lender collects 1/12 of the annual bill with each mortgage payment, holds it, and sends it to the county when the bill comes due. If you own outright, you typically pay the county directly in one or two installments per year.

How Tennessee assesses your home. County assessors reappraise on 4-6 year cycles, and residential property is assessed at 25% of market value. Rates are certified to stay revenue-neutral after reappraisal.

Exemptions that lower your Tennessee bill. Tennessee has no homestead exemption, but income-qualified seniors, disabled homeowners, and disabled veterans get tax relief reimbursements, and many counties offer a senior tax freeze.

Appealing your Tennessee assessment. Start with an informal review by the county assessor, then appeal to the County Board of Equalization, which convenes June 1. Nashville and Memphis both see heavy appeal activity in reappraisal years.