Tennessee Property Tax Calculator
Estimate your Tennessee property tax for the 2026 tax year. Enter your home's assessed value and county to see your annual bill, including county rates (0.5%–1.0%+), homestead exemption ($7,500), and senior tax freeze.Updated 2026
Tennessee Property Tax Estimator — Quick Look
Estimated annual property tax for common home values.
| Assessed Value | County | Tax Rate | Annual Tax | Monthly |
|---|---|---|---|---|
| $250,000 | Davidson (0.80%) | 0.80% | $2,000 | $167 |
| $300,000 | Davidson (0.80%) | 0.80% | $2,400 | $200 |
| $300,000 | Shelby (0.70%) | 0.70% | $2,100 | $175 |
| $300,000 | Knox (0.70%) | 0.70% | $2,100 | $175 |
| $500,000 | Davidson (0.80%) | 0.80% | $4,000 | $333 |
* Estimates for primary residence with homestead exemption. Actual tax varies by city and special districts.
Tennessee Property Tax Information 2026
Average Effective Rate: 0.60%–0.80% (one of the lowest in the US) County + City
Assessment Ratio: Residential property assessed at 25% of market value.
Key Programs:
- Homestead Exemption: $7,500 reduction in assessed value for primary residences
- Senior Tax Freeze (65+): Freezes property tax at the base year amount — eligible seniors pay the same tax amount regardless of rate increases
- Disabled Veterans Exemption: Exemption for 100% disabled veterans
- No State Income Tax: Tennessee does not tax wages
Tax Composition: County ~50%, City ~30%, School ~20%
Source: Tennessee Department of Revenue — tn.gov/revenue · Updated July 2026
Frequently Asked Questions
📊 Data Methodology
Tennessee property tax calculations use county-specific rates from the Tennessee Department of Revenue. Assessment ratio: 25% for residential property. Homestead exemption of $7,500 for primary residences. Senior tax freeze program — freezes tax at base year amount for homeowners 65+. Source: TN DOR · Updated July 2026