How are property taxes in Tennessee?

What county in Tennessee has the lowest property taxes?

Statewide, the lowest taxes are in:

  • Cumberland County: 0.39% average tax rate, $534 median annual taxes.
  • Sevier County: 0.40% average tax rate, $636 median annual taxes.
  • Fayette County: 0.42% average tax rate, $769 median annual taxes.
  • Fentress County: 0.44% average tax rate, $463 median annual taxes.

How are property taxes paid in Tennessee?

Taxes are due and payable on the first Monday of October and must be paid in full by last day of February of the following year to avoid interest.

Where does Tennessee rank in property taxes?

Calendar Year 2016 Property Taxes

Rank (Rate) State Avg Property Tax
1 Hawaii $2,489
2 Alabama $776
3 Colorado $2,046
4 Tennessee $981

Does Tennessee have high property tax?

Overview of Tennessee Taxes

Tennessee has some of the lowest property taxes in the U.S. The median annual property tax paid by homeowners in Tennessee is $1,220, about half the national average. The average effective property tax rate in Tennessee is 0.64%.

What’s the best county in Tennessee to live in?

Detailed List Of The Best Counties In Tennessee

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County Rank Population
Williamson County 1 225,389
Sumner County 2 183,437
Wilson County 3 136,666
Cheatham County 4 40,181

What county has the highest taxes in Tennessee?

Memphis has the highest combined county and city nominal tax rate in the state.

What taxes do you pay in Tennessee?


Tennessee has no income tax but does have a “hall tax” — that is, a 6% tax on interest and dividends, which is specifically allowed by the state constitution. Tennessee also has a 7% sales tax.

How often do you pay property tax in TN?

You must file and pay use taxes at least annually, but may choose to file and pay more frequently. You may choose to file at the end of the year, at the time that you file other tax returns, or any other date that works best for you.

Does Tennessee have property tax on vehicles?

On average, American households will spend $2,089 on property taxes and $423 on vehicle property taxes of in 2015, WalletHub said.

State Average real estate tax rank ($) Average vehicle property tax rank ($)
Tennessee 13 ($1287) 1 ($0)
Texas 47 ($3327) 1 ($0)
Utah 11 ($1210) 28 ($150)