Tennessee · Property Tax & Closing Costs

Tennessee property tax by county

Property tax rates, median home values, and closing cost estimates for all 95 counties in Tennessee. The average effective rate across the state is 0.48%, ranking Tennessee 46 of 51 (lowest property taxes nationally). Data is sourced from the US Census Bureau American Community Survey 2024 5-year estimates.

Average rate

0.48%

across 95 counties

National rank

#46

of 51, highest rate first

Median home value

$204,700

county median in state

Rate range

0.28%–0.97%

Sevier County → Shelby County

Same home, different county

On a $204,700 home (the typical county median in Tennessee), the annual property tax bill depends heavily on where you buy:

Lowest-rate county

$565/yr

Sevier County at 0.28%

Highest-rate county

$1,996/yr

Shelby County at 0.97%

Difference

$1,431/yr

$119/mo · $14,309 over 10 years

Estimate: purchase price × each county's effective rate. Actual bills depend on assessed value, local levies, and exemptions.

Lowest property tax rates in Tennessee

The five Tennessee counties with the lowest effective property tax rates, useful for buyers comparing total cost of ownership across the state.

County	Rate	Median home	Median taxes
Sevier County	0.28%	$299,000	$824
Cumberland County	0.29%	$250,500	$730
Fentress County	0.32%	$168,200	$535
Loudon County	0.33%	$348,000	$1,162
Fayette County	0.34%	$340,800	$1,140

Highest property tax rates in Tennessee

The five Tennesseecounties with the highest effective property tax rates. High rates often reflect strong school district funding or municipal services rather than weakness, but they materially change a buyer's monthly carrying cost.

County	Rate	Median home	Median taxes
Shelby County	0.97%	$249,100	$2,429
Lake County	0.67%	$97,900	$653
Gibson County	0.66%	$156,900	$1,039
Dyer County	0.63%	$166,400	$1,047
Hardeman County	0.63%	$121,700	$764

Tennessee real estate transfer tax

Tennessee charges a combined transfer tax of about 0.37% of the purchase price. On a $204,700 home, that is roughly $757 in total.

Paid by	Rate	On $204,700
Buyer	0.00%	$0
Seller	0.37%	$757

Realty Transfer Tax $0.37/$100 (0.37%) on deed, seller-paid per Tenn. Code Ann. 67-4-409. Indebtedness Tax $0.115/$100 (0.115%) on loan amount above $2,000, paid by buyer, applies to mortgage, not purchase price, so not reflected in buyer_rate.

Official Tennessee source → · Verified April 2026

Closing costs in Tennessee

Across Tennessee's 95 counties, buyer closing costs run $2,721 to $13,096 at each county's median home value with 20% down. Cash needed at closing, with closing costs and the down payment, runs $22,301 to $163,476. Pick your county for your own figures.

Tennessee closing cost calculator

Tennessee property tax exemptions

Ways buyers in Tennessee may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.

Senior

Elderly / Disabled Homeowner Tax Relief

State reimbursement of property taxes paid by low-income homeowners 65+ or totally and permanently disabled, applied to the first portion of the home's appraised value.

View official source →

Veteran

Disabled Veteran Property Tax Relief

State reimburses property taxes on the first $175,000 of market value for veterans with 100% permanent and total service-connected disability. No income limit. Extends to surviving spouses.

View official source →

Assessment Cap

Property Tax Freeze

Participating counties and municipalities may freeze property tax on primary residence of homeowners 65+ who meet county-specific income limits, locking in the base year amount.

View official source →

Last verified April 2026. Exemption amounts and eligibility change frequently. Always confirm with your county assessor before claiming.

All 95 counties in Tennessee

Effective property tax rate, median home value, and median annual taxes paid for every county in Tennessee. Click a county to open its full property tax calculator and closing cost breakdown.

County	Rate	Median home	Median taxes
Anderson County	0.54%	$239,400	$1,289
Bedford County	0.48%	$281,200	$1,345
Benton County	0.48%	$153,600	$738
Bledsoe County	0.36%	$189,400	$688
Blount County	0.45%	$320,500	$1,453
Bradley County	0.45%	$261,900	$1,187
Campbell County	0.37%	$186,500	$691
Cannon County	0.43%	$252,000	$1,073
Carroll County	0.58%	$142,400	$821
Carter County	0.51%	$168,200	$864
Cheatham County	0.47%	$338,700	$1,582
Chester County	0.52%	$164,400	$856
Claiborne County	0.49%	$159,900	$777
Clay County	0.56%	$136,400	$769
Cocke County	0.57%	$158,100	$898
Coffee County	0.57%	$246,800	$1,407
Crockett County	0.58%	$158,900	$930
Cumberland County	0.29%	$250,500	$730
Davidson County	0.60%	$417,400	$2,506
Decatur County	0.46%	$139,600	$644
DeKalb County	0.35%	$235,500	$824
Dickson County	0.47%	$306,400	$1,431
Dyer County	0.63%	$166,400	$1,047
Fayette County	0.34%	$340,800	$1,140
Fentress County	0.32%	$168,200	$535
Franklin County	0.53%	$236,900	$1,246
Gibson County	0.66%	$156,900	$1,039
Giles County	0.42%	$234,300	$989
Grainger County	0.48%	$189,200	$901
Greene County	0.43%	$207,500	$890
Grundy County	0.38%	$154,000	$586
Hamblen County	0.41%	$210,900	$862
Hamilton County	0.61%	$312,800	$1,925
Hancock County	0.45%	$134,500	$599
Hardeman County	0.63%	$121,700	$764
Hardin County	0.41%	$160,400	$658
Hawkins County	0.54%	$176,300	$956
Haywood County	0.63%	$152,400	$952
Henderson County	0.48%	$164,800	$794
Henry County	0.44%	$160,200	$705
Hickman County	0.46%	$224,100	$1,038
Houston County	0.54%	$172,700	$929
Humphreys County	0.48%	$193,400	$921
Jackson County	0.46%	$155,500	$710
Jefferson County	0.43%	$229,300	$978
Johnson County	0.40%	$178,600	$710
Knox County	0.43%	$320,900	$1,367
Lake County	0.67%	$97,900	$653
Lauderdale County	0.59%	$143,200	$844
Lawrence County	0.53%	$194,400	$1,021
Lewis County	0.47%	$173,400	$824
Lincoln County	0.45%	$229,700	$1,038
Loudon County	0.33%	$348,000	$1,162
Macon County	0.39%	$225,700	$874
Madison County	0.56%	$211,800	$1,185
Marion County	0.43%	$195,200	$833
Marshall County	0.48%	$279,800	$1,346
Maury County	0.45%	$355,700	$1,588
McMinn County	0.35%	$211,800	$748
McNairy County	0.38%	$161,800	$619
Meigs County	0.39%	$180,000	$693
Monroe County	0.41%	$227,500	$934
Montgomery County	0.61%	$280,200	$1,697
Moore County	0.45%	$285,300	$1,288
Morgan County	0.52%	$166,300	$871
Obion County	0.52%	$133,600	$690
Overton County	0.39%	$173,200	$669
Perry County	0.53%	$126,900	$675
Pickett County	0.41%	$178,500	$728
Polk County	0.50%	$169,900	$856
Putnam County	0.48%	$282,500	$1,363
Rhea County	0.43%	$206,000	$894
Roane County	0.53%	$232,900	$1,223
Robertson County	0.47%	$335,000	$1,577
Rutherford County	0.48%	$382,600	$1,839
Scott County	0.51%	$124,900	$632
Sequatchie County	0.45%	$232,600	$1,051
Sevier County	0.28%	$299,000	$824
Shelby County	0.97%	$249,100	$2,429
Smith County	0.47%	$243,800	$1,136
Stewart County	0.46%	$204,700	$939
Sullivan County	0.58%	$213,300	$1,234
Sumner County	0.51%	$393,100	$1,987
Tipton County	0.50%	$240,600	$1,211
Trousdale County	0.34%	$337,600	$1,166
Unicoi County	0.52%	$189,600	$994
Union County	0.37%	$204,000	$752
Van Buren County	0.43%	$159,200	$693
Warren County	0.42%	$192,900	$805
Washington County	0.52%	$249,000	$1,302
Wayne County	0.49%	$130,700	$635
Weakley County	0.48%	$151,200	$729
White County	0.40%	$207,200	$838
Williamson County	0.40%	$751,900	$3,004
Wilson County	0.42%	$428,000	$1,787

Source: US Census Bureau American Community Survey 2024 5-year estimates, tables B25077 (median home value) and B25103 (median real estate taxes paid). Effective rate is computed as median taxes paid divided by median home value at the county level and represents the typical owner-occupied home. Actual bills vary by purchase price, exemptions, and special assessments.