Property Taxes in Tennessee: Rates, Exemptions, and How They Work (2026)
TL;DR
Tennessee property taxes are relatively low, with an average effective rate of about 0.56%. Residential property is assessed at 25% of appraised market value. Counties reappraise every 4-6 years. The Tax Relief Program provides up to $120 in state-funded property tax relief for seniors 65+, disabled homeowners, and disabled veterans. Tennessee has no state income tax on wages. Appeals go through the county Board of Equalization during a limited sitting period.
Assessment Ratio
Tennessee assesses residential property at 25% of appraised value. Commercial and industrial property is assessed at 40%. Farm property is assessed at 25% of agricultural use value. A home appraised at $300,000 has an assessed value of $75,000.
Reappraisal Cycle
Counties reappraise property every 4, 5, or 6 years as set by the State Board of Equalization. Metro areas tend to reappraise more frequently. Between reappraisals, values remain stable unless new construction or improvements occur.
Exemptions and Relief
| Program | Benefit | Who Qualifies |
|---|---|---|
| Tax Relief Program | Up to $120/year state-funded relief | 65+ with income under $33,460, or disabled |
| Disabled Veteran | First $175,000 of market value exempt | Service-connected total disability |
| Greenbelt (Agricultural) | Assessed at agricultural use value | Qualifying farm, forest, or open-space land |
Tax Rates
Tax rates are set by county and city governments. County rates typically range from $1.50 to $4.00 per $100 of assessed value. Cities add their own rates on top.
Appeal Process
- County Board of Equalization: File during the annual sitting period (typically June). Informal reviews may be available with the county assessor first.
- State Board of Equalization: Appeal within 30 days of the county board's decision
- Chancery Court: Further judicial appeal available
Check your Tennessee assessment with our free property tax analyzer.
Frequently Asked Questions
What should I know about property taxes in tennessee: rates, exemptions, and how they work (2026)?
Tennessee property taxes are relatively low, with an average effective rate of about 0.56%. Residential property is assessed at 25% of appraised market value. Counties reappraise every 4-6 years.
What should I know about assessment ratio?
Tennessee assesses residential property at 25% of appraised value. Commercial and industrial property is assessed at 40%. Farm property is assessed at 25% of agricultural use value.
What should I know about reappraisal cycle?
Counties reappraise property every 4, 5, or 6 years as set by the State Board of Equalization. Metro areas tend to reappraise more frequently. Between reappraisals, values remain stable unless new construction or improvements occur.
What should I know about tax rates?
Tax rates are set by county and city governments. County rates typically range from $1.50 to $4.00 per $100 of assessed value. Cities add their own rates on top.
What is the process for appeal process?
Check your Tennessee assessment with our free property tax analyzer.