Tennessee

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Median effective property tax rate
0.55%
Median annual property tax bill
$1,400
Median home value
$256,800

Source: U.S. Census Bureau, ACS 5-Year Estimates (2019-2023), pulled 2026-09-15.

Census figures for Tennessee, with margins of error

The median owner-occupied home in Tennessee had a real-estate tax bill of $1,400 (± $7) a year, compared with $2,969 nationwide. The median home value was $256,800 (± $1,438), compared with $303,400 nationwide.

U.S. Census Bureau estimates for Tennessee and the United States, with margins of error
MeasureTennesseeUnited States
Population 6,986,082 332,387,540
Median annual property tax bill (homeowners) $1,400 ± $7 $2,969 ± $3
Median home value $256,800 ± $1,438 $303,400 ± $362
Median household income $67,097 ± $360 $78,538 ± $176
Property tax as a share of home value (calculated) 0.55% ± under 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 67.0% ± 0.4 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 32.9% ± 0.1 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs 18.2% ± 0.3 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

Counties in Tennessee

Cities in Tennessee (461)