2026 federal, state and local taxes
Estimate your 2026 Tennessee property tax. At the state's 0.55% average rate, a $320,000 home pays about $1,760 a year.
| Home Value | TN Effective Rate | Annual Property Tax | Monthly Escrow | At the U.S. Average (0.90%) |
|---|---|---|---|---|
| $250,000 | 0.55% | $1,375 | $115 | $2,250 |
| $350,000 | 0.55% | $1,925 | $160 | $3,150 |
| $500,000 | 0.55% | $2,750 | $229 | $4,500 |
| $650,000 | 0.55% | $3,575 | $298 | $5,850 |
| $800,000 | 0.55% | $4,400 | $367 | $7,200 |
| $1,000,000 | 0.55% | $5,500 | $458 | $9,000 |
| State | Average Rate | Typical Home | Bill on Typical Home | Bill on $350,000 |
|---|---|---|---|---|
| Missouri | 0.88% | $250,000 | $2,200 | $3,080 |
| Georgia | 0.81% | $335,000 | $2,714 | $2,835 |
| Kentucky | 0.77% | $210,000 | $1,617 | $2,695 |
| Mississippi | 0.74% | $180,000 | $1,332 | $2,590 |
| Virginia | 0.74% | $390,000 | $2,886 | $2,590 |
| North Carolina | 0.70% | $330,000 | $2,310 | $2,450 |
| Arkansas | 0.57% | $205,000 | $1,169 | $1,995 |
| Tennessee | 0.55% | $320,000 | $1,760 | $1,925 |
| Alabama | 0.39% | $226,000 | $881 | $1,365 |
Statewide average effective rates; local rates vary a lot within each state.
Pick a state to see its 2026 tax rules and results for common salaries or home values.
Tennessee's average effective property tax rate is 0.55% of a home's value each year, 21st of 51, near the middle. On the state's typical home, worth about $320,000, that comes to roughly $1,760 a year, or $147 a month in escrow.
Because home prices differ so much, the yearly bill ranks differently from the rate: Tennessee's bill on a typical home is 9th from the bottom of 51, among the lowest. On a $350,000 home it would be about $1,925.
Of Tennessee's neighbors, Alabama (0.39%) has a lower average rate; the table below lists them all.
These are Tennessee averages; your county, city and school district set the actual bill.
About $1,650 a year ($138 a month) at Tennessee's 0.55% average rate. A $500,000 house would pay about $2,750.
Not especially. Tennessee's average rate of 0.55% ranks 21st of 51.
Tennessee's state rate is 7.00% and local add-ons average 2.61%, for a combined average of 9.61%, the 2nd highest of 51 (50 states and D.C.).