Bradley County, Tennessee Property Taxes
The median property tax rate in Bradley County is 0.45%, which is significantly lower than both the national median of 0.99% and the Tennessee state median of 0.64%. With the median home value in Bradley County at $153,100, the typical annual property tax bill reaches $797, well below the national median of $2,690. Property taxes in Bradley County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Bradley County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Cleveland or another part of Bradley County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bradley County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$689
$639
Ownwell’s Bradley County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Bradley County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Bradley County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Bradley County, Tennessee
Property taxes in Bradley County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Bradley County is 0.45%, which is lower than the U.S. national median of 0.99%. Local government entities within Bradley County set these rates annually, and they can vary significantly between different areas within the county. Each year, Bradley County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Bradley County's effective property tax rate with other areas in Tennessee and the national median. For comparison, the city of Apison has one of the higher property tax rates in Tennessee at 0.45%, while the city of Ringgold boasts one of the lowest at 0.44%. Analyzing how Bradley County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Bradley County Tax Rate
0.45%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bradley County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Apison | N/A | N/A | N/A | N/A | N/A |
| Charleston | 0.44% | 0.45% | 0.45% | 0.45% | 0.46% |
| Cleveland | 0.44% | 0.44% | 0.45% | 0.79% | 0.79% |
| Georgetown | 0.44% | 0.44% | 0.45% | 0.45% | 0.45% |
| Mc Donald | 0.44% | 0.45% | 0.45% | 0.45% | 0.45% |
| Old Fort | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Ringgold | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Bradley County, Tennessee
In Bradley County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Bradley County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Bradley County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. The median home price in Bradley County is $153,100, with property tax bills ranging from $363 at the 25th percentile to $2,000 at the 90th percentile. The highest median tax bill is in Ringgold at $965, while Old Fort has the lowest at $334. Being aware of these valuation processes in Bradley County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Bradley County, Tennessee
Source: Ownwell
$74,500
$138,300
$202,100
Average Bradley County Assessed Value
$153,100
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bradley County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Apison | N/A | N/A | N/A | N/A | N/A |
| Charleston | $19,100 | $45,650 | $145,600 | $248,500 | $364,100 |
| Cleveland | $22,400 | $78,600 | $156,200 | $231,300 | $321,500 |
| Georgetown | $11,260 | $36,000 | $140,200 | $244,500 | $362,160 |
| Mc Donald | $17,300 | $45,875 | $141,300 | $249,175 | $381,650 |
| Old Fort | $23,000 | $36,200 | $74,500 | $170,400 | $253,800 |
| Ringgold | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Bradley County, Tennessee
In Bradley County, TN, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The county uses an assessment ratio to determine this value. For homeowners in Bradley County, the median home price is $153,100. Property taxes are then applied to this assessed value using the local tax rate. Several factors influence the final tax bill, including the home's location, size, and any applicable exemptions. For example, in Bradley County, the 25th percentile tax bill is $363, while the 75th percentile reaches $1,337. At the 90th percentile, homeowners might see tax bills as high as $2,000. Comparatively, the national median property tax rate is 0.99%, which can help homeowners gauge how their local rates stack up. The highest median tax bill in the county is found in Ringgold at $965, while the lowest is in Old Fort at $334. These variations significantly impact homeowners, influencing decisions on buying, selling, and budgeting for annual expenses.
Average Bradley County Tax Bill
$797
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Bradley County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Apison | N/A | N/A | N/A | N/A | N/A |
| Charleston | $86 | $206 | $659 | $1,119 | $1,631 |
| Cleveland | $111 | $428 | $830 | $1,380 | $2,052 |
| Georgetown | $50 | $162 | $627 | $1,098 | $1,625 |
| Mc Donald | $77 | $207 | $639 | $1,138 | $1,736 |
| Old Fort | $103 | $164 | $334 | $754 | $1,141 |
| Ringgold | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell