Cleveland, Bradley County, Tennessee Property Taxes
Median Cleveland, TN effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Cleveland, TN home value: $156,200
Median annual Cleveland, TN tax bill: $830, $1,570 lower than the national median property tax bill of $2,400.
How are property taxes in Bradley County calculated?
Property taxes in Cleveland, TN are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Cleveland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cleveland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cleveland, Bradley County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.45%
Estimate Property Tax Bill
$703
$652
Ownwell’s Cleveland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cleveland with just two data points.
By entering your property's estimated assessed value, our calculator applies Cleveland’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Bradley County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Cleveland, Bradley County, Tennessee
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Cleveland, located in Bradley County, the property tax rate offers an interesting comparison to other cities in Tennessee and the national median. The effective property tax rate in Cleveland is lower than the national median of 1.02%, making it an attractive location for property owners. Within Bradley County, there are slight variations in tax rates, with the highest median tax rate in the 37312 zip code and the lowest in the 37323 zip code. These variations highlight the importance of understanding local tax rates when considering property investments. By staying informed about these rates, property owners can make more strategic decisions and potentially save on their annual tax bills.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cleveland Tax Rate
0.45%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bradley County Tax Rate
0.45%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cleveland, Bradley County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37311 | 0.44% | 0.45% | 0.79% | 0.79% | 0.79% |
| 37312 | 0.44% | 0.44% | 0.79% | 0.79% | 0.79% |
| 37323 | 0.44% | 0.44% | 0.44% | 0.45% | 0.45% |
Source: Ownwell
Property Tax Assessment Values Across Cleveland, Bradley County, Tennessee
When examining property taxes in Cleveland, Tennessee, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bradley County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Bradley County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cleveland. For example, the median home price in Cleveland is $156,200, with tax bills ranging significantly across the county. Zip code 37312 has the highest median home price at $202,100.
Property Tax Assessment Values Across Cleveland, Bradley County, Tennessee
Source: Ownwell
$74,500
$138,300
$202,100
Median Cleveland Market Value
$156,200
Median Bradley County Market Value
$153,100
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cleveland, Bradley County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37311 | $13,700 | $48,300 | $113,650 | $181,575 | $272,100 |
| 37312 | $45,310 | $150,800 | $202,100 | $283,800 | $384,190 |
| 37323 | $19,040 | $65,350 | $137,500 | $201,400 | $275,500 |
Source: Ownwell
Property Tax Bills Across Cleveland, Bradley County, Tennessee
Median Cleveland Tax Bill
$830
Median Bradley County Tax Bill
$797
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Cleveland, Bradley County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37311 | $85 | $295 | $736 | $1,178 | $1,864 |
| 37312 | $263 | $768 | $1,312 | $1,900 | $2,614 |
| 37323 | $85 | $294 | $632 | $959 | $1,315 |
Source: Ownwell