Fentress County Property Taxes
The median property tax rate in Fentress County is 0.48%, 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 Fentress County at $83,600, the typical annual property tax bill is $401, far below the national median of $2,690. Property taxes in Fentress 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 Fentress 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 Jamestown or another part of Fentress County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fentress County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$401
$372
Ownwell’s Fentress County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fentress County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Fentress County to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For more localized trends, scroll down to access city-level information. Your property’s assessed value is the amount assigned by the county specifically for property tax calculations and includes any exemptions you may qualify for.
Property Tax Rates Across Fentress County, Tennessee
Property taxes in Fentress County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Fentress County is 0.48%, which is lower than the U.S. national median of 0.99%. Local government entities within Fentress County set these rates annually, and they can vary significantly between different areas within the county. Each year, Fentress 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 Fentress County's effective property tax rate with other counties in Tennessee and the national median. For comparison, the city of Byrdstown has one of the higher property tax rates in Tennessee at 0.48%, while the city of Wilder boasts one of the lowest at 0.48%. Analyzing how Fentress County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Fentress County Tax Rate
0.48%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fentress County, Tennessee
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Allardt | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Byrdstown | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Clarkrange | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Crawford | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Deer Lodge | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Grimsley | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Jamestown | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Monterey | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Pall Mall | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Wilder | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Fentress County, Tennessee
In Fentress 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 Fentress 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 Fentress 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. For example, Wilder has the highest median tax bill at $605, while Crawford has the lowest at $181. Being aware of these valuation processes in Fentress 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 Fentress County, Tennessee
Source: Ownwell
$37,900
$81,925
$125,950
Average Fentress County Assessed Value
$83,600
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fentress County, Tennessee
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Allardt | $30,930 | $54,100 | $92,400 | $143,450 | $239,530 |
Byrdstown | $48,750 | $58,475 | $74,750 | $102,050 | $127,850 |
Clarkrange | $28,840 | $55,100 | $96,700 | $148,300 | $206,940 |
Crawford | $30,450 | $31,050 | $37,900 | $47,900 | $65,850 |
Deer Lodge | $53,640 | $72,350 | $104,000 | $166,000 | $250,760 |
Grimsley | $19,900 | $46,350 | $116,800 | $156,100 | $196,000 |
Jamestown | $21,900 | $43,675 | $77,700 | $133,600 | $207,870 |
Monterey | $25,900 | $48,450 | $89,150 | $150,475 | $222,920 |
Pall Mall | $23,320 | $42,750 | $77,100 | $139,200 | $207,000 |
Wilder | $33,680 | $78,350 | $125,950 | $180,975 | $246,090 |
Source: Ownwell
Property Tax Bills Across Fentress County, Tennessee
In Fentress County, TN, property tax bills are calculated based on the assessed value of your property, which is determined by the county assessor. The assessed value is a percentage of the market value of your home. Factors such as property size, location, and improvements can influence this assessed value. Once the assessed value is established, it is multiplied by the county’s tax rate to determine the annual property tax bill. Homeowners in Fentress County experience a range of tax bills. For instance, the 25th percentile tax bill is around $220, while the 75th percentile reaches $666. At the 90th percentile, homeowners might pay up to $1,001. Comparatively, the national median property tax rate is 0.99%, making Fentress County relatively affordable. The highest median tax bill in the county is found in Wilder at $605, whereas Crawford has the lowest at $181. Understanding these factors can help homeowners anticipate their property tax obligations and plan accordingly.
Average Fentress County Tax Bill
$401
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Fentress County, Tennessee
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Allardt | $147 | $258 | $439 | $684 | $1,138 |
Byrdstown | $232 | $279 | $357 | $488 | $610 |
Clarkrange | $140 | $265 | $462 | $711 | $1,002 |
Crawford | $146 | $148 | $181 | $228 | $314 |
Deer Lodge | $256 | $346 | $497 | $792 | $1,198 |
Grimsley | $96 | $221 | $556 | $735 | $929 |
Jamestown | $106 | $209 | $372 | $641 | $995 |
Monterey | $124 | $231 | $426 | $750 | $1,065 |
Pall Mall | $111 | $201 | $367 | $667 | $996 |
Wilder | $159 | $374 | $605 | $864 | $1,179 |
Source: Ownwell
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