Church Hill, Tennessee Property Taxes
The median property tax rate in Church Hill, TN is 0.58%, which is notably lower than both the national median of 0.99% and the Tennessee state median of 0.64%. With the median home value in Church Hill, the typical annual property tax bill amounts to $713, significantly below the national median of $2,690. Property taxes in Church Hill are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Church Hill's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Church Hill or another part of Hawkins County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Church Hill, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.58%
Estimate Property Tax Bill
$635
Ownwell’s Church Hill Property Tax Bill Calculator is an essential tool for any homeowner, real estate investor, or potential owner looking to estimate their annual property taxes in Church Hill. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Church Hill to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities with ease. For those interested in more granular data, you can find neighborhood-level trends further down the page. Remember, your property’s assessed value is determined by Hawkins County for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Church Hill, Tennessee
Property taxes in Church Hill, Tennessee, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Church Hill is 0.58%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Church Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Church Hill estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Church Hill's effective property tax rate to other areas and the national median. For comparison, the zip code 37642 has both the highest and lowest median property tax rate of 0.58%. Understanding how these cities compare with Church Hill provides valuable insights into the varying tax landscape across Hawkins County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Church Hill Tax Rate
0.58%
Average Hawkins County Tax Rate
0.58%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Church Hill, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37642 | 0.58% | 0.58% | 0.58% | 0.82% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Church Hill, Tennessee
In Church Hill, Tennessee, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Hawkins County Assessor of Property for tax purposes. In contrast, the assessed value 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. In Church Hill, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For example, in zip code 37642, the highest median tax bill is $713. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Church Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Church Hill Assessed Value
$109,500
Average Hawkins County Assessed Value
$69,900
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Church Hill, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37642 | $15,400 | $29,100 | $109,500 | $158,800 | $216,230 |
Source: Ownwell
Property Tax Bills Across Church Hill, Tennessee
In Church Hill, Hawkins County, TN, property tax bills are calculated based on the assessed value of a property, which is determined by local tax assessors. The assessed value is typically a percentage of the market value of the home. Homeowners in Church Hill face varying tax bills, with the 25th percentile tax bill at $192 and the 75th percentile at $1,147. The 90th percentile tax bill can reach up to $1,595. These tax bills are influenced by several factors, including the property's location, size, and any improvements made. For example, properties in the zip code 37642 have a median tax bill of $713, which is consistent across the area. Compared to the national median property tax rate of 0.99%, Church Hill’s tax rates can provide significant savings for homeowners. Understanding these factors can help homeowners anticipate their tax obligations and manage their finances more effectively.
Average Church Hill Tax Bill
$713
Average Hawkins County Tax Bill
$448
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Church Hill, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37642 | $95 | $192 | $713 | $1,147 | $1,595 |
Source: Ownwell