Haywood County, Tennessee Property Taxes
Median Haywood County effective property tax rate: 1.06%, significantly higher than the national median of 1.02%.
Median Haywood County home value: $76,350
Median annual Haywood County tax bill: $746, $1,654 lower than the national median property tax bill of $2,400.
How are property taxes in Haywood County calculated?
Property taxes in Haywood County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Brownsville or another part of Haywood County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Haywood County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.06%
Estimate Property Tax Bill
$809
$751
Property Tax Rates Across Haywood County, Tennessee
Local government entities in Tennessee, like elsewhere, set property tax rates that can vary significantly within the state. Each year, counties estimate their required budget for services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although the process involves votes and laws, this is the essence of how annual property tax rates are determined.
In Haywood County, the effective property tax rate is 1.06%, slightly above the national median rate of 1.02%. This positions Haywood County as a region with a higher property tax rate compared to the national average. Within Tennessee, Brownsfield boasts the highest median tax rate at 1.18%, while Ripley offers a more favorable rate of 0.69%. These figures highlight the diversity of tax rates across different areas.
Comparing Haywood County's rate to the national median provides valuable insight for property owners. Understanding these differences can be crucial for financial planning and property investment decisions. By staying informed about local tax rates, property owners can make more informed decisions regarding their investments.
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 Haywood County Tax Rate
1.06%
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 Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Haywood County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bells | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
| Brownsville | 0.69% | 0.69% | 1.18% | 1.18% | 1.18% |
| Gates | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
| Ripley | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
| Somerville | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
| Stanton | 0.69% | 0.69% | 0.69% | 0.69% | 1.06% |
| Whiteville | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
| Benton | N/A | N/A | N/A | N/A | N/A |
| Jackson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Haywood County, Tennessee
When examining property taxes in Haywood County, 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 Haywood County Assessor 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.
Assessment notices:
In Haywood County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March.
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 Haywood County.
For example, the median tax bill in Haywood County is $810.00, with tax bills ranging significantly across the county. Somerville has the highest median home price at $104,050.00.
Property Tax Assessment Values Across Haywood County, Tennessee
Source: Ownwell
$67,400
$85,725
$104,050
Median Haywood County Market Value
$76,350
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Haywood County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bells | $37,600 | $55,800 | $88,000 | $144,500 | $268,600 |
| Brownsville | $35,700 | $53,500 | $76,900 | $123,400 | $208,180 |
| Gates | $37,510 | $53,150 | $81,250 | $135,675 | $208,620 |
| Ripley | $24,500 | $48,650 | $71,550 | $121,225 | $191,080 |
| Somerville | $56,120 | $74,950 | $104,050 | $131,175 | $357,260 |
| Stanton | $28,680 | $44,625 | $67,400 | $116,975 | $198,510 |
| Whiteville | $36,520 | $57,725 | $90,800 | $149,500 | $206,060 |
| Benton | N/A | N/A | N/A | N/A | N/A |
| Jackson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Haywood County, Tennessee
Median Haywood County Tax Bill
$746
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Haywood County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bells | $259 | $384 | $608 | $1,005 | $1,960 |
| Brownsville | $336 | $538 | $810 | $1,263 | $1,904 |
| Gates | $261 | $375 | $573 | $956 | $1,438 |
| Ripley | $173 | $346 | $493 | $833 | $1,318 |
| Somerville | $378 | $502 | $708 | $895 | $2,615 |
| Stanton | $205 | $324 | $510 | $853 | $1,456 |
| Whiteville | $258 | $408 | $653 | $1,049 | $1,433 |
| Benton | N/A | N/A | N/A | N/A | N/A |
| Jackson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell