Chattanooga, Marion County, Tennessee Property Taxes

Name: Property Tax Bills Across Chattanooga, Marion County, Tennessee
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Chattanooga, TN effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Chattanooga, TN home value: $130,700
Median annual Chattanooga, TN tax bill: $579, $1,821 lower than the national median property tax bill of $2,400.

How are property taxes in Marion County calculated?

Property taxes in Chattanooga, 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 Chattanooga’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chattanooga, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Chattanooga, Marion County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.44%

Estimate Property Tax Bill

$575

$534

Ownwell’s Chattanooga Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chattanooga with just two data points. By entering your property's estimated assessed value, our calculator applies Chattanooga’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 Marion County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chattanooga, Marion County, Tennessee

Local government entities set tax rates, which can vary widely within a state. 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Chattanooga’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S. Chattanooga, located in Marion County, has a median property tax rate of 0.44%, which is significantly lower than the national median property tax rate of 1.02%. This means that homeowners in Chattanooga enjoy relatively lower property tax bills compared to the national average. The highest and lowest median tax rates in Chattanooga are both 0.44%, indicating a consistent tax rate within the city. This consistency can be advantageous for homeowners, providing predictability in their annual property tax expenses.

Property Tax Rates Across Chattanooga, Marion County, Tennessee

Source: Ownwell

0.44%

0.48%

0.51%

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 Chattanooga Tax Rate

0.44%

Median Effective Marion County Tax Rate

0.44%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chattanooga, Marion County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37405	0.44%	0.44%	0.44%	0.44%	0.44%
37419	0.44%	0.44%	0.44%	0.44%	0.44%

Source: Ownwell

Property Tax Assessment Values Across Chattanooga, Marion County, Tennessee

When examining property taxes in Chattanooga, TN, 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 Marion 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. Assessment notices: In Marion 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 Chattanooga. For example, the median home price in Chattanooga is $130,700, with tax bills ranging significantly across the county. 37419 has the highest median home price at $256,250.

Property Tax Assessment Values Across Chattanooga, Marion County, Tennessee

Source: Ownwell

$20,750

$138,500

$256,250

Median Chattanooga Market Value

$130,700

Median Marion County Market Value

$88,500

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chattanooga, Marion County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37405	$14,100	$29,900	$100,250	$183,800	$273,880
37419	$25,710	$81,275	$256,250	$637,775	$933,150

Source: Ownwell

Property Tax Bills Across Chattanooga, Marion County, Tennessee

In Chattanooga, located in Marion County, TN, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value. With a median home price of $130,700, the property tax bills can vary significantly. For instance, the 25th percentile tax bill is $187, while the 75th percentile reaches $1,189, and the 90th percentile climbs to $2,722. These figures highlight the variability in tax burdens across different properties. The highest median tax bill in the area is $1,128 in the 37419 zip code, compared to a lower median of $443 in the 37405 zip code. This variation can significantly impact homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell can assist homeowners by identifying potential savings through appealing property assessments and ensuring all eligible exemptions are applied, helping to reduce the financial burden of property taxes.

Property Tax Bills Across Chattanooga, Marion County, Tennessee

Source: Ownwell

$96

$612

$1,128

Median Chattanooga Tax Bill

$579

Median Marion County Tax Bill

$420

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Chattanooga, Marion County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37405	$61	$132	$443	$809	$1,206
37419	$113	$358	$1,128	$2,806	$4,107

Source: Ownwell