Rocky Top, Anderson County, Tennessee Property Taxes

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

Median Rocky Top, TN effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Rocky Top, TN home value: $82,800
Median annual Rocky Top, TN tax bill: $664, $1,736 lower than the national median property tax bill of $2,400.

How are property taxes in Anderson County calculated?

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

Last Updated March 1, 2025

Rocky Top, Anderson County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$546

$507

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

Property Tax Rates Across Rocky Top, Anderson County, Tennessee

Local government entities set tax rates, which can vary widely within a state. Each county 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.

Rocky Top in Anderson County, Tennessee, presents an interesting case in property taxation. The effective property tax rate here stands at 0.66%, which is significantly lower than the national median of 1.02%. This lower rate can offer substantial savings to property owners compared to the national average. Furthermore, the median property tax bill in Rocky Top is likely more affordable than the national median bill of $2,400. This makes Rocky Top an attractive location for those looking to minimize their property tax burden.

Comparing Rocky Top’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S., it becomes evident that Rocky Top offers a favorable tax environment.

Property Tax Rates Across Rocky Top, Anderson County, Tennessee

Source: Ownwell

0.66%

0.92%

1.19%

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 Rocky Top Tax Rate

0.66%

Median Effective Anderson County Tax Rate

0.87%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Rocky Top, Anderson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37769	0.66%	0.66%	0.66%	1.05%	1.16%

Source: Ownwell

Property Tax Assessment Values Across Rocky Top, Anderson County, Tennessee

When examining property taxes in Rocky Top, 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 Anderson 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 Anderson 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 Rocky Top. For example, the median home price in Rocky Top is $82,800, with tax bills ranging significantly across the county. ZIP code 37769 has the highest median home price at $82,800.

Property Tax Assessment Values Across Rocky Top, Anderson County, Tennessee

Source: Ownwell

$44,500

$116,750

$189,000

Median Rocky Top Market Value

$82,800

Median Anderson County Market Value

$128,500

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Rocky Top, Anderson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37769	$23,300	$48,700	$82,800	$136,550	$197,960

Source: Ownwell

Property Tax Bills Across Rocky Top, Anderson County, Tennessee

In Rocky Top, TN, the property tax bill is calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Rocky Top is $82,800, and the property tax rate in Anderson County influences the final bill. Homeowners in Rocky Top pay a median property tax bill of $664, which is significantly lower than the national median property tax bill of $2,400. Factors like property size, location, and improvements can affect the assessed value, and subsequently, the tax bill. For homeowners, this means the tax bill can vary widely, with the 25th percentile paying around $352 and the 90th percentile paying up to $1,456. Ownwell can assist homeowners in Rocky Top by helping to ensure their property is assessed fairly and seeking exemptions or appeals if necessary. By leveraging expertise in property tax law and local market conditions, Ownwell aims to reduce the financial burden of property taxes, potentially saving homeowners hundreds of dollars annually.

Property Tax Bills Across Rocky Top, Anderson County, Tennessee

Source: Ownwell

$286

$1,113

$1,940

Median Rocky Top Tax Bill

$664

Median Anderson County Tax Bill

$1,127

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Rocky Top, Anderson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37769	$168	$352	$664	$1,025	$1,456

Source: Ownwell