Friendsville, Blount County, Tennessee Property Taxes
Median Friendsville, TN effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Friendsville, TN home value: $164,600
Median annual Friendsville, TN tax bill: $1,021, $1,379 lower than the national median property tax bill of $2,400.
How are property taxes in Blount County calculated?
Property taxes in Friendsville, 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 Friendsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Friendsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Friendsville, Blount County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$1,021
$947
Property Tax Rates Across Friendsville, Blount County, Tennessee
Local government entities are responsible for setting tax rates, which can vary widely within Tennessee. Annually, each county calculates 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. Although votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
For instance, Friendsville in Blount County, Tennessee, has an effective property tax rate that can be compared to other cities in the state and the median property tax rates in Tennessee and the U.S. The median property tax rate in Tennessee is 0.62%, which is significantly lower than the national median of 1.02%. This places Friendsville and its surrounding areas among the more affordable regions for property taxes in the country. With such a favorable tax rate, property owners in Friendsville can enjoy reduced financial burdens compared to many other areas in the U.S.
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 Friendsville Tax Rate
0.62%
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 Blount County Tax Rate
0.62%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Friendsville, Blount County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37737 | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Friendsville, Blount County, Tennessee
When examining property taxes in Friendsville, 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 Blount 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 Blount 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 Friendsville. For example, the median home price in Friendsville is $164,600, with tax bills ranging significantly across the county. 37737 has the highest median home price at $164,600.
Property Tax Assessment Values Across Friendsville, Blount County, Tennessee
Source: Ownwell
$72,950
$130,225
$187,500
Median Friendsville Market Value
$164,600
Median Blount County Market Value
$163,800
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Friendsville, Blount County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37737 | $51,140 | $97,575 | $164,600 | $250,500 | $370,980 |
Source: Ownwell
Property Tax Bills Across Friendsville, Blount County, Tennessee
Median Friendsville Tax Bill
$1,021
Median Blount County Tax Bill
$1,142
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Friendsville, Blount County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37737 | $313 | $602 | $1,021 | $1,550 | $2,285 |
Source: Ownwell