Greenback, Blount County, Tennessee Property Taxes
Median Greenback, TN effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but slightly lower than the Tennessee state median of 0.64%. Median Greenback, TN home value: $181,500. Median annual Greenback, TN tax bill: $1,121, $1,279 lower than the national median property tax bill of $2,400.
How are property taxes in Blount County calculated?
Property taxes in Greenback, 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 Greenback’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Greenback, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Greenback, Blount County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$1,306
$1,212
Property Tax Rates Across Greenback, Blount County, Tennessee
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 Greenback Tax Rate
0.40%
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
0.40%
Median Effective Tennessee Tax Rate
0.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Greenback, Blount County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37742 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
Source: Ownwell
Property Tax Assessment Values Across Greenback, Blount County, Tennessee
When examining property taxes in Greenback, 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.
Assessment notices: 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 Greenback.
For example, the median home price in Greenback is $181,500, with tax bills ranging significantly across the county. Zip code 37742 has the highest median home price at $181,500.
Property Tax Assessment Values Across Greenback, Blount County, Tennessee
Source: Ownwell
$137,200
$239,700
$342,200
Median Greenback Market Value
$326,600
Median Blount County Market Value
$294,800
Median Tennessee Market Value
$213,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Greenback, Blount County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37742 | $86,660 | $191,000 | $326,600 | $438,900 | $571,520 |
Source: Ownwell
Property Tax Bills Across Greenback, Blount County, Tennessee
In Greenback, located in Blount County, Tennessee, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor's office and is a percentage of the property's market value. Homeowners in Greenback face a median property tax bill of $1,121, which is significantly lower than the national median of $2,400. Factors influencing the tax bill include the property's location, size, and any improvements made. This relatively low tax burden can be a financial relief for homeowners, but it also means that any increase in assessed value can have a noticeable impact on annual expenses.
Ownwell offers valuable assistance to homeowners in Greenback by providing property tax appeal services. By reviewing assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying on their property taxes. This service can lead to substantial savings, allowing homeowners to allocate their resources more effectively. With Ownwell's expertise, homeowners can confidently navigate the complexities of property tax assessments and potentially reduce their tax liabilities.
Median Greenback Tax Bill
$1,266
Median Blount County Tax Bill
$1,135
Median Tennessee Tax Bill
$1,126
Median United States Tax Bill
$2,400
Property Tax Bills Across Greenback, Blount County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37742 | $344 | $753 | $1,266 | $1,686 | $2,142 |
Source: Ownwell