Georgetown, Bradley County, Tennessee Property Taxes

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

Median Georgetown, TN effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Georgetown, TN home value: $140,200
Median annual Georgetown, TN tax bill: $627, $1,773 lower than the national median property tax bill of $2,400.

How are property taxes in Bradley calculated?

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

Last Updated March 1, 2025

Georgetown, Bradley County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.45%

Estimate Property Tax Bill

$631

$585

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

Property Tax Rates Across Georgetown, Bradley County, Tennessee

Local government entities in Tennessee determine tax rates, which can vary significantly across the state. This variation occurs because each county annually calculates its required budget to fund services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While setting these rates and budgets involves votes and laws, this is essentially the annual process.

In Georgetown, located in Bradley County, the effective property tax rate is 0.45%. This rate is reflective of the county’s fiscal requirements and property values, and it aligns with the highest and lowest median tax rates in the area. When compared to the national median property tax rate of 1.02%, Georgetown's rate is considerably lower, offering residents a more affordable property tax environment.

Understanding these rates can provide valuable insights for property owners and potential buyers in Georgetown. By comparing Georgetown's effective property tax rate to other cities within Tennessee and the national median, individuals can make informed decisions about property investments and financial planning.

Property Tax Rates Across Georgetown, Bradley County, Tennessee

Source: Ownwell

0.44%

0.62%

0.79%

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 Georgetown Tax Rate

0.45%

Median Effective Bradley County Tax Rate

0.45%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Georgetown, Bradley County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37336	0.44%	0.44%	0.45%	0.45%	0.45%

Source: Ownwell

Property Tax Assessment Values Across Georgetown, Bradley County, Tennessee

When examining property taxes in Georgetown, 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 Bradley 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 Bradley 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 Georgetown. For example, the median home price in Georgetown is $140,200, with tax bills ranging significantly across the county. The zip code 37336 has the highest median home price at $140,200.

Property Tax Assessment Values Across Georgetown, Bradley County, Tennessee

Source: Ownwell

$74,500

$138,300

$202,100

Median Georgetown Market Value

$140,200

Median Bradley County Market Value

$153,100

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Georgetown, Bradley County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37336	$11,260	$36,000	$140,200	$244,500	$362,160

Source: Ownwell

Property Tax Bills Across Georgetown, Bradley County, Tennessee

In Georgetown, located in Bradley County, TN, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value typically represents a percentage of the property's market value. Homeowners in Georgetown face a median property tax bill of $627, significantly lower than the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $162 and the 90th percentile reaching $1,625, depending on the property's assessed value and applicable tax rates. These variations can significantly impact homeowners, especially those with properties assessed at higher values.

Ownwell can assist homeowners in Georgetown by providing expert property tax appeal and exemption services. By reviewing and analyzing the assessed value of a property, Ownwell helps identify discrepancies and opportunities for tax reductions. Our team offers personalized guidance and support throughout the appeal process, ensuring homeowners pay only their fair share. This can lead to substantial savings, making property ownership more affordable and manageable.

Property Tax Bills Across Georgetown, Bradley County, Tennessee

Source: Ownwell

$334

$823

$1,312

Median Georgetown Tax Bill

$627

Median Bradley County Tax Bill

$797

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Georgetown, Bradley County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37336	$50	$162	$627	$1,098	$1,625

Source: Ownwell