Jellico, Campbell County, Tennessee Property Taxes

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

Median Jellico, TN effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Jellico, TN home value: $50,400
Median annual Jellico, TN tax bill: $253, $2,147 lower than the national median property tax bill of $2,400.

How are property taxes in Campbell County calculated?

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

Last Updated March 1, 2025

Jellico, Campbell County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.51%

Estimate Property Tax Bill

$257

$239

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

Property Tax Rates Across Jellico, Campbell County, Tennessee

Local government entities set tax rates, which can vary widely within a state. This is because annually, 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. Below, you can compare Jellico’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.

Jellico, located in Campbell County, has a median property tax rate of 0.51%. Compared to the national median property tax rate of 1.02%, Jellico's rate is significantly lower. This can be attractive to homeowners looking for more affordable property tax bills. The median property tax bill in Jellico is also well below the national median of $2400. Whether you're considering buying property or evaluating your current tax situation, understanding these rates can be crucial for financial planning.

Property Tax Rates Across Jellico, Campbell County, Tennessee

Source: Ownwell

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 Jellico Tax Rate

0.51%

Median Effective Campbell County Tax Rate

0.51%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jellico, Campbell County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37762	0.51%	0.51%	0.51%	0.51%	0.51%

Source: Ownwell

Property Tax Assessment Values Across Jellico, Campbell County, Tennessee

When examining property taxes in Jellico, 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 Campbell 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 Campbell 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 Jellico. For example, the median home price in Jellico is $50,400, with tax bills ranging significantly across the county. 37762 has the highest median home price at $50,400.

Property Tax Assessment Values Across Jellico, Campbell County, Tennessee

Source: Ownwell

$29,800

$75,600

$121,400

Median Jellico Market Value

$50,400

Median Campbell County Market Value

$89,500

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jellico, Campbell County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37762	$15,300	$30,250	$50,400	$78,850	$122,200

Source: Ownwell

Property Tax Bills Across Jellico, Campbell County, Tennessee

In Jellico, located in Campbell County, TN, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $50,400, homeowners in Jellico experience a median property tax bill of $253, significantly lower than the national median of $2,400. This lower tax bill is reflective of the region's lower property values and tax rates compared to the national average. Factors such as changes in property values, local government budgets, and tax rate adjustments can influence the amount homeowners pay each year. Ownwell offers valuable services to help homeowners in Jellico potentially reduce their property tax bills. By providing expert guidance on appealing property assessments and identifying applicable exemptions, Ownwell assists homeowners in ensuring their tax bills are fair and accurate, offering a chance to save significantly on annual expenses.

Property Tax Bills Across Jellico, Campbell County, Tennessee

Source: Ownwell

$150

$387

$624

Median Jellico Tax Bill

$253

Median Campbell County Tax Bill

$481

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Jellico, Campbell County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37762	$77	$152	$253	$400	$622

Source: Ownwell