Lafollette, Campbell County, Tennessee Property Taxes

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

Median LAFOLLETTE, TN effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median LAFOLLETTE, TN home value: $113,350
Median annual LAFOLLETTE, TN tax bill: $588, $1,812 lower than the national median property tax bill of $2,400.

How are property taxes in Campbell calculated?

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

Last Updated March 1, 2025

Lafollette, Campbell County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.82%

Estimate Property Tax Bill

$929

$863

Ownwell’s LaFollette Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in LaFollette with just two data points. By entering your property's estimated assessed value, our calculator applies LaFollette’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 Lafollette, Campbell County, Tennessee

Local government entities set tax rates, which can vary widely within Tennessee. Each year, Campbell County estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. The process involves votes and laws, but this is the annual method in a nutshell.

Lafollette in Campbell County has an effective property tax rate that homeowners should be aware of when comparing it to other cities in Tennessee. Tennessee's median property tax rate is 0.82%, which is below the national median of 1.02%. This means that property owners in Lafollette might enjoy lower property tax bills compared to many other areas in the United States. The median property tax bill in Tennessee also tends to be more affordable than the national median of $2,400. Understanding these rates is crucial for homeowners looking to manage their property expenses effectively. By considering these factors, property owners can make informed decisions and potentially benefit from appealing their property tax assessments or seeking exemptions.

Property Tax Rates Across Lafollette, 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 Lafollette Tax Rate

0.82%

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 Lafollette, Campbell County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37766	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lafollette, Campbell County, Tennessee

When examining property taxes in LaFollette, Tennessee, 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.

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 LaFollette.

For example, the median home price in LaFollette is $113,350, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Lafollette, Campbell County, Tennessee

Source: Ownwell

$29,800

$75,600

$121,400

Median Lafollette Market Value

$113,350

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 Lafollette, Campbell County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37766	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lafollette, Campbell County, Tennessee

In LaFollette, Campbell County, TN, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $113,350, homeowners in LaFollette can expect to pay a property tax bill that varies depending on multiple factors. The tax bill at the 25th percentile is approximately $485, while at the 75th percentile, it rises to about $749, and at the 90th percentile, it reaches around $846. Compared to the national median property tax bill of $2,400, homeowners in LaFollette enjoy relatively lower property taxes. However, these taxes can still be a significant expense for many. Factors such as property location, home improvements, and changes in market value can influence the final tax bill. Ownwell offers property tax appeal and exemption services to help homeowners potentially reduce their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in LaFollette in saving money on their property tax bills.

Property Tax Bills Across Lafollette, Campbell County, Tennessee

Source: Ownwell

$150

$387

$624

Median Lafollette Tax Bill

$588

Median Campbell County Tax Bill

$481

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Lafollette, Campbell County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37766	N/A	N/A	N/A	N/A	N/A

Source: Ownwell