Mountain City, Carter County, Tennessee Property Taxes

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

Median Mountain City, 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 Mountain City, TN home value: $69,500
Median annual Mountain City, TN tax bill: $353, $2,047 lower than the national median property tax bill of $2,400.

How are property taxes in Carter County calculated?

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

Last Updated March 1, 2025

Mountain City, Carter 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

$354

$329

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

Property Tax Rates Across Mountain City, Carter County, Tennessee

Local government entities set tax rates, which can vary widely within Tennessee. This variation occurs because each county annually estimates its budgetary needs for services and divides that by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play roles in setting these rates and budgets, this is essentially the annual process.

In Mountain City, located in Carter County, the effective property tax rate is notably lower than both the state and national medians. With Tennessee's median property tax rate considerably below the national median of 1.02%, residents of Mountain City enjoy a more favorable tax environment. This lower tax burden can be particularly appealing for property owners seeking to minimize expenses. Understanding these rates can provide valuable insights for homeowners and potential buyers when considering property investments in the area. By comparing Mountain City’s effective property tax rate to other cities within Tennessee and the broader U.S., residents and investors can make informed decisions about property ownership and investment opportunities in the region.

Property Tax Rates Across Mountain City, Carter 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 Mountain City Tax Rate

0.51%

Median Effective Carter County Tax Rate

0.51%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mountain City, Carter County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37683	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mountain City, Carter County, Tennessee

When examining property taxes in Mountain City, 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 Carter 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 Carter 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 Mountain City.

For example, the median home price in Mountain City is $69,500, with tax bills consistently at $353, which is significantly lower than the national median property tax bill of $2,400.

Property Tax Assessment Values Across Mountain City, Carter County, Tennessee

Source: Ownwell

$12,950

$84,575

$156,200

Median Mountain City Market Value

$69,500

Median Carter County Market Value

$94,100

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mountain City, Carter County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37683	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mountain City, Carter County, Tennessee

In Mountain City, located in Carter County, TN, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The property tax rate in this region is lower than the national median of 1.02%, making it an attractive area for homeowners. With a median home price of $69,500, the typical tax bill is approximately $353, significantly lower than the national median property tax bill of $2,400. This affordability is a relief for homeowners, but there are still opportunities to save even more. Factors such as changes in market value, property improvements, and local tax rates can influence your tax bill. Ownwell can assist homeowners in Mountain City by reviewing property assessments to identify potential savings, filing appeals, and securing exemptions. By leveraging expert knowledge and experience, Ownwell helps homeowners potentially lower their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Mountain City, Carter County, Tennessee

Source: Ownwell

$66

$430

$793

Median Mountain City Tax Bill

$353

Median Carter County Tax Bill

$529

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Mountain City, Carter County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37683	N/A	N/A	N/A	N/A	N/A

Source: Ownwell