Tazewell, Claiborne County, Tennessee Property Taxes

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

Median Tazewell, TN effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%. Median Tazewell, TN home value: $112,400. Median annual Tazewell, TN tax bill: $661, $1,739 lower than the national median property tax bill of $2,400.

How are property taxes in Claiborne calculated?

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

Last Updated March 1, 2025

Tazewell, Claiborne County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.58%

Estimate Property Tax Bill

$652

$605

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

Property Tax Rates Across Tazewell, Claiborne County, Tennessee

Local government entities set tax rates, which can vary widely within a state. 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 Tazewell’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.

Tazewell, located in Claiborne County, has a property tax rate that stands out when compared to both state and national figures. The median property tax rate in Tennessee is notably lower than the national median, offering a more affordable option for property owners. This can be particularly appealing for those looking to invest or settle in areas with lower property taxes. It's important for property owners in Tazewell to understand how these rates are determined and how they compare to other regions. Engaging in property tax appeals or seeking exemptions can further enhance the financial benefits of owning property in this area.

Property Tax Rates Across Tazewell, Claiborne County, Tennessee

Source: Ownwell

0.58%

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 Tazewell Tax Rate

0.58%

Median Effective Claiborne County Tax Rate

0.58%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tazewell, Claiborne County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37879	0.57%	0.57%	0.58%	0.58%	0.58%

Source: Ownwell

Property Tax Assessment Values Across Tazewell, Claiborne County, Tennessee

When examining property taxes in Tazewell, 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 Claiborne County Assessor's Office 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 Claiborne 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 Tazewell. For example, the median home price in Tazewell is $112,400, with tax bills ranging significantly across the county. 37879 has the highest median home price at $112,400.

Property Tax Assessment Values Across Tazewell, Claiborne County, Tennessee

Source: Ownwell

$30,600

$84,150

$137,700

Median Tazewell Market Value

$112,400

Median Claiborne County Market Value

$114,300

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tazewell, Claiborne County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37879	$25,100	$63,700	$112,400	$164,300	$239,240

Source: Ownwell

Property Tax Bills Across Tazewell, Claiborne County, Tennessee

In Tazewell, located in Claiborne 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 tax bill. Factors such as the property's location, size, and improvements can influence its assessed value. Homeowners in Tazewell face a median property tax bill of $661, which is significantly lower than the national median of $2400. However, the tax bill can range widely, with the 25th percentile at $384 and the 90th percentile reaching $1415. This variation highlights the importance of ensuring your property is fairly assessed. Ownwell assists homeowners by reviewing their property assessments and identifying potential savings. By filing appeals and exemptions on behalf of homeowners, Ownwell can help reduce property tax bills, ensuring homeowners pay only their fair share. This service can be especially beneficial in areas like Tazewell, where tax bills can vary significantly.

Property Tax Bills Across Tazewell, Claiborne County, Tennessee

Source: Ownwell

$180

$491

$802

Median Tazewell Tax Bill

$661

Median Claiborne County Tax Bill

$680

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Tazewell, Claiborne County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37879	$159	$384	$661	$964	$1,415

Source: Ownwell