Parrottsville, Cocke County, Tennessee Property Taxes

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Property Taxes in Parrottsville, Tennessee

Median Parrottsville, Tennessee effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, and lower than the Tennessee state median of 0.54%.
Median Parrottsville, Tennessee home value: $123,800
Median annual Parrottsville, Tennessee tax bill: $750, lower than the national median property tax bill of $2,400.

How are property taxes in Cocke calculated?

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

Last Updated April 13, 2026

Parrottsville, Cocke County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.64%

Estimate Property Tax Bill

$792

$735

How Does the Parrottsville Property Tax Calculator Work?

Use this Parrottsville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Parrottsville's median effective tax rate of 0.64% — based on actual property records in Cocke County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Parrottsville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Parrottsville: rates are 0.64% in 37843, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Parrottsville.

About Parrottsville Property Taxes

About Property Taxes in Parrottsville, Cocke, Tennessee

Parrottsville's median effective property tax rate of 0.64% is higher than the Tennessee state median of 0.54% and lower than the national median of 1.02%. This rate reflects the Cocke County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.

Property tax rates are not uniform across Parrottsville. Homeowners in ZIP code 37843 carry a median effective rate of 0.64%, while those in 37843 pay 0.64%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Cocke County. Understanding which part of Parrottsville you live in can make a meaningful difference to your annual tax bill.

Parrottsville homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before May 31, 2026.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Parrottsville, Cocke County, Tennessee

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? 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 Parrottsville's effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.

Property Tax Rates Across Parrottsville, Cocke County, Tennessee

Source: Ownwell

0.64%

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 Parrottsville Tax Rate

0.64%

Median Effective Cocke County Tax Rate

0.64%

Median Effective Tennessee Tax Rate

0.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Parrottsville, Cocke County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37843	0.43%	0.64%	0.64%	0.64%	0.64%

Source: Ownwell

Property Tax Assessment Values Across Parrottsville, Cocke County, Tennessee

When examining property taxes in Parrottsville, 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 Cocke 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 Cocke County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.

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. For Parrottsville, the median home price is $123,800, with a median tax bill of $750. That compares with the national median property tax rate of 1.02% and the national median property tax bill of $2,400.

Property Tax Assessment Values Across Parrottsville, Cocke County, Tennessee

Source: Ownwell

$90,800

$117,950

$145,100

Median Parrottsville Market Value

$123,800

Median Cocke County Market Value

$97,600

Median Tennessee Market Value

$213,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Parrottsville, Cocke County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37843	$33,070	$65,950	$123,800	$195,775	$300,060

Source: Ownwell

Property Tax Bills Across Parrottsville, Cocke County, Tennessee

Property tax bills in Parrottsville are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value. The assessed value is the starting point for determining how much a homeowner owes each year, and it can change when home values rise or when a property is reassessed.

Several factors affect the final bill, including the home’s location, size, condition, and any local tax rates set by the county and other taxing authorities. For a home with a median home price of $123,800, the bill can vary widely depending on how the property is assessed.

In Cocke County, property tax bills are relatively modest compared with the national median property tax bill of $2,400. In Parrottsville, the 25th percentile tax bill is $417 and the 75th percentile tax bill is $1,088, which shows how much bills can differ from one homeowner to another. These differences can have a meaningful impact on monthly housing costs and overall affordability.

Property Tax Bills Across Parrottsville, Cocke County, Tennessee

Source: Ownwell

$556

$710

$863

Median Parrottsville Tax Bill

$750

Median Cocke County Tax Bill

$664

Median Tennessee Tax Bill

$1,126

Median United States Tax Bill

$2,400

Property Tax Bills Across Parrottsville, Cocke County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37843	$212	$417	$750	$1,088	$1,568

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 31

Links
Cocke Tax Assessor
Website	assessment.cot.tn.gov

Frequently Asked Property Tax Questions in Parrottsville, Tennessee

How are property taxes calculated in Parrottsville, Tennessee?

Property taxes in Parrottsville, Tennessee are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Parrottsville, Tennessee?

To appeal your property taxes in Parrottsville, Tennessee, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Parrottsville, Tennessee?

Common property tax exemptions in Parrottsville, Tennessee include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Parrottsville, Tennessee?

Property tax deadlines in Parrottsville, Tennessee vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Parrottsville, Tennessee?

Ownwell provides professional property tax appeal services in Parrottsville, Tennessee. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.