Pelham, Coffee County, Tennessee Property Taxes

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

Median Pelham, 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 Pelham, TN home value: $67,200
Median annual Pelham, TN tax bill: $392, $2,008 lower than the national median property tax bill of $2,400.

How are property taxes in Coffee County calculated?

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

Last Updated March 1, 2025

Pelham, Coffee 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

$390

$362

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

Property Tax Rates Across Pelham, Coffee County, Tennessee

Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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. Pelham in Coffee County, TN, has an effective property tax rate that is notably lower than the national median rate of 1.02%. The median property tax rate in Tennessee is also lower than the national average, providing residents with a more affordable tax burden. This comparison highlights the significant variation in property tax rates not just across the country, but within states as well. Understanding these differences can be crucial for property owners when assessing their tax obligations and potential savings through appeals or exemptions.

Property Tax Rates Across Pelham, Coffee County, Tennessee

Source: Ownwell

0.58%

0.79%

1.00%

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 Pelham Tax Rate

0.58%

Median Effective Coffee County Tax Rate

0.59%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pelham, Coffee County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37366	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Pelham, Coffee County, Tennessee

When examining property taxes in Pelham, 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 Coffee 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 Coffee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Pelham.

For example, the median home price in Pelham is $67,200, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Pelham, Coffee County, Tennessee

Source: Ownwell

$1,600

$68,850

$136,100

Median Pelham Market Value

$67,200

Median Coffee County Market Value

$105,900

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pelham, Coffee County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37366	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Pelham, Coffee County, Tennessee

In Pelham, TN, property tax bills are calculated by multiplying the assessed value of the property by the local tax rate. The assessed value is determined by evaluating the property's market value and applying an assessment ratio. Pelham's property tax rate is relatively low compared to the national median, offering homeowners an affordable tax bill. With a median home price of $67,200, the tax bill for most homeowners falls around $392, significantly lower than the national median property tax bill of $2,400. Factors such as property improvements or changes in market conditions can influence the assessed value, impacting the overall tax bill. For homeowners looking to reduce their property tax burden, Ownwell provides expert property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners challenge and potentially lower their tax bills. This service ensures that homeowners are not overpaying and are only charged based on an accurate assessment of their property's value.

Property Tax Bills Across Pelham, Coffee County, Tennessee

Source: Ownwell

$612

$1,215

Median Pelham Tax Bill

$392

Median Coffee County Tax Bill

$805

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Pelham, Coffee County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37366	N/A	N/A	N/A	N/A	N/A

Source: Ownwell