Eads, Fayette County, Tennessee Property Taxes

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

Median Eads, TN effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Eads, TN home value: $301,300
Median annual Eads, TN tax bill: $981, $1,419 lower than the national median property tax bill of $2,400.

How are property taxes in Fayette County calculated?

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

Last Updated March 1, 2025

Eads, Fayette County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.32%

Estimate Property Tax Bill

$964

$895

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

Property Tax Rates Across Eads, Fayette County, Tennessee

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services annually 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.

In Eads, located in Fayette County, Tennessee, the effective property tax rate is notably lower than the national median. This highlights the diverse landscape of property taxation across the United States. Comparing Eads to other cities in Tennessee, residents benefit from a lower tax burden, which can be an attractive point for property owners seeking affordability. The median property tax rate in Tennessee is significantly lower than the national average, making it a favorable state for property investment. Understanding these variations can help property owners and potential buyers make informed decisions about where to live or invest.

Property Tax Rates Across Eads, Fayette County, Tennessee

Source: Ownwell

0.32%

0.48%

0.63%

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 Eads Tax Rate

0.32%

Median Effective Fayette County Tax Rate

0.32%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Eads, Fayette County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38028	0.32%	0.32%	0.32%	0.32%	0.32%

Source: Ownwell

Property Tax Assessment Values Across Eads, Fayette County, Tennessee

When examining property taxes in Eads, 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 Fayette 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 Fayette 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 Eads. For example, the median home price in Eads is $301,300, with tax bills ranging significantly across the county. Zip code 38028 has the highest median home price at $301,300.

Property Tax Assessment Values Across Eads, Fayette County, Tennessee

Source: Ownwell

$51,800

$247,625

$443,450

Median Eads Market Value

$301,300

Median Fayette County Market Value

$164,200

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Eads, Fayette County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38028	$53,500	$124,550	$301,300	$447,600	$608,600

Source: Ownwell

Property Tax Bills Across Eads, Fayette County, Tennessee

In Eads, Tennessee, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value. Homeowners in Eads face a median property tax bill of $981, significantly lower than the national median of $2,400. This lower tax bill can be attributed to the area's tax rate and assessed property values. However, property tax bills can vary, with some homeowners paying as low as $403 and others as high as $1,981, depending on the property's assessed value and specific circumstances.

Homeowners may feel the impact of these bills on their finances, especially if they believe their property has been overassessed. This is where Ownwell can make a difference. By offering professional property tax appeal services, Ownwell helps homeowners potentially reduce their tax bills. Our team evaluates the assessed value of your property, identifies discrepancies, and works to ensure you're not paying more than your fair share. Trust Ownwell to help you save on your property taxes.

Property Tax Bills Across Eads, Fayette County, Tennessee

Source: Ownwell

$168

$936

$1,704

Median Eads Tax Bill

$981

Median Fayette County Tax Bill

$616

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Eads, Fayette County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38028	$176	$403	$981	$1,449	$1,981

Source: Ownwell