Bean Station, Grainger County, Tennessee Property Taxes
Property Taxes in Bean Station, Tennessee
Median Bean Station, Tennessee effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, and lower than the Tennessee state median of 0.54%.
Median Bean Station, Tennessee home value: $114,650
Median annual Bean Station, Tennessee tax bill: $654, lower than the national median property tax bill of $2,400.
How are property taxes in Grainger calculated?
Property taxes in Bean Station, 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 Bean Station's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bean Station, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bean Station, Grainger County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.59%
Estimate Property Tax Bill
$676
$628
How Does the Bean Station Property Tax Calculator Work?
Use this Bean Station property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bean Station's median effective tax rate of 0.59% — based on actual property records in Grainger 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 Bean Station'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 Bean Station: rates range from 0.59% in 37708 to 0.59% in 37708, 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 Bean Station.
About Bean Station Property Taxes
About Property Taxes in Bean Station, Grainger, Tennessee
Bean Station's median effective property tax rate of 0.59% is higher than the Tennessee state median of 0.54% and lower than the national median of 1.02%. This rate reflects the Grainger 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 Bean Station. Homeowners in the 37708 ZIP code carry a median effective rate of 0.59%, while those in the same ZIP pay 0.59%. This spread reflects how school district boundaries and local assessment districts are drawn across Grainger County. Understanding which part of Bean Station you live in can make a meaningful difference to your annual tax bill.
Bean Station homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
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 Bean Station, Grainger 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 Bean Station's effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.
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 Bean Station Tax Rate
0.59%
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 Grainger County Tax Rate
0.59%
Median Effective Tennessee Tax Rate
0.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bean Station, Grainger County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37708 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Bean Station, Grainger County, Tennessee
When examining property taxes in Bean Station, 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 Grainger 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 Grainger County, assessment notices are sent in May 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 Bean Station.
For example, the median home price in Bean Station is $114,650, with tax bills ranging significantly across the county. 37708 has the highest median home price at $114,650.
Property Tax Assessment Values Across Bean Station, Grainger County, Tennessee
Source: Ownwell
$106,750
$141,875
$177,000
Median Bean Station Market Value
$114,650
Median Grainger County Market Value
$123,100
Median Tennessee Market Value
$213,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bean Station, Grainger County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37708 | $25,330 | $61,350 | $114,650 | $183,300 | $274,700 |
Source: Ownwell
Property Tax Bills Across Bean Station, Grainger County, Tennessee
Property tax bills in Bean Station are calculated from the assessed value of a home and the local tax rate set for Grainger County. When a property’s market value changes, the assessed value can change too, which affects the final bill homeowners receive. The tax bill is determined by multiplying the assessed value by the applicable tax rate, so homes with higher values generally face higher taxes.
In Bean Station, the median home price is $114,650, and the median property tax bill is $654.00 in ZIP code 37708. That is well below the $2,400 national median property tax bill, which can make local taxes feel more manageable for many homeowners.
Still, tax bills can vary widely depending on the home’s value and how it is assessed. Bills at the 25th percentile are $342, while the 75th percentile is $1,058 and the 90th percentile is $1,548. For homeowners, that means property taxes can have a meaningful impact on annual housing costs, especially when assessments rise faster than expected.
Median Bean Station Tax Bill
$654
Median Grainger County Tax Bill
$664
Median Tennessee Tax Bill
$1,126
Median United States Tax Bill
$2,400
Property Tax Bills Across Bean Station, Grainger County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37708 | $147 | $342 | $654 | $1,058 | $1,548 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Grainger Tax Assessor | |
| Website | assessment.cot.tn.gov |