Jackson, Hamblen County, Tennessee Property Taxes

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

Median Jackson, TN effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Jackson, TN home value: $15,600
Median annual Jackson, TN tax bill: $123, $2,277 lower than the national median property tax bill of $2,400.

How are property taxes in Hamblen calculated?

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

Last Updated March 1, 2025

Jackson, Hamblen County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$123

$114

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

Property Tax Rates Across Jackson, Hamblen County, Tennessee

Local government entities are responsible for setting tax rates, leading to significant variations within Tennessee. Each year, counties like Madison estimate their necessary budgets for public services and divide this by the total assessed value of all taxable properties within their borders. This calculation determines the property tax rate. While votes and legal frameworks play a role in establishing these rates and budgets, this simplified explanation captures the essence of the annual process.

In Jackson, located in Madison County, the effective property tax rate provides an interesting comparison to other cities across Tennessee and the nation. With Tennessee's median property tax rate at 0.64%, Jackson's rate is notably higher, yet it remains below the national median of 1.02%. This positions Jackson as a relatively affordable option within the state for property owners, even though the property tax bill may vary depending on the property's assessed value. Understanding these nuances can help property owners make informed decisions about their investments and potential savings through tax appeals or exemptions.

Property Tax Rates Across Jackson, Hamblen County, Tennessee

Source: Ownwell

0.49%

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 Jackson Tax Rate

0.79%

Median Effective Hamblen County Tax Rate

0.49%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jackson, Hamblen County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38305	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Jackson, Hamblen County, Tennessee

When examining property taxes in Jackson, 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 Hamblen County Assessor 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 Hamblen 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 Jackson. For example, the median home price in Jackson is $15,600, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Jackson, Hamblen County, Tennessee

Source: Ownwell

$28,000

$79,100

$130,200

Median Jackson Market Value

$15,600

Median Hamblen County Market Value

$105,800

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jackson, Hamblen County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38305	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Jackson, Hamblen County, Tennessee

In Jackson, TN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, and in Tennessee, properties are assessed at 25% of their market value. With a median home price of $15,600 in Jackson, the property tax bill can vary. For example, homeowners in the 25th percentile pay around $122, while those in the 75th percentile pay approximately $124. These figures are notably lower than the national median property tax bill of $2,400. However, even with lower tax bills, it's crucial for homeowners to ensure their property is assessed accurately to avoid overpaying. This is where Ownwell can assist. By offering property tax appeal and exemption services, Ownwell helps homeowners in Jackson ensure their tax bills are fair and accurate. By identifying discrepancies and advocating for adjustments, Ownwell can help reduce the financial burden of property taxes, providing significant savings for homeowners.

Property Tax Bills Across Jackson, Hamblen County, Tennessee

Source: Ownwell

$158

$424

$689

Median Jackson Tax Bill

$123

Median Hamblen County Tax Bill

$619

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Jackson, Hamblen County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38305	N/A	N/A	N/A	N/A	N/A

Source: Ownwell