Kodak, Hamblen County, Tennessee Property Taxes

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

Median Kodak, 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 Kodak, TN home value: $38,150. Median annual Kodak, TN tax bill: $301, $2,099 lower than the national median property tax bill of $2,400. How are property taxes in Hamblen County calculated? Property taxes in Kodak, 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 Kodak’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kodak, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Kodak, Hamblen County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.44%

Estimate Property Tax Bill

$168

$156

Ownwell’s Kodak Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kodak with just two data points.

By entering your property's estimated assessed value, our calculator applies Kodak’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 Hamblen County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Kodak, Hamblen County, Tennessee

Local government entities set tax rates, which can vary significantly within a state. This variance occurs because each county, including Hamblen County where Kodak is located, estimates its required budget annually to provide essential services. This budget is then divided by the total value of all taxable property within the jurisdiction, resulting in the property tax rate. While this process involves votes and laws to set tax rates and budgets, it essentially boils down to this calculation each year.

In Kodak, the effective property tax rate provides an interesting comparison to other cities in Tennessee and the national landscape. Tennessee's median property tax rate is notably lower than the national median of 1.02%, making it an attractive option for property owners seeking lower tax burdens. Understanding these differences can help property owners make informed decisions about their investments and financial planning. Comparing Kodak's property tax rate with other cities in Tennessee and the national median offers valuable insights into local and broader property tax trends.

Property Tax Rates Across Kodak, 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 Kodak Tax Rate

0.44%

Median Effective Hamblen County Tax Rate

0.49%

Median Effective Tennessee Tax Rate

0.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kodak, Hamblen County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37764	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Kodak, Hamblen County, Tennessee

When examining property taxes in Kodak, 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 Hamblen 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 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 Kodak.

For example, the median home price in Kodak is $38,150, with tax bills ranging significantly across the county. 37764 has the highest median home price at $38,150.

Property Tax Assessment Values Across Kodak, Hamblen County, Tennessee

Source: Ownwell

$68,950

$100,250

$131,550

Median Kodak Market Value

$38,150

Median Hamblen County Market Value

$107,800

Median Tennessee Market Value

$213,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kodak, Hamblen County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37764	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Kodak, Hamblen County, Tennessee

In Kodak, located in Hamblen County, 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 market value of the home. In this region, the median home price stands at $38,150. Property tax bills can vary significantly, with the 25th percentile at $256 and the 75th percentile at $346. These figures indicate that many homeowners in Kodak pay less than the national median property tax bill of $2,400. Despite the relatively lower tax bills, the process can still impact homeowners, especially if property values increase or tax rates change. This is where Ownwell steps in to assist homeowners by providing expert property tax appeal and exemption services. By evaluating a property's assessed value and market conditions, Ownwell helps ensure that homeowners are not overpaying on their property taxes, potentially leading to significant savings. With Ownwell's expertise, homeowners can navigate the complexities of property taxes with confidence.

Property Tax Bills Across Kodak, Hamblen County, Tennessee

Source: Ownwell

$309

$478

$647

Median Kodak Tax Bill

$168

Median Hamblen County Tax Bill

$509

Median Tennessee Tax Bill

$1,126

Median United States Tax Bill

$2,400

Property Tax Bills Across Kodak, Hamblen County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37764	N/A	N/A	N/A	N/A	N/A

Source: Ownwell