Russellville, Hamblen County, Tennessee Property Taxes
Median Russellville, TN effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Russellville, TN home value: $115,800
Median annual Russellville, TN tax bill: $578, $1,822 lower than the national median property tax bill of $2,400.
How are property taxes in Hamblen calculated?
Property taxes in Russellville, 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 Russellville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Russellville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Russellville, Hamblen County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.49%
Estimate Property Tax Bill
$567
$527
Property Tax Rates Across Russellville, Hamblen County, Tennessee
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 Russellville Tax Rate
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 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 Russellville, Hamblen County, Tennessee
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
37860 | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Russellville, Hamblen County, Tennessee
Property Tax Assessment Values Across Russellville, Hamblen County, Tennessee
Source: Ownwell

$28,000
$79,100
$130,200
Median Russellville Market Value
$115,800
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 Russellville, Hamblen County, Tennessee
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
37860 | $21,800 | $50,800 | $115,800 | $159,000 | $211,900 |
Source: Ownwell
Property Tax Bills Across Russellville, Hamblen County, Tennessee
In Russellville, located in Hamblen County, TN, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property improvements and neighborhood developments can influence this assessed value. Homeowners in Russellville face a median property tax bill of $578, significantly lower than the national median of $2,400. While this is relatively affordable, some property owners may still feel the financial strain, especially those in the 90th percentile with tax bills up to $1,048.
Ownwell offers a solution by assisting homeowners in appealing their property tax assessments, potentially leading to reduced tax bills. By leveraging local expertise and understanding the nuances of property tax laws, Ownwell can identify discrepancies in assessments and advocate for a fairer valuation. This service not only helps in immediate savings but also provides long-term financial relief for property owners.
Median Russellville Tax Bill
$578
Median Hamblen County Tax Bill
$619
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Russellville, Hamblen County, Tennessee
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
37860 | $108 | $250 | $578 | $785 | $1,048 |
Source: Ownwell