Chattanooga, Hamilton County, Tennessee Property Taxes

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

Median Chattanooga, TN effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Chattanooga, TN home value: $166,300
Median annual Chattanooga, TN tax bill: $1,083, $1,317 lower than the national median property tax bill of $2,400.

How are property taxes in Hamilton County calculated?

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

Last Updated March 1, 2025

Chattanooga, Hamilton County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.56%

Estimate Property Tax Bill

$948

$879

Ownwell’s Chattanooga Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chattanooga with just two data points. By entering your property's estimated assessed value, our calculator applies Chattanooga’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Hamilton 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 Hamilton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chattanooga, Hamilton County, Tennessee

Local government entities determine property tax rates, which can vary greatly within Tennessee. Each year, Hamilton County calculates its necessary budget to deliver services and divides this by the total value of all taxable property within its boundaries, resulting in the property tax rate. Although votes and laws influence the setting of tax rates and budgets, this is the annual process in a nutshell. Chattanooga's effective property tax rate is a significant point of interest for property owners. The city has a median property tax rate of 0.56%, which is notably below the national median of 1.02%. This low rate can be particularly appealing for potential homeowners or investors looking for opportunities in Tennessee. Within Hamilton County, the highest median property tax rate can be found in the 37412 zip code, at 0.88%, while the lowest is in the 37402 zip code, matching the city's median rate of 0.56%. Comparatively, Tennessee offers competitive property tax rates, making it an attractive option for property investment when measured against the national landscape.

Property Tax Rates Across Chattanooga, Hamilton County, Tennessee

Source: Ownwell

0.56%

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 Chattanooga Tax Rate

0.56%

Median Effective Hamilton County Tax Rate

0.56%

Median Effective Tennessee Tax Rate

0.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chattanooga, Hamilton County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37402	0.56%	0.56%	0.56%	0.56%	0.56%
37403	0.56%	0.56%	0.56%	0.56%	0.56%
37404	0.56%	0.56%	0.56%	0.56%	0.89%
37405	0.56%	0.56%	0.56%	0.56%	0.56%
37406	0.56%	0.56%	0.56%	0.56%	0.56%
37407	0.56%	0.56%	0.56%	0.56%	0.56%
37408	0.56%	0.56%	0.56%	0.56%	0.56%
37409	0.56%	0.56%	0.56%	0.56%	0.56%
37410	0.56%	0.56%	0.56%	0.56%	0.89%
37411	0.56%	0.56%	0.56%	0.56%	0.56%
37412	0.56%	0.56%	0.56%	0.56%	0.56%
37415	0.56%	0.56%	0.56%	0.56%	0.56%
37416	0.56%	0.56%	0.56%	0.56%	0.56%
37419	0.56%	0.56%	0.56%	0.56%	0.56%
37421	0.56%	0.56%	0.56%	0.56%	0.56%

Source: Ownwell

Property Tax Assessment Values Across Chattanooga, Hamilton County, Tennessee

When examining property taxes in Chattanooga, 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 Hamilton County Assessor's Office 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 Hamilton 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 Chattanooga. For example, the median home price in Chattanooga is $166,300, with tax bills ranging significantly across the county. Zip code 37402 has the highest median home price at $311,100.

Property Tax Assessment Values Across Chattanooga, Hamilton County, Tennessee

Source: Ownwell

$46,000

$299,800

$553,600

Median Chattanooga Market Value

$169,200

Median Hamilton County Market Value

$197,300

Median Tennessee Market Value

$213,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chattanooga, Hamilton County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37402	$174,400	$203,428	$337,700	$577,625	$838,125
37403	$87,840	$163,750	$248,000	$378,975	$763,000
37404	$42,000	$71,500	$112,200	$183,200	$293,820
37405	$91,100	$165,975	$290,200	$414,250	$607,090
37406	$36,800	$48,500	$74,600	$116,300	$160,400
37407	$31,800	$37,500	$46,000	$65,100	$100,800
37408	$119,000	$229,800	$292,600	$375,700	$468,800
37409	$105,910	$134,175	$176,200	$251,550	$339,630
37410	$33,490	$40,600	$55,150	$80,250	$138,040
37411	$64,500	$90,725	$119,300	$160,000	$210,010
37412	$109,100	$127,000	$148,300	$185,000	$233,000
37415	$123,000	$150,200	$191,000	$252,000	$371,700
37416	$100,300	$135,000	$164,500	$209,200	$323,740
37419	$76,140	$112,600	$167,600	$329,050	$538,520
37421	$135,600	$179,200	$226,100	$294,300	$392,790

Source: Ownwell

Property Tax Bills Across Chattanooga, Hamilton County, Tennessee

In Chattanooga, Hamilton County, TN, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the local assessor's office. Factors such as location, size, and property condition influence the market value. Homeowners in Chattanooga typically face property tax bills ranging from $674 at the 25th percentile to $2,171 at the 90th percentile. The highest median tax bill in the area is $1,740 in zip code 37402, while the lowest is $251 in zip code 37407. Compared to the national median property tax bill of $2,400, Chattanooga's figures indicate a relatively moderate tax burden. Ownwell assists homeowners by reviewing their property assessments and identifying opportunities for appeals or exemptions, potentially lowering their tax bills. By leveraging local expertise and a deep understanding of property tax regulations, Ownwell helps homeowners ensure they're not overpaying on their property taxes.

Property Tax Bills Across Chattanooga, Hamilton County, Tennessee

Source: Ownwell

$258

$1,699

$3,140

Median Chattanooga Tax Bill

$978

Median Hamilton County Tax Bill

$1,128

Median Tennessee Tax Bill

$1,126

Median United States Tax Bill

$2,400

Property Tax Bills Across Chattanooga, Hamilton County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37402	$975	$1,138	$1,889	$3,585	$4,991
37403	$516	$969	$1,399	$2,178	$4,280
37404	$237	$444	$665	$1,104	$1,670
37405	$510	$946	$1,653	$2,373	$3,466
37406	$206	$273	$462	$667	$922
37407	$178	$210	$258	$378	$603
37408	$712	$1,291	$1,637	$2,126	$2,657
37409	$603	$770	$1,023	$1,430	$1,918
37410	$189	$227	$317	$537	$787
37411	$361	$510	$699	$942	$1,202
37412	$613	$723	$868	$1,096	$1,320
37415	$693	$854	$1,091	$1,449	$2,095
37416	$564	$755	$968	$1,208	$1,817
37419	$447	$649	$967	$1,854	$2,997
37421	$771	$1,014	$1,273	$1,658	$2,198

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 31

Links
Hamilton Tax Assessor
Website	assessor.hamiltontn.gov