Savannah, Hardin County, Tennessee Property Taxes
Median Savannah, TN effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Savannah, TN home value: $85,700
Median annual Savannah, TN tax bill: $806, $1,594 lower than the national median property tax bill of $2,400.
How are property taxes in Hardin calculated?
Property taxes in Savannah, 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 Savannah’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Savannah, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Savannah, Hardin County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$660
$612
Property Tax Rates Across Savannah, Hardin County, Tennessee
Local government entities are responsible for setting tax rates, which can vary significantly within Tennessee. This variation is due to the annual process where each county estimates its budgetary needs to provide essential services and divides this by the total value of all taxable property within its jurisdiction. The result is the property tax rate applied to property owners. Although the process involves votes and legislative measures, this is essentially how it functions every year.
In Savannah, located in Hardin County, the effective property tax rate is 0.77%. This rate is consistent across the county, making it one of the more uniform areas in Tennessee in terms of property tax rates. When compared to the national median property tax rate of 1.02%, Savannah’s rate is considerably lower, providing property owners with a more favorable tax environment. This can be particularly appealing for those considering relocation or investment in the area. Understanding these rates can help property owners make informed decisions and potentially save on their property tax bills.
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 Savannah Tax Rate
0.77%
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 Hardin County Tax Rate
0.70%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Savannah, Hardin County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38372 | 0.58% | 0.65% | 0.77% | 0.96% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Savannah, Hardin County, Tennessee
When examining property taxes in Savannah, 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 Hardin 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 Hardin 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 Savannah.
For example, the median home price in Savannah is $85,700, with tax bills ranging significantly across the county. The zip code 38372 has the highest median home price at $85,700.
Property Tax Assessment Values Across Savannah, Hardin County, Tennessee
Source: Ownwell
$52,400
$93,750
$135,100
Median Savannah Market Value
$85,700
Median Hardin County Market Value
$89,300
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Savannah, Hardin County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38372 | $28,800 | $51,500 | $85,700 | $148,300 | $263,780 |
Source: Ownwell
Property Tax Bills Across Savannah, Hardin County, Tennessee
In Savannah, Hardin County, TN, property tax bills are calculated based on the assessed value of a property. The assessed value is a percentage of the market value determined by the local assessor's office. Homeowners in this area face a median tax bill of $806, with the 25th percentile at $501 and the 75th percentile reaching $1,233. These figures reflect that property taxes can vary significantly depending on the property's assessed value and location. Compared to the national median property tax bill of $2,400, Savannah homeowners generally pay less, but the impact on household budgets can still be significant.
Ownwell can assist homeowners in Savannah by identifying opportunities for property tax appeals and exemptions. By analyzing the assessed value and comparing it with similar properties, Ownwell helps ensure that homeowners are not overpaying. Our service aims to reduce the financial burden of property taxes, potentially saving homeowners hundreds of dollars annually. With expertise in local property tax regulations, Ownwell provides a valuable resource for those looking to lower their property tax obligations.
Median Savannah Tax Bill
$806
Median Hardin County Tax Bill
$809
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Savannah, Hardin County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38372 | $265 | $501 | $806 | $1,233 | $1,926 |
Source: Ownwell
