Bells, Haywood County, Tennessee Property Taxes
Median BELLS, TN effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median BELLS, TN home value: $88,000
Median annual BELLS, TN tax bill: $608, $1,792 lower than the national median property tax bill of $2,400.
How are property taxes in Haywood calculated?
Property taxes in BELLS, 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 BELLS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BELLS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bells, Haywood County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$607
$563
Property Tax Rates Across Bells, Haywood County, Tennessee
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Bells’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.
Bells, located in Haywood County, Tennessee, offers a unique perspective on property tax rates. The effective property tax rate in Bells is notably lower than the national median rate of 1.02%. This makes Bells an attractive option for property owners seeking lower tax burdens. When compared to other cities in Tennessee, Bells remains competitive, providing a favorable environment for both residential and commercial property owners. Understanding these nuances can help property owners make informed decisions about where to invest and reside, taking into account the long-term financial implications of property taxes.
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 Bells Tax Rate
0.69%
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 Haywood County Tax Rate
1.06%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bells, Haywood County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38006 | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Bells, Haywood County, Tennessee
When examining property taxes in Bells, 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 Haywood 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 Haywood County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Bells.
For example, the median home price in Bells is $88,000, with tax bills ranging significantly across the county. The zip code 38006 has the highest median home price at $88,000.
Property Tax Assessment Values Across Bells, Haywood County, Tennessee
Source: Ownwell
$67,400
$85,725
$104,050
Median Bells Market Value
$88,000
Median Haywood County Market Value
$76,350
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bells, Haywood County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38006 | $37,600 | $55,800 | $88,000 | $144,500 | $268,600 |
Source: Ownwell
Property Tax Bills Across Bells, Haywood County, Tennessee
Median Bells Tax Bill
$608
Median Haywood County Tax Bill
$746
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Bells, Haywood County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38006 | $259 | $384 | $608 | $1,005 | $1,960 |
Source: Ownwell