Cookeville, Jackson County, Tennessee Property Taxes

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

Median Cookeville, 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 Cookeville, TN home value: $114,000
Median annual Cookeville, TN tax bill: $611, $1,789 lower than the national median property tax bill of $2,400.

How are property taxes in Jackson County calculated?

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

Last Updated March 1, 2025

Cookeville, Jackson County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.64%

Estimate Property Tax Bill

$794

$736

Ownwell’s Cookeville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cookeville with just two data points. By entering your property's estimated assessed value, our calculator applies Cookeville’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 Jackson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cookeville, Jackson 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 Cookeville’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.

Cookeville, located in Putnam County, TN, has a property tax rate that reflects the local government's budgetary needs and the total assessed property value. The median property tax rate in Tennessee is notably lower than the national median, which is 1.02%. This can be advantageous for property owners in Cookeville, offering potential savings compared to higher-tax regions. Understanding these differences is crucial for homeowners and potential buyers, as property taxes directly impact the overall cost of owning a home. By staying informed, residents and investors can make educated decisions regarding property investments in Cookeville and surrounding areas.

Property Tax Rates Across Cookeville, Jackson County, Tennessee

Source: Ownwell

0.49%

0.56%

0.64%

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 Cookeville Tax Rate

0.64%

Median Effective Jackson County Tax Rate

0.64%

Median Effective Tennessee Tax Rate

0.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cookeville, Jackson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38501	0.46%	0.64%	0.64%	0.64%	0.64%
38506	0.56%	0.64%	0.64%	0.64%	0.64%

Source: Ownwell

Property Tax Assessment Values Across Cookeville, Jackson County, Tennessee

When examining property taxes in Cookeville, 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 Jackson 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. Assessment notices: In Jackson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Cookeville. For example, the median home price in Cookeville is $114,000, with tax bills ranging significantly across the county. 38501 has the highest median home price at $113,800.

Property Tax Assessment Values Across Cookeville, Jackson County, Tennessee

Source: Ownwell

$93,650

$117,925

$142,200

Median Cookeville Market Value

$124,000

Median Jackson County Market Value

$111,700

Median Tennessee Market Value

$213,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cookeville, Jackson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38501	$39,100	$71,900	$123,500	$202,975	$300,200
38506	$37,800	$89,200	$141,200	$159,700	$187,100

Source: Ownwell

Property Tax Bills Across Cookeville, Jackson County, Tennessee

In Cookeville, located in Jackson County, TN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as location, size, and property condition. Homeowners in Cookeville experience a median property tax bill of $610, which is significantly lower than the national median property tax bill of $2,400. However, tax bills can vary widely, with the 25th percentile at $317 and the 90th percentile reaching $1,416. These variations highlight the importance of ensuring your property is assessed accurately to avoid overpaying. Ownwell assists homeowners by providing expert property tax appeal services, ensuring fair assessments, and identifying potential exemptions. By leveraging their expertise, homeowners can potentially reduce their tax bills, easing the financial burden. With Ownwell's support, you can navigate the complexities of property taxes and secure savings on your annual bill.

Property Tax Bills Across Cookeville, Jackson County, Tennessee

Source: Ownwell

$556

$728

$900

Median Cookeville Tax Bill

$751

Median Jackson County Tax Bill

$670

Median Tennessee Tax Bill

$1,126

Median United States Tax Bill

$2,400

Property Tax Bills Across Cookeville, Jackson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38501	$245	$442	$750	$1,164	$1,645
38506	$241	$512	$900	$1,012	$1,065

Source: Ownwell