Blaine, Knox County, Tennessee Property Taxes
Median Blaine, TN effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Blaine, TN home value: $180,200
Median annual Blaine, TN tax bill: $670, $1,730 lower than the national median property tax bill of $2,400.
How are property taxes in Knox calculated?
Property taxes in Blaine, 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 Blaine’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Blaine, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Blaine, Knox County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$703
$652
Property Tax Rates Across Blaine, Knox 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 Blaine’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.
Blaine, located in Grainger County, Tennessee, boasts an effective property tax rate that is significantly lower than both the state and national medians. Tennessee's median property tax rate is already well below the national median, making it an attractive state for property owners seeking lower tax burdens. Blaine stands out even more within the state for its particularly low rate. For homeowners in Blaine, this means a more manageable tax bill, allowing them to allocate more of their budget toward other expenses or investments. This lower tax rate can be a compelling factor for potential homebuyers considering a move to Blaine.
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 Blaine Tax Rate
0.39%
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 Knox County Tax Rate
0.39%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Blaine, Knox County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37709 | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Blaine, Knox County, Tennessee
When examining property taxes in Blaine, 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 Knox 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 Knox 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 Blaine. For example, the median home price in Blaine is $180,200, with tax bills ranging significantly across the county. Zip code 37709 has the highest median home price at $180,200.
Property Tax Assessment Values Across Blaine, Knox County, Tennessee
Source: Ownwell
$93,700
$283,700
$473,700
Median Blaine Market Value
$180,200
Median Knox County Market Value
$222,300
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Blaine, Knox County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37709 | $46,600 | $98,800 | $180,200 | $256,100 | $372,440 |
Source: Ownwell
Property Tax Bills Across Blaine, Knox County, Tennessee
Median Blaine Tax Bill
$670
Median Knox County Tax Bill
$1,143
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Blaine, Knox County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37709 | $156 | $316 | $670 | $981 | $1,278 |
Source: Ownwell