Athens, Mcminn County, Tennessee Property Taxes

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

Median Athens, TN effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Athens, TN home value: $113,200
Median annual Athens, TN tax bill: $688, $1,712 lower than the national median property tax bill of $2,400.

How are property taxes in McMinn County calculated?

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

Last Updated March 1, 2025

Athens, Mcminn County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$815

$756

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

Property Tax Rates Across Athens, Mcminn County, Tennessee

Local government entities set tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Athens, located in McMinn County, Tennessee, the effective property tax rate is a reflection of this process. The median property tax rate in Tennessee is 0.72%, which is notably lower than the national median property tax rate of 1.02%. This means residents in Athens generally face a lower property tax burden compared to the national average. When comparing Athens to other cities in Tennessee, the property tax rate remains consistent, as McMinn County's rate is neither the highest nor the lowest within the state. This stability provides a predictable financial environment for property owners in Athens, contributing to a more manageable cost of living.

Property Tax Rates Across Athens, Mcminn County, Tennessee

Source: Ownwell

0.38%

0.55%

0.72%

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 Athens Tax Rate

0.72%

Median Effective Mcminn County Tax Rate

0.48%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Athens, Mcminn County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37303	0.39%	0.42%	0.72%	0.81%	0.95%

Source: Ownwell

Property Tax Assessment Values Across Athens, Mcminn County, Tennessee

When examining property taxes in Athens, 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 McMinn 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 McMinn 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 Athens.

For example, the median home price in Athens is $113,200, with tax bills ranging significantly across the county. Zip code 37303 has the highest median home price at $113,200.

Property Tax Assessment Values Across Athens, Mcminn County, Tennessee

Source: Ownwell

$87,000

$114,925

$142,850

Median Athens Market Value

$113,200

Median Mcminn County Market Value

$107,800

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Athens, Mcminn County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37303	$47,200	$73,650	$113,200	$168,700	$240,600

Source: Ownwell

Property Tax Bills Across Athens, Mcminn County, Tennessee

In Athens, located in McMinn County, TN, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the property's market value, and the tax rate is applied to this assessed value to determine the annual tax bill. The median home price in Athens is $113,200, with homeowners experiencing varying tax bills. For instance, the 25th percentile tax bill is $477, while the 75th percentile tax bill reaches $1,006, and the 90th percentile can go up to $1,455. Compared to the national median property tax bill of $2,400, Athens residents generally pay less, with the highest median tax bill recorded at $688 in the 37303 zip code. Homeowners in Athens can benefit from Ownwell's expertise in property tax appeals and exemptions. By leveraging Ownwell's services, homeowners can potentially lower their tax bills, ensuring they only pay their fair share and maximize their savings.

Property Tax Bills Across Athens, Mcminn County, Tennessee

Source: Ownwell

$391

$540

$688

Median Athens Tax Bill

$688

Median Mcminn County Tax Bill

$618

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Athens, Mcminn County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37303	$273	$477	$688	$1,006	$1,455

Source: Ownwell