Clarkrange, Overton County, Tennessee Property Taxes

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

Median CLARKRANGE, TN effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median CLARKRANGE, TN home value: $41,600
Median annual CLARKRANGE, TN tax bill: $205, $2,195 lower than the national median property tax bill of $2,400.

How are property taxes in Overton calculated?

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

Last Updated March 1, 2025

Clarkrange, Overton County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.49%

Estimate Property Tax Bill

$204

$189

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

Property Tax Rates Across Clarkrange, Overton County, Tennessee

Local government entities set tax rates, and these can vary significantly within a state. This is because each county annually estimates its required budget to provide services and divides that amount by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Clarkrange, located in Overton County, Tennessee, the effective property tax rate is notably lower than the national median of 1.02%. Tennessee's median property tax rate is 0.49%, which is less than half of the national rate. This makes Tennessee an attractive state for property owners looking to save on taxes. Comparing Clarkrange’s rate to other cities in Tennessee, it's clear that the region offers competitive property tax rates. This can be particularly appealing for those considering relocation or investment in the area, as lower property taxes can result in significant long-term savings.

Property Tax Rates Across Clarkrange, Overton County, Tennessee

Source: Ownwell

0.49%

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 Clarkrange Tax Rate

0.49%

Median Effective Overton County Tax Rate

0.49%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clarkrange, Overton County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38553	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Clarkrange, Overton County, Tennessee

When examining property taxes in Clarkrange, 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 Overton 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 Overton 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 Clarkrange. For example, the median home price in Clarkrange is $41,600, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Clarkrange, Overton County, Tennessee

Source: Ownwell

$62,250

$96,075

$129,900

Median Clarkrange Market Value

$41,600

Median Overton County Market Value

$101,600

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clarkrange, Overton County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38553	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Clarkrange, Overton County, Tennessee

In Clarkrange, located in Overton County, Tennessee, property tax bills are determined by applying the local tax rate to the assessed value of a home. The assessed value is typically a percentage of the market value, which in Clarkrange contributes to a relatively low property tax burden. For example, the median home price is $41,600, which results in property tax bills ranging from the 25th percentile at $165 to the 90th percentile at $268. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Clarkrange offers a more affordable tax landscape for homeowners.

For homeowners looking to reduce their property tax bills, Ownwell offers expert property tax appeal services. By analyzing property assessments and market values, Ownwell identifies discrepancies and advocates for fairer tax rates on behalf of homeowners. This can lead to significant savings, ensuring that residents of Clarkrange pay only their fair share. With Ownwell's expertise, homeowners can navigate the complexities of property tax assessments and potentially lower their expenses.

Property Tax Bills Across Clarkrange, Overton County, Tennessee

Source: Ownwell

$268

$459

$650

Median Clarkrange Tax Bill

$205

Median Overton County Tax Bill

$570

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Clarkrange, Overton County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38553	N/A	N/A	N/A	N/A	N/A

Source: Ownwell