Pigeon Forge, Sevier County, Tennessee Property Taxes

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 Pigeon Forge’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S. Pigeon Forge, located in Sevier County, has a median property tax rate of 0.41%, which is significantly lower than the national median of 1.02%. This lower rate can translate into substantial savings for property owners in Pigeon Forge compared to the national average. Whether you're a homeowner or an investor, understanding these rates can help you make informed decisions about your property investments. By appealing your property taxes, you might find even more ways to save, making Pigeon Forge an attractive option for those looking to reduce their property tax burden.

In Pigeon Forge, property tax bills are calculated based on the assessed value of a home, which is determined by the Sevier County assessor. The assessed value is a percentage of the home's market value. This figure is then multiplied by the local tax rate to establish the property tax bill. In Pigeon Forge, the median property tax bill is $864, which is significantly lower than the national median of $2,400, offering homeowners a more affordable tax environment. Factors influencing the tax bill include the property's location, size, and market conditions. For homeowners, these taxes can represent a substantial annual expense.

Ownwell offers a solution by helping homeowners navigate property tax appeals and exemptions. By reviewing property assessments and identifying discrepancies, Ownwell can assist in reducing the assessed value, leading to potential savings on tax bills. This service can be particularly beneficial in ensuring homeowners are not overpaying and are taking advantage of available exemptions, ultimately easing the financial burden of property taxes.