Sevierville, Sevier County, Tennessee Property Taxes

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

Median Sevierville, TN effective property tax rate: 0.37%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Sevierville, TN home value: $198,600
Median annual Sevierville, TN tax bill: $790, $1,610 lower than the national median property tax bill of $2,400.

How are property taxes in Sevier County calculated?

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

Last Updated March 1, 2025

Sevierville, Sevier County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.37%

Estimate Property Tax Bill

$642

$596

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

Property Tax Rates Across Sevierville, Sevier County, Tennessee

Local government entities set tax rates, which can vary widely within a state. This variation is due to the fact that each county annually 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.

Sevierville in Sevier County, TN, presents a compelling case when it comes to property taxes. With an effective property tax rate of 0.37%, it stands in stark contrast to the national median property tax rate of 1.02%. This lower rate can translate into significant savings for property owners in Sevierville compared to other parts of the country. The median property tax bill in Sevierville is also well below the national median of $2,400, providing further relief to homeowners. When comparing Sevierville's property tax rate to other cities in Tennessee, it's clear that property owners here enjoy one of the most favorable tax environments in the state. Such a low rate can make Sevierville an attractive destination for those seeking to minimize their property tax burden while still enjoying the benefits of homeownership.

Property Tax Rates Across Sevierville, Sevier County, Tennessee

Source: Ownwell

0.37%

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 Sevierville Tax Rate

0.37%

Median Effective Sevier County Tax Rate

0.37%

Median Effective Tennessee Tax Rate

0.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sevierville, Sevier County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37862	0.21%	0.37%	0.37%	0.74%	0.74%
37876	0.37%	0.37%	0.37%	0.37%	0.37%

Source: Ownwell

Property Tax Assessment Values Across Sevierville, Sevier County, Tennessee

When examining property taxes in Sevierville, 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 Sevier 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 Sevier 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 Sevierville.

For example, the median home price in Sevierville is $198,600, with tax bills ranging significantly across the county. The zip code 37862 has the highest median home price at $216,700.

Property Tax Assessment Values Across Sevierville, Sevier County, Tennessee

Source: Ownwell

$56,750

$129,425

$202,100

Median Sevierville Market Value

$173,600

Median Sevier County Market Value

$173,500

Median Tennessee Market Value

$213,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sevierville, Sevier County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37862	$65,760	$127,750	$189,300	$287,800	$421,660
37876	$41,700	$93,500	$161,600	$240,300	$334,680

Source: Ownwell

Property Tax Bills Across Sevierville, Sevier County, Tennessee

In Sevierville, Tennessee, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Sevierville experience property tax rates that are generally lower than the national median property tax rate of 1.02%. With median home prices around $198,600, the property tax bills can vary significantly. For example, in the 37862 zip code, the highest median tax bill is $902, while in the 37876 zip code, the lowest is $698. These figures are below the national median property tax bill of $2,400, providing a more affordable tax scenario for Sevierville homeowners. However, property taxes can still be a significant expense, and factors like changes in the assessed value and local tax rates can impact the final tax bill. Ownwell offers valuable assistance by providing property tax appeal services, helping homeowners ensure their assessments are accurate and potentially lowering their tax bills, resulting in significant savings and financial relief.

Property Tax Bills Across Sevierville, Sevier County, Tennessee

Source: Ownwell

$209

$562

$914

Median Sevierville Tax Bill

$679

Median Sevier County Tax Bill

$663

Median Tennessee Tax Bill

$1,126

Median United States Tax Bill

$2,400

Property Tax Bills Across Sevierville, Sevier County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37862	$210	$462	$914	$1,400	$2,212
37876	$152	$332	$591	$912	$1,372

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 31

Links
Sevier Tax Assessor
Website	tnmap.tn.gov