Piney Flats, Sullivan County, Tennessee Property Taxes

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

Median Piney Flats, TN effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Piney Flats, TN home value: $168,000
Median annual Piney Flats, TN tax bill: $1,022, $1,378 lower than the national median property tax bill of $2,400.

How are property taxes in Sullivan County calculated?

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

Last Updated March 1, 2025

Piney Flats, Sullivan County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$1,008

$935

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

Property Tax Rates Across Piney Flats, Sullivan County, Tennessee

Local government entities determine tax rates, which can differ significantly within a state. Each county calculates its required budget to provide public services and divides this figure by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. Although votes and legislation are involved in setting these rates and budgets, this is the fundamental annual procedure.

In Piney Flats, located in Sullivan County, TN, the effective property tax rate is notably lower than the national median of 1.02%. This makes Piney Flats an attractive option for property owners seeking lower tax obligations. Comparing Piney Flats’ rate to other cities in Tennessee, it is evident that the area offers competitive property tax rates. This can be a significant factor for potential homeowners or investors considering properties in this region.

Understanding these rates is crucial for property owners and prospective buyers, as it affects overall affordability. By choosing a location with a favorable tax rate, individuals can maximize their investment and potentially save on annual expenses.

Property Tax Rates Across Piney Flats, Sullivan County, Tennessee

Source: Ownwell

0.60%

0.85%

1.10%

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 Piney Flats Tax Rate

0.60%

Median Effective Sullivan County Tax Rate

0.60%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Piney Flats, Sullivan County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37686	0.60%	0.60%	0.60%	0.60%	0.60%

Source: Ownwell

Property Tax Assessment Values Across Piney Flats, Sullivan County, Tennessee

When examining property taxes in Piney Flats, 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 Sullivan 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 Sullivan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Piney Flats. For example, the median home price in Piney Flats is $168,000, with tax bills ranging significantly across the county. Zip code 37686 has the highest median home price at $168,000.

Property Tax Assessment Values Across Piney Flats, Sullivan County, Tennessee

Source: Ownwell

$71,850

$119,925

$168,000

Median Piney Flats Market Value

$168,000

Median Sullivan County Market Value

$117,200

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Piney Flats, Sullivan County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37686	$32,500	$97,100	$168,000	$276,900	$397,040

Source: Ownwell

Property Tax Bills Across Piney Flats, Sullivan County, Tennessee

In Piney Flats, Sullivan County, TN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the home's market value, which local authorities evaluate periodically. While the national median property tax rate is 1.02%, Piney Flats homeowners experience a different scenario with a median home price of $168,000. Tax bills in this area can range significantly, from the 25th percentile at $567 to the 90th percentile at $2,391, reflecting the variability in property values and assessments. The median tax bill for the area is $1,022, lower than the national median of $2,400, potentially offering a more affordable tax environment for homeowners. However, even within this range, property taxes can be a significant expense. Ownwell can assist homeowners by providing expert property tax appeal and exemption services, helping ensure that their tax assessments are fair and accurate, ultimately reducing their annual tax burden and saving them money.

Property Tax Bills Across Piney Flats, Sullivan County, Tennessee

Source: Ownwell

$432

$759

$1,086

Median Piney Flats Tax Bill

$1,022

Median Sullivan County Tax Bill

$872

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Piney Flats, Sullivan County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37686	$161	$567	$1,022	$1,647	$2,391

Source: Ownwell