Union County, Tennessee Property Taxes

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

Median Union County effective property tax rate: 0.47%, significantly lower than the national median of 1.02%.
Median Union County home value: $148,500
Median annual Union County tax bill: $637, $1,763 lower than the national median property tax bill of $2,400.

How are property taxes in Union County calculated?

Property taxes in Union County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Maynardville or another part of Union County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Union County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.47%

Estimate Property Tax Bill

$698

$648

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

Property Tax Rates Across Union County, Tennessee

Local government entities set tax rates, which can vary widely within a state. 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 Union County's effective property tax rate to other counties in Tennessee or the U.S. median property tax rate. Union County has an effective property tax rate of 0.47%, significantly lower than the national median property tax rate of 1.02%. This means property owners in Union County enjoy a more favorable tax environment compared to many other regions across the country. For instance, the city of Corryton within Union County also reflects this lower tax rate, offering residents a cost-effective option for property ownership. Conversely, Powder Springs, another city in Union County, maintains the same advantageous tax rate, underscoring the county's overall affordability.

Property Tax Rates Across Union County, Tennessee

Source: Ownwell

0.47%

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 Union County Tax Rate

0.47%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Union County, Tennessee

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Corryton	0.46%	0.47%	0.47%	0.48%	0.76%
Knoxville	0.47%	0.47%	0.47%	0.48%	0.50%
Maynardville	0.20%	0.47%	0.47%	0.48%	0.48%
Powder Springs	0.21%	0.47%	0.47%	0.48%	0.48%
Andersonville	N/A	N/A	N/A	N/A	N/A
Heiskell	N/A	N/A	N/A	N/A	N/A
Luttrell	N/A	N/A	N/A	N/A	N/A
New Tazewell	N/A	N/A	N/A	N/A	N/A
Sharps Chapel	N/A	N/A	N/A	N/A	N/A
Speedwell	N/A	N/A	N/A	N/A	N/A
Washburn	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Union County, Tennessee

When examining property taxes in Union County, 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 Union 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.

In Union 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 Union County.

For example, the median tax bill in Union County is $508, with tax bills ranging significantly across the county. Knoxville has the highest median home price at $192,700.

Property Tax Assessment Values Across Union County, Tennessee

Source: Ownwell

$98,600

$145,650

$192,700

Median Union County Market Value

$148,500

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Union County, Tennessee

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Corryton	$8,600	$52,225	$157,450	$198,975	$244,800
Knoxville	$110,150	$127,925	$192,700	$253,650	$338,280
Maynardville	$29,500	$79,200	$151,550	$213,300	$311,930
Powder Springs	$27,880	$55,800	$98,600	$165,500	$244,300
Andersonville	N/A	N/A	N/A	N/A	N/A
Heiskell	N/A	N/A	N/A	N/A	N/A
Luttrell	N/A	N/A	N/A	N/A	N/A
New Tazewell	N/A	N/A	N/A	N/A	N/A
Sharps Chapel	N/A	N/A	N/A	N/A	N/A
Speedwell	N/A	N/A	N/A	N/A	N/A
Washburn	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Union County, Tennessee

In Union County, TN, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in Union County is $148,500. The local tax rate is applied to this assessed value to calculate the tax bill. Factors such as location and property size can influence the assessed value, impacting the overall tax bill.

Homeowners in Union County typically experience a range of tax bills. The 25th percentile tax bill is $227, while the 75th percentile is $997, indicating a significant variation based on property characteristics. The highest median tax bill in the region is found in Knoxville at $997, contrasting with Powder Springs, where the median tax bill is $508.

Compared to the national median property tax bill of $2,400, Union County's tax bills are generally lower, offering some financial relief to homeowners. This lower tax burden can make homeownership more affordable, potentially attracting new residents seeking economic advantages.

Property Tax Bills Across Union County, Tennessee

Source: Ownwell

$508

$753

$997

Median Union County Tax Bill

$637

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Union County, Tennessee

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Corryton	$44	$190	$738	$941	$1,156
Knoxville	$628	$690	$997	$1,267	$1,631
Maynardville	$24	$256	$667	$968	$1,366
Powder Springs	$51	$224	$508	$791	$1,164
Andersonville	N/A	N/A	N/A	N/A	N/A
Heiskell	N/A	N/A	N/A	N/A	N/A
Luttrell	N/A	N/A	N/A	N/A	N/A
New Tazewell	N/A	N/A	N/A	N/A	N/A
Sharps Chapel	N/A	N/A	N/A	N/A	N/A
Speedwell	N/A	N/A	N/A	N/A	N/A
Washburn	N/A	N/A	N/A	N/A	N/A

Source: Ownwell