StateRates

Cannon County, Tennessee property tax

The median homeowner in Cannon County, Tennessee pays $1,091 a year in property tax on a home worth $227,600, an effective rate of 0.48%. The national effective rate is 0.98%.

Effective rate 0.48% #58 of 95 in Tennessee
Median tax bill $1,091 per year
Median home value $227,600 owner-occupied
Median income $58,092 household

What the rate means here

At 0.48%, Cannon County taxes property more lightly than the national 0.98%. That puts the median bill at $1,091. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #58 of 95 Tennessee counties by effective rate, against a statewide 0.55%, and #2,493 nationally. The state runs from 1.03% in Shelby County down to 0.31% in Cumberland County.

The median home costs 3.92 times the median household income of $58,092, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. This is a small rural county of 14,661 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,200 per year at 0.48%
$400,000 home $1,920 per year at 0.48%
$600,000 home $2,880 per year at 0.48%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Cannon County, Tennessee against Tennessee and the country
Cannon County Tennessee United States
Effective property tax 0.48% 0.55% 0.98%
Median tax bill $1,091 $1,400 $2,969
Median home value $227,600 $256,800 $303,400
Median gross rent $781 $1,122 $1,348
Median household income $58,092 $67,097 $78,538
Home price to income 3.92× 3.83× 3.86×
Rent as share of income 16.13% 20.07% 20.6%
Owner-occupied 77.19% 67.03% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 14,661.

Nearby counties of similar size

Other Tennessee counties
County Rate Median bill Home value
Bledsoe County 0.41% $671 $165,400
Crockett County 0.65% $865 $134,100
Stewart County 0.52% $951 $182,700
Grundy County 0.42% $563 $133,400
Benton County 0.58% $717 $123,400

Cannon County property tax: common questions

What is the property tax rate in Cannon County, Tennessee?

The effective rate is 0.48% of home value, from a median tax bill of $1,091 against a median home value of $227,600. That is 0.5 points below the national 0.98%.

How much is property tax on a $400,000 home in Cannon County?

Roughly $1,920 a year at the county effective rate of 0.48%.

Is Cannon County expensive compared with the rest of Tennessee?

It ranks #58 of 95 Tennessee counties by effective property tax rate, and #2493 of 2,826 nationally. That is 0.07 points below the Tennessee average of 0.55%.

What does housing cost in Cannon County?

The median home is worth $227,600 and median gross rent is $781 a month. Median household income is $58,092, which puts the home at 3.92 times annual income and rent at 16.13% of it.