StateRates

Loudon County, Tennessee property tax

The median homeowner in Loudon County, Tennessee pays $1,163 a year in property tax on a home worth $292,600, an effective rate of 0.40%. The national effective rate is 0.98%.

Effective rate 0.40% #81 of 95 in Tennessee
Median tax bill $1,163 per year
Median home value $292,600 owner-occupied
Median income $80,296 household

What the rate means here

At 0.40%, Loudon County taxes property more lightly than the national 0.98%. That puts the median bill at $1,163. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #81 of 95 Tennessee counties by effective rate, against a statewide 0.55%, and #2,656 nationally. The state runs from 1.03% in Shelby County down to 0.31% in Cumberland County.

The median home costs 3.64 times the median household income of $80,296, close to the national 3.86. With 56,996 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

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

What that costs at different home values

$250,000 home $1,000 per year at 0.40%
$400,000 home $1,600 per year at 0.40%
$600,000 home $2,400 per year at 0.40%

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

Housing and income

Loudon County, Tennessee against Tennessee and the country
Loudon County Tennessee United States
Effective property tax 0.40% 0.55% 0.98%
Median tax bill $1,163 $1,400 $2,969
Median home value $292,600 $256,800 $303,400
Median gross rent $995 $1,122 $1,348
Median household income $80,296 $67,097 $78,538
Home price to income 3.64× 3.83× 3.86×
Rent as share of income 14.87% 20.07% 20.6%
Owner-occupied 80.95% 67.03% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 56,996.

Nearby counties of similar size

Other Tennessee counties
County Rate Median bill Home value
Hawkins County 0.56% $940 $166,900
Carter County 0.53% $833 $157,200
Jefferson County 0.47% $990 $210,000
Dickson County 0.50% $1,369 $272,700
Coffee County 0.61% $1,378 $227,300

Loudon County property tax: common questions

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

The effective rate is 0.40% of home value, from a median tax bill of $1,163 against a median home value of $292,600. That is 0.58 points below the national 0.98%.

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

Roughly $1,600 a year at the county effective rate of 0.40%.

Is Loudon County expensive compared with the rest of Tennessee?

It ranks #81 of 95 Tennessee counties by effective property tax rate, and #2656 of 2,826 nationally. That is 0.15 points below the Tennessee average of 0.55%.

What does housing cost in Loudon County?

The median home is worth $292,600 and median gross rent is $995 a month. Median household income is $80,296, which puts the home at 3.64 times annual income and rent at 14.87% of it.