37097 Property Tax Rate

Property owners in ZIP code 37097 (Lobelville, Tennessee) pay a median of $800/year in property taxes on homes valued at $135,800. This translates to an effective tax rate of 0.59%, which is 8% above the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37097 is approximately $67, which factors into escrow payments on mortgages. This ZIP code is located within Perry County. This is $406 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 37097 has higher property taxes. ZIP codes with similar effective rates include 37221 (0.59%) and 37887 (0.59%).

In Lobelville, property taxes represent approximately 1.5% of the median household income of $53,235, providing context for the relative tax burden on homeowners in this area.

Perry County reassesses every four years without a statewide cap; your assessed value resets to market value when you purchase and is subject to revaluation at the next four-year cycle. Primary residence owners in Perry County receive a $25,000 homestead exemption — submit your application to the Perry County Assessor within 30 days of closing to reduce your taxable value. Contact the Perry County Assessor to verify your exemption status and request an amended assessment if your initial bill does not show the homestead deduction.