37303 Property Tax Rate

Property owners in ZIP code 37303 (Athens, Tennessee) pay a median of $837/year in property taxes on homes valued at $196,800. This translates to an effective tax rate of 0.43%, which is 22% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37303 is approximately $70, which factors into escrow payments on mortgages. This ZIP code is located within McMinn County. This is $369 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 37303 has higher property taxes. ZIP codes with similar effective rates include 37657 (0.43%) and 37769 (0.42%).

In Athens, property taxes represent approximately 1.4% of the median household income of $60,874, providing context for the relative tax burden on homeowners in this area.

Tennessee does not cap annual assessment increases; your McMinn County property can be revalued upward without limitation. McMinn County offers a Homestead Exemption for seniors 65+ and disabled owners—file at the McMinn County Assessor's office to exempt a portion of your home's value from taxation. After purchase, request your official assessment from the McMinn County Assessor and note the 30-day appeal window to challenge any errors or overvaluation.