37313 Property Tax Rate

Property owners in ZIP code 37313 (Coalmont, Tennessee) pay a median of $624/year in property taxes on homes valued at $151,600. This translates to an effective tax rate of 0.41%, which is 25% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37313 is approximately $52, which factors into escrow payments on mortgages. This ZIP code is located within Grundy County. This is $582 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 37313 has lower property taxes. ZIP codes with similar effective rates include 37934 (0.41%) and 37924 (0.41%).

In Coalmont, property taxes represent approximately 1.5% of the median household income of $40,919, providing context for the relative tax burden on homeowners in this area.

Tennessee allows unlimited annual assessment increases with no state cap; revaluations occur on the Grundy County Assessor's schedule. Homeowners 65+ and disabled persons qualify for the Homestead Exemption in Grundy County—apply directly to the Grundy County Assessor to freeze or reduce your taxable value. Review your assessment within 30 days of receiving it and contact the Grundy County Assessor immediately to file a formal appeal if the value is questionable.