37419 Property Tax Rate

Property owners in ZIP code 37419 (Chattanooga, Tennessee) pay a median of $3,018/year in property taxes on homes valued at $302,800. This translates to an effective tax rate of 1.00%, which is 82% above the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37419 is approximately $252, which factors into escrow payments on mortgages. This ZIP code is located within Marion County. This is $1,812 more than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 37419 has lower property taxes. ZIP codes with similar effective rates include 38139 (1.00%) and 38016 (1.01%).

In Chattanooga, property taxes represent approximately 3.5% of the median household income of $86,029, providing context for the relative tax burden on homeowners in this area.

Tennessee allows unlimited reassessment without state caps; Marion County property valuations can increase at each cycle. Marion County residents 65+ and certified disabled persons should apply for the Homestead Exemption at the Marion County Assessor's office to exempt a portion of assessed value. After closing, obtain your Notice of Assessment from the Marion County Assessor and file an appeal within 30 days if you believe the valuation is inflated.