37616 Property Tax Rate

Property owners in ZIP code 37616 (Afton, Tennessee) pay a median of $726/year in property taxes on homes valued at $189,800. This translates to an effective tax rate of 0.38%, which is 30% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37616 is approximately $61, which factors into escrow payments on mortgages. This ZIP code is located within Greene County. This is $480 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 37616 has lower property taxes. ZIP codes with similar effective rates include 37688 (0.38%) and 38488 (0.38%).

In Afton, property taxes represent approximately 1.1% of the median household income of $68,487, providing context for the relative tax burden on homeowners in this area.

Tennessee allows unlimited annual reassessments; Greene County property valuations can increase without a state cap. Greene County residents 65+ and certified disabled persons are eligible for the Homestead Exemption—file at the Greene County Assessor's office to reduce taxable value. Obtain your assessment from the Greene County Assessor after closing and submit an appeal within 30 days if the valuation appears excessive.