37774 Property Tax Rate

Property owners in ZIP code 37774 (Loudon, Tennessee) pay a median of $1,292/year in property taxes on homes valued at $329,600. This translates to an effective tax rate of 0.39%, which is 28% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37774 is approximately $108, which factors into escrow payments on mortgages. This ZIP code is located within Loudon County.

Compared to similar ZIP codes in Tennessee, 37774 has higher property taxes. ZIP codes with similar effective rates include 37069 (0.39%) and 37380 (0.39%).

In Loudon, property taxes represent approximately 1.5% of the median household income of $83,724, providing context for the relative tax burden on homeowners in this area.

Tennessee assesses property at 25% of market value with no cap on annual increases, meaning Loudon County will fully reassess your property at purchase price and may increase taxes annually. Loudon County homeowners aged 65+ and those with disabilities may claim a Homestead Exemption that reduces taxable assessed value — apply at the Loudon County Assessor's office with proof of age or disability status. File your exemption application at the Loudon County Assessor immediately after closing and request a reassessment review to ensure the purchase price was recorded correctly.