37830 Property Tax Rate

Property owners in ZIP code 37830 (Oak Ridge, Tennessee) pay a median of $1,831/year in property taxes on homes valued at $234,500. This translates to an effective tax rate of 0.78%, which is 43% above the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37830 is approximately $153, which factors into escrow payments on mortgages. This ZIP code is located within Anderson County. This is $625 more than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 37830 has lower property taxes. ZIP codes with similar effective rates include 37411 (0.78%) and 38317 (0.78%).

In Oak Ridge, property taxes represent approximately 2.6% of the median household income of $70,795, providing context for the relative tax burden on homeowners in this area.

Tennessee assesses property at 25% of market value with no state-mandated cap on annual increases, so Anderson County will reassess your home at the purchase price and adjust it annually based on the assessor's valuation. Anderson County provides a Homestead Exemption for seniors 65+ and disabled homeowners that exempts a portion of assessed value from taxation — apply at the Anderson County Assessor's office with age verification or disability documentation. Within 30 days of receiving your first post-purchase assessment from the Anderson County Assessor, request a review to confirm accuracy and file your exemption application if eligible.