37880 Property Tax Rate

Property owners in ZIP code 37880 (Ten Mile, Tennessee) pay a median of $789/year in property taxes on homes valued at $217,300. This translates to an effective tax rate of 0.36%, which is 34% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37880 is approximately $66, which factors into escrow payments on mortgages. This ZIP code is located within Meigs County. This is $417 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 37880 has higher property taxes. ZIP codes with similar effective rates include 37810 (0.36%) and 38060 (0.37%).

In Ten Mile, property taxes represent approximately 1.3% of the median household income of $61,858, providing context for the relative tax burden on homeowners in this area.

Tennessee has no statewide assessment cap; Meigs County property is reassessed without limitation by the county assessor. Meigs County homeowners 65+ and disabled owners should apply for the Homestead Exemption at the Meigs County Assessor's office to reduce taxable value. Request your official assessment from the Meigs County Assessor after purchase and file an appeal within 30 days if you dispute the valuation.