38030 Property Tax Rate

Property owners in ZIP code 38030 (Finley, Tennessee) pay a median of $1,109/year in property taxes on homes valued at $171,400. This translates to an effective tax rate of 0.65%, which is 18% above the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 38030 is approximately $92, which factors into escrow payments on mortgages. This ZIP code is located within Dyer County.

Compared to similar ZIP codes in Tennessee, 38030 has lower property taxes. ZIP codes with similar effective rates include 37377 (0.65%) and 37079 (0.65%).

In Finley, property taxes represent approximately 1.9% of the median household income of $57,393, providing context for the relative tax burden on homeowners in this area.

Tennessee has no statewide property tax cap—the Dyer County Assessor will reassess your property at market value upon purchase. Dyer County provides a homestead exemption for primary residences; file your application immediately after closing with the Dyer County Assessor to reduce your assessed value. Request that the assessor provide your assessment notice and exemption confirmation in writing, and ask about any available senior or veteran relief programs.