38061 Property Tax Rate

Property owners in ZIP code 38061 (Pocahontas, Tennessee) pay a median of $617/year in property taxes on homes valued at $127,700. This translates to an effective tax rate of 0.48%, which is 12% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 38061 is approximately $51, which factors into escrow payments on mortgages. This ZIP code is located within McNairy County. This is $589 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 38061 has higher property taxes. ZIP codes with similar effective rates include 37341 (0.48%) and 37018 (0.48%).

In Pocahontas, property taxes represent approximately 1.6% of the median household income of $39,261, providing context for the relative tax burden on homeowners in this area.

Tennessee has no statewide property tax cap—your property will be reassessed to market value by the McNairy County Assessor at the time of purchase. McNairy County offers a homestead exemption for owner-occupied primary residences; file your application with the McNairy County Assessor within 30 days of closing. Contact the McNairy County Assessor to verify the homestead exemption amount, any income limits, and confirmation that your exemption is active on the current tax roll.