38311 Property Tax Rate

Property owners in ZIP code 38311 (Bath Springs, Tennessee) pay a median of $740/year in property taxes on homes valued at $178,200. This translates to an effective tax rate of 0.42%, which is 24% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 38311 is approximately $62, which factors into escrow payments on mortgages. This ZIP code is located within Decatur County. This is $466 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 38311 has higher property taxes. ZIP codes with similar effective rates include 38472 (0.42%) and 37742 (0.42%).

In Bath Springs, property taxes represent approximately 1.1% of the median household income of $65,500, providing context for the relative tax burden on homeowners in this area.

Tennessee has no statewide property tax cap—expect reassessment to current market value by the Decatur County Assessor when you purchase. Decatur County offers a homestead exemption for owner-occupied primary residences; file your application with the Decatur County Assessor immediately after closing. Contact the Decatur County Assessor to submit your exemption and request documentation of your final assessed value after all exemptions are applied.