38316 Property Tax Rate

Property owners in ZIP code 38316 (Bradford, Tennessee) pay a median of $795/year in property taxes on homes valued at $117,200. This translates to an effective tax rate of 0.68%, which is 24% above the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 38316 is approximately $66, which factors into escrow payments on mortgages. This ZIP code is located within Gibson County. This is $411 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 38316 has higher property taxes. ZIP codes with similar effective rates include 37660 (0.68%) and 37645 (0.68%).

In Bradford, property taxes represent approximately 1.6% of the median household income of $48,288, providing context for the relative tax burden on homeowners in this area.

Tennessee has no statewide property tax cap—expect the Gibson County Assessor to reassess your property at market value when you buy. Gibson County provides a homestead exemption for owner-occupied primary residences; file your application with the Gibson County Assessor as soon as possible after closing. Contact the Gibson County Assessor to confirm your homestead exemption amount, ensure it is active on the current tax roll, and ask about senior/veteran relief programs.