Putnam County, Tennessee Property Taxes
Census Bureau ACS property tax data for Tennessee. Population: 20,058.
The median annual property tax in Putnam County is $1,299, which is 28% higher than the Tennessee state average and 32% below the national average. The effective tax rate is 0.53% on a median home value of $246,800. Property taxes represent 2.3% of the median household income in this county.
Median Annual Tax
$1,299
+28% vs State
-32% vs US
Median Home Value
$246,800
+22% vs State
+17% vs US
Effective Tax Rate
0.53%
+4% vs State
-44% vs US
With vs Without Mortgage
With Mortgage
$1,329
$111/mo
Without Mortgage
$1,262
$105/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,299 +4.7% | 0.53% |
| 2022 | $1,241 +12.2% | 0.56% |
| 2021 | $1,106 +2.7% | 0.64% |
| 2020 | $1,077 +0.7% | 0.66% |
| 2019 | $1,069 | 0.67% |
Tax Burden
Tax-to-Income Ratio
2.3%
of median household income
Median Income
$56,537
per year
Monthly Tax
$108
per month
Other Counties in Tennessee
Giles County
Tax: $953/yr Rate: 0.47%
Unicoi County
Tax: $960/yr Rate: 0.57%
Bradley County
Tax: $1,174/yr Rate: 0.51%
Union County
Tax: $720/yr Rate: 0.39%
Crockett County
Tax: $865/yr Rate: 0.65%
Washington County
Tax: $1,278/yr Rate: 0.55%
Frequently Asked Questions
What is the average property tax in Putnam County, Tennessee? ▼
The median annual property tax in Putnam County is $1,299 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.53% on a median home value of $246,800.
How does Putnam County property tax compare to the national average? ▼
Property taxes in Putnam County are 32% below the national average of $1,923. The effective rate of 0.53% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Putnam County? ▼
In Putnam County, homeowners with a mortgage pay a median of $1,329 in annual property taxes, while homeowners without a mortgage pay $1,262. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Putnam County? ▼
Property taxes in Putnam County represent approximately 2.3% of the median household income of $56,537. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.