Hancock County Property Taxes
Hancock County, Tennessee
Effective Tax Rate
0.00%
47.5% below state avgMedian Annual Tax
$0
$44/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.45%
At a Glance
Median Home Value
$118,000
State avg ▼ $201,611
Tax w/ Mortgage/yr
$876
$73/mo escrow
Tax w/o Mortgage/yr
$436
$36/mo
State Tax Rate Rank
#28
of 95 counties (1 = lowest)
Data Story
About Property Taxes in Hancock County, Tennessee
Hancock keeps taxes well below national level
Hancock County's effective tax rate of 0.452% falls notably below the national median of 0.51%, offering relative relief from the tax burden many Americans face. Its median property tax of $533 is just 20% of the national median of $2,690, thanks to lower home values averaging $118,000 compared to the national median of $281,900.
Second-lowest property taxes in Tennessee
Hancock County ranks among Tennessee's most tax-friendly counties, with an effective rate of 0.452% well below the state average of 0.511%. Its median annual tax of $533 represents less than half the state median of $1,016, making it one of the cheapest places to own property in the state.
Hancock undercuts regional tax rates
At 0.452%, Hancock County's rate is lower than all nearby counties, including Hardin County (0.432%)—actually the lowest in this comparison—and Henderson County (0.469%). Hancock's low tax burden reflects its affordable housing market, with median values substantially below the regional average.
Median home costs just $533 yearly
A typical Hancock County home valued at $118,000 carries an annual tax bill of approximately $533. This low cost reflects both the affordable housing market and the county's below-average tax rate, making it attractive for budget-conscious homeowners.
Even low taxes can be reduced further
While Hancock County's rates are low, homeowners should still verify their assessments for accuracy—overvaluation happens everywhere. Filing an appeal with the county assessor costs nothing and could trim your already modest tax burden by identifying inflated property values.
How Hancock County Compares
Median Annual Property Tax
Hancock County
0.45%
Effective rate
Tennessee Avg
0.50%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Hancock County, Tennessee?
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How does Hancock County compare to the Tennessee average?
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How does Hancock County rank for property taxes in Tennessee?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Tennessee
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.