Lake County Property Taxes

Lake County, Tennessee

Effective Tax Rate

0.00%

25.4% below state avg

Median Annual Tax

$0

$63/mo escrow

#93 of 95 counties in Tennessee

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.71%

vs. Tennessee Avg25.4% below
vs. National Avg71.8% below

At a Glance

Median Home Value

$107,000

State avg $201,611

Tax w/ Mortgage/yr

$893

$74/mo escrow

Tax w/o Mortgage/yr

$731

$61/mo

State Tax Rate Rank

#93

of 95 counties (1 = lowest)

Data Story

About Property Taxes in Lake County, Tennessee

Lake County has the highest taxes

Lake County's 0.708% effective tax rate exceeds the national median of 0.71% and ranks in the top 50% of U.S. counties. Despite lower home values, residents pay $758 annually—representing a higher effective burden than much wealthier areas.

Well above Tennessee average

At 0.708%, Lake County's rate far exceeds Tennessee's 0.511% state average, making it one of the highest-taxed counties in the state. The median tax of $758 is $258 below the state average of $1,016 only because homes here are valued much lower at $107,000.

Dramatically higher than neighbors

Lake County's 0.708% effective rate significantly exceeds all neighboring counties: Jackson (0.496%), Humphreys (0.479%), Houston (0.574%), and Hickman (0.567%). This outlier status places unusual pressure on rural residents with modest incomes and property values.

What your $107,000 home costs

Lake County homeowners with the median-valued property pay approximately $758 annually in property taxes. With mortgage-related costs factored in, the total reaches about $893 per year.

Appeal your assessment immediately

Lake County residents face the state's highest effective tax rate and should prioritize assessment challenges. A free appeal with the assessor could reveal overvaluation—especially important in a county with limited property values.

How Lake County Compares

Median Annual Property Tax

Lake County$758
Tennessee State Average$1,016
National Average$1,924

Lake County

0.71%

Effective rate

Tennessee Avg

0.50%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Lake County, Tennessee?
The effective property tax rate in Lake County, Tennessee is 0.71%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Lake County?
The median annual property tax payment in Lake County is $758. Homeowners with a mortgage pay a median of $893, while those without a mortgage pay $731.
How does Lake County compare to the Tennessee average?
Lake County's effective tax rate of 0.71% is higher than the Tennessee state average of 0.50%. The median annual property tax in Lake County is $758, compared to the state average of $1,016.
What is the median home value in Lake County, Tennessee?
The median home value in Lake County, Tennessee is $107,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Lake County property tax rate higher than the Tennessee average?
Lake County's effective property tax rate of 0.71% is higher than the Tennessee average of 0.50%. This difference of 0.20% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Lake County rank for property taxes in Tennessee?
Lake County ranks #93 out of 95 counties in Tennessee by effective property tax rate (1 = lowest). With a rate of 0.71% and median annual tax of $758, it falls in the upper third of counties statewide.

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.