Monroe County Property Taxes

Monroe County, Tennessee

Effective Tax Rate

0.00%

12.7% below state avg

Median Annual Tax

$0

$74/mo escrow

#26 of 95 counties in Tennessee

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.44%

vs. Tennessee Avg12.7% below
vs. National Avg67% below

At a Glance

Median Home Value

$199,700

State avg $201,611

Tax w/ Mortgage/yr

$929

$77/mo escrow

Tax w/o Mortgage/yr

$859

$72/mo

State Tax Rate Rank

#26

of 95 counties (1 = lowest)

Data Story

About Property Taxes in Monroe County, Tennessee

Monroe County taxes remain well below national median

Monroe County's 0.444% effective tax rate is less than half the national median of 0.96%, positioning it in the bottom 25% of U.S. counties. The $887 median tax is only 33% of the national median of $2,690.

Below Tennessee state average

Monroe County's 0.444% rate is 13% lower than Tennessee's 0.511% state average, ranking it among the lower-tax counties statewide. The $887 median tax is 13% below the state median of $1,016.

Mid-range among regional counties

Monroe County's 0.444% rate falls between the region's lowest-taxed counties (McMinn at 0.371%) and higher-taxed peers like Montgomery (0.673%). Its $887 median tax is moderate compared to neighboring counties.

Median home costs about $887 yearly

On a typical Monroe County home worth $199,700, you'll pay approximately $887 in annual property taxes. That translates to roughly $74 per month—well below national averages.

Appeal to verify your true assessment

Monroe County homeowners, like those elsewhere in Tennessee, may be overpaying due to inflated property assessments. Filing an appeal costs nothing and could reduce your tax bill if your home is overvalued.

How Monroe County Compares

Median Annual Property Tax

Monroe County$887
Tennessee State Average$1,016
National Average$1,924

Monroe County

0.44%

Effective rate

Tennessee Avg

0.50%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Monroe County, Tennessee?
The effective property tax rate in Monroe County, Tennessee is 0.44%. 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 Monroe County?
The median annual property tax payment in Monroe County is $887. Homeowners with a mortgage pay a median of $929, while those without a mortgage pay $859.
How does Monroe County compare to the Tennessee average?
Monroe County's effective tax rate of 0.44% is lower than the Tennessee state average of 0.50%. The median annual property tax in Monroe County is $887, compared to the state average of $1,016.
What is the median home value in Monroe County, Tennessee?
The median home value in Monroe County, Tennessee is $199,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Monroe County a low property tax area in Tennessee?
Yes — Monroe County's effective property tax rate of 0.44% is below the Tennessee average of 0.50%. The median annual property tax of $887 is also lower the state average of $1,016, making it a relatively affordable area for property taxes.
How does Monroe County rank for property taxes in Tennessee?
Monroe County ranks #26 out of 95 counties in Tennessee by effective property tax rate (1 = lowest). With a rate of 0.44% and median annual tax of $887, it falls in the lower 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.