Putnam County Property Taxes

Putnam County, Tennessee

Effective Tax Rate

0.00%

27.9% above state avg

Median Annual Tax

$0

$108/mo escrow

#57 of 95 counties in Tennessee

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.53%

vs. Tennessee Avg27.9% above
vs. National Avg51.7% below

At a Glance

Median Home Value

$246,800

State avg $201,611

Tax w/ Mortgage/yr

$1,329

$111/mo escrow

Tax w/o Mortgage/yr

$1,262

$105/mo

State Tax Rate Rank

#57

of 95 counties (1 = lowest)

Data Story

About Property Taxes in Putnam County, Tennessee

Putnam County taxes far below national levels

Putnam County's effective tax rate of 0.526% is just one-fifth the national median property tax burden of $2,690, placing it in the bottom quartile nationally. Despite having the region's highest home values, Putnam remains exceptionally affordable compared to national standards.

Slightly above Tennessee's statewide average

Putnam County's 0.526% effective rate runs modestly above Tennessee's 0.511% state average, ranking it just above the middle of the state's 95 counties. The median tax of $1,299 on a $246,800 home is the highest in this analysis, reflecting both the rate and the county's more robust property values.

Putnam has highest home values and taxes

Putnam's 0.526% rate falls below Morgan (0.581%), Obion (0.568%), and Polk (0.565%), but above Overton (0.394%) and Pickett (0.374%). With a median home value of $246,800, Putnam's homeowners pay higher absolute taxes despite a moderate effective rate.

A $246,800 home costs $1,299 annually

Putnam County's median homeowner with a $246,800 home—the highest in this analysis—pays $1,299 per year in property tax, or about $108 monthly. With mortgage escrow, that reaches $1,329 annually.

High-value homes warrant professional appeals

Putnam County homeowners with above-median properties should strongly consider professional assessment appeals, as even small rate reductions yield substantial annual savings on higher-valued homes. Request a reassessment if your appraisal or recent comparable sales suggest overvaluation.

How Putnam County Compares

Median Annual Property Tax

Putnam County$1,299
Tennessee State Average$1,016
National Average$1,924

Putnam County

0.53%

Effective rate

Tennessee Avg

0.50%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Putnam County, Tennessee?
The effective property tax rate in Putnam County, Tennessee is 0.53%. 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 Putnam County?
The median annual property tax payment in Putnam County is $1,299. Homeowners with a mortgage pay a median of $1,329, while those without a mortgage pay $1,262.
How does Putnam County compare to the Tennessee average?
Putnam County's effective tax rate of 0.53% is higher than the Tennessee state average of 0.50%. The median annual property tax in Putnam County is $1,299, compared to the state average of $1,016.
What is the median home value in Putnam County, Tennessee?
The median home value in Putnam County, Tennessee is $246,800, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Putnam County property tax rate higher than the Tennessee average?
Putnam County's effective property tax rate of 0.53% is higher than the Tennessee average of 0.50%. This difference of 0.02% 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 Putnam County rank for property taxes in Tennessee?
Putnam County ranks #57 out of 95 counties in Tennessee by effective property tax rate (1 = lowest). With a rate of 0.53% and median annual tax of $1,299, it falls in the middle 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.