Property Tax & Income in Grundy County, Tennessee
Grundy County has an effective property tax rate of 0.38%. On the median home value of $154,000, that's roughly $586 per year. Median household income is $47,593.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Grundy County | Tennessee (state context) |
|---|---|---|
| Effective property tax rate1 | 0.38% | 0.47% |
| Median home value1 | $154,000 | — |
| State income tax3 | No state income tax | No state income tax |
| State sales tax3 | 9.61% combined | 9.61% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Grundy County, TN
In Grundy County, Tennessee, the median home value of $154,000 pairs with an effective property tax rate of 0.381%, producing a median annual real-estate tax bill of just $586. That rate sits below Tennessee's statewide median of 0.467% and well under the national median of 0.794%, placing the county 84th out of 95 Tennessee counties for property tax rate. Households here earn a median of $47,593, with per-capita income at $25,175. Buyers weighing a move to Altamont, Beersheba Springs, Coalmont, or the surrounding area will find that low home prices and a comparatively gentle tax rate keep ownership costs down, though the trade-off shows up in lower local incomes.