Property Tax & Income in Meigs County, Tennessee
Meigs County has an effective property tax rate of 0.39%. On the median home value of $180,000, that's roughly $693 per year. Median household income is $61,375.
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 | Meigs County | Tennessee (state context) |
|---|---|---|
| Effective property tax rate1 | 0.39% | 0.47% |
| Median home value1 | $180,000 | — |
| 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 Meigs County, TN
Buying a home in Meigs County, Tennessee, comes with a median price tag of $180,000 and an annual property tax bill of $693. That works out to an effective rate of 0.385%, well under Tennessee's statewide median of 0.467% and far below the national figure of 0.794%. Among the state's 95 counties, Meigs ranks 82nd by property tax rate, placing it among the lower-taxed places in Tennessee. Households here bring in a median of $61,375, while per-capita income sits at $31,614. Pairing those earnings with a $693 yearly tax obligation keeps housing costs from climbing too high. For anyone weighing a move to this part of Tennessee, the combination of below-average home values and a tax rate that trails both state and national benchmarks makes the overall cost of owning property here comparatively easy to absorb.