Rate Breakdown

Property taxes in Cocke County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Cocke County

Cocke County property taxes are calculated based on the assessed value of your property and the millage rate set by the county government.

The assessment process involves evaluating the market value of your property to determine its taxable value. The county assessor's office is responsible for conducting property assessments, which are usually done every four years. The assessed value is then multiplied by the millage rate to determine the amount of property tax owed.

The millage rate in Cocke County is set by the county commission and is typically expressed in mills. For the 2022 tax year, the total county-wide millage rate was around 0.88 mills, with a portion of the revenue going towards funding local schools, law enforcement, and other county services.

Here's a breakdown of how property tax is calculated:

• Assessed value of the property
• Millage rate (expressed in mills)
• Taxable value = Assessed value x (1 - Exemption rate)
• Property tax = Taxable value x Millage rate

Available Exemptions

There are several exemptions available in Cocke County that can help reduce your property tax burden. Here are some of the most common exemptions:

• Homestead Exemption: This exemption is available to homeowners who occupy their property as their primary residence. The exemption reduces the taxable value of the property by $25,000.
• Senior Citizen Exemption: Eligible senior citizens (65 years or older) may qualify for a full homestead exemption, which reduces the taxable value of their property by $25,000.
• Disability Exemption: Homeowners with a disability may qualify for a full homestead exemption, which reduces the taxable value of their property by $25,000.
• Veteran Exemption: Eligible veterans may qualify for a full homestead exemption, which reduces the taxable value of their property by $100,000.

To qualify for these exemptions, you must meet the eligibility requirements and file an application with the Cocke County Assessor's office.

Payment Schedule & Deadlines

Property tax payments are due on November 30th of each year. If you fail to pay your taxes by the due date, you may be subject to late payment penalties and interest.

Cocke County offers an installment payment plan, which allows you to pay your property taxes in four equal installments. The payment schedule is as follows:

• First installment: Due on August 31st
• Second installment: Due on November 30th
• Third installment: Due on February 28th (next year)
• Fourth installment: Due on May 31st (next year)

It's essential to pay your property taxes on time to avoid late payment penalties and interest. You can pay your taxes online, by mail, or in person at the Cocke County Treasurer's office.

Appealing Your Assessment

If you disagree with your property assessment, you can appeal your assessment to the Cocke County Board of Equalization. To appeal your assessment, you must:

• File a written appeal with the Board of Equalization within 60 days of receiving your assessment notice
• Provide evidence to support your appeal, such as comparable sales data or an appraisal
• Attend a hearing before the Board of Equalization to present your case

The Board of Equalization will review your appeal and make a determination based on the evidence presented. If your appeal is successful, your assessment will be adjusted accordingly.