Rate Breakdown

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

How Property Tax Works in Greene County

Property tax in Greene County is calculated based on the assessed value of your real estate and the local tax rate, known as the tax millage rate. The Tennessee Constitution mandates that property be assessed at a percentage of its fair market value. For residential and commercial property, this assessment ratio is 25% and 40%, respectively. Your property’s appraised value is determined by the Greene County Property Assessor’s office through periodic reappraisals. Once the assessed value is established, the Greene County Commission sets the tax rate per $100 of assessed value. To calculate your estimated tax, multiply the appraised value by the assessment ratio, then multiply that result by the current tax rate divided by 100.

Available Exemptions

Tennessee offers several property tax relief programs designed to assist eligible homeowners. These programs are administered by the state and can significantly reduce your tax burden:

• Property Tax Relief Program: Available to low-income elderly homeowners (age 65 or older), as well as disabled homeowners, regardless of age, who meet specific income requirements.
• Disabled Veterans Property Tax Relief: This program provides tax relief for disabled veterans or their surviving spouses, provided the veteran has a service-connected disability as determined by the U.S. Department of Veterans Affairs.
• Property Tax Freeze Program: Qualified senior citizens (age 65 or older) may apply to "freeze" the tax amount on their primary residence at the base year level, protecting them from future tax increases.

Payment Schedule & Deadlines

Property taxes in Greene County are due annually. Tax bills are typically mailed in the fall, and the deadline for payment without penalty is February 28 of the following year. It is important to note the following regarding your payments:

• Deadlines: Payments must be received or postmarked by the last day of February to be considered timely.
• Late Penalties: Taxes remaining unpaid after the February deadline are considered delinquent. Interest and penalties accrue monthly until the balance is satisfied.
• Installment Options: While full payment is standard, taxpayers should contact the Greene County Trustee’s office to inquire about potential partial payment plans or specific local arrangements that may be available for delinquent accounts.

Appealing Your Assessment

If you believe the appraised value of your property is inaccurate, you have the right to appeal. The process begins with an informal review with the Greene County Assessor of Property. If you are dissatisfied with the results of that review, you may file a formal appeal with the Greene County Board of Equalization. This board meets annually to hear taxpayer concerns. It is highly recommended that you gather evidence, such as recent appraisals or documentation of comparable home sales in your neighborhood, to support your appeal. If the issue remains unresolved, further appeals may be directed to the State Board of Equalization.