Rate Breakdown

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

How Property Tax Works in Grundy County

Property tax in Grundy County, Tennessee, is administered by the Grundy County Trustee's office. The assessment process begins with the Grundy County Assessor's office, which determines the value of all properties within the county.

• The Assessor's office uses a combination of methods to determine property values, including:
• Market analysis
• Income-based approach
• Cost approach

Once the property values are determined, the Trustee's office calculates the millage rates, which include the county's property tax rate, school district rates, and other local tax rates.

The total millage rate for Grundy County, including county, school, and local tax rates, is subject to change each year. Homeowners can contact the Trustee's office or visit their website for the most up-to-date information on millage rates.

Available Exemptions

Grundy County offers several exemptions that can help reduce property tax liability:

• Homestead Exemption: Available to homeowners who qualify, this exemption reduces the taxable value of the property by $175,000.
• Senior Citizen Exemption: Available to homeowners aged 65 and older, this exemption reduces the taxable value of the property by $39,600.
• Disability Exemption: Available to homeowners with a disability, this exemption reduces the taxable value of the property by $175,000.
• Veteran Exemption: Available to honorably discharged veterans, this exemption reduces the taxable value of the property by $175,000.

To qualify for these exemptions, homeowners must meet specific eligibility requirements and file an application with the Grundy County Assessor's office by the deadline.

Payment Schedule & Deadlines

Property tax payments in Grundy County are due on November 30th of each year. Homeowners can choose to pay their property taxes in full or opt for the installment payment plan.

• Full Payment: Pay the total tax amount due by November 30th to avoid late fees.
• Installment Payment Plan: Divide the tax amount into two or three installments, due on:
• November 30th
• February 28th (first installment due date)
• May 31st (second installment due date)

Failure to make timely payments may result in late fees and penalties, which can add up quickly. Homeowners are encouraged to make timely payments or contact the Trustee's office to discuss payment options.

Appealing Your Assessment

Homeowners who disagree with their property assessment can appeal to the Grundy County Board of Equalization.

• Appeal Deadline: File an appeal within 60 days of receiving the notice of assessment.
• Appeal Process: Submit an appeal form to the Grundy County Assessor's office, which will review the appeal and schedule a hearing before the Board of Equalization.
• Board of Equalization Hearing: Homeowners will have the opportunity to present their case and provide evidence to support their appeal.

Homeowners are advised to gather all necessary documentation and evidence to support their appeal and to contact the Grundy County Assessor's office for guidance on the appeal process.