Property Tax Rates
Loudon County has the second lowest property tax rate in the East Tennessee Region.
County property tax rate = $1.84/$100
Note: Tennessee Real Estate taxes are paid in arrears.
The bill comes out in October and can be paid as late as February 28th with no penalties.
|Assessed Value of Home||$500,000.00|
|25% of Assessed Value||$125,000.00|
|2015 Millage Rate||17.8mills (0.017869)|
|Real Estate Tax = ($125,000) x (0.017869mills)||= $2300.00|