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.
Example
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 |
NO State Income Tax
Sales Tax Rate = 9.25%
(includes state, county & local)