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Updated 2025 Tax Year

Henry County
Property Tax Guide

Everything you need to know about property taxes in Henry County, TN. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
Varies by district - base county rate plus municipal and special district additions
Exemptions
4+ Available
Section 1

How Property Tax Works

Henry County, Tennessee operates under the state's property tax system where property taxes fund essential local services including public schools, county government operations, emergency services, and infrastructure maintenance. The county assesses real property at 25% of its appraised market value, with tax rates applied to this assessed value. Property owners in Henry County should expect effective tax rates that vary based on their specific location within the county.

Actual tax rates differ throughout Henry County due to special taxing districts, municipal boundaries, and various local assessments. Property owners may pay different rates depending on whether they're located within city limits, school district boundaries, or special service districts. The county works in conjunction with municipalities like Paris to determine final tax rates, with the state calculating certified property tax rates that are finalized mid-year for the following fiscal year.

Section 2

What Makes Up Your Tax Bill

ComponentRate per $100 Assessed ValueDescription
County GeneralVaries by districtBasic county services and operations
School DistrictIncluded in total ratePublic education funding
Real Estate Total$0.555 (FY 2026)Combined rate for real property
Personal Property$0.555 (FY 2026)Movable property and machinery

Note: The FY 2026 rate of $0.555 per $100 assessed value applies to real estate. The FY 2025 rate has not yet been finalized. Rates may vary by special taxing districts within Henry County, including municipal areas and special service districts.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Henry County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Henry County are additional property tax assessments that occur when there are changes to property ownership, new construction, or improvements made after the regular assessment period. These taxes are calculated based on the difference between the old and new assessed values, prorated for the portion of the tax year remaining after the change occurs.

For example, if a property owner completes a $50,000 home addition in March, the county assessor will calculate the additional assessed value (25% of $50,000 = $12,500) and apply the current tax rate for the remaining months of the fiscal year. This supplemental tax would be billed separately from the regular annual property tax bill.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value (25%): $75,000
  • Less Homestead Credit (if applied): Varies by qualification
  • Net Taxable Value: $75,000 (assuming no credits)
  • Annual Tax ($0.555 rate): $416.25
  • Monthly Escrow: $34.69

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value (25%): $150,000
  • Less Available Credits: Varies by application
  • Net Taxable Value: $150,000 (assuming no credits)
  • Annual Tax ($0.555 rate): $832.50
  • Monthly Escrow: $69.38

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value (25%): $250,000
  • Less Applied Credits: Varies by qualification
  • Net Taxable Value: $250,000 (assuming no credits)
  • Annual Tax ($0.555 rate): $1,387.50
  • Monthly Escrow: $115.63

Note: Tax credits require separate application and are not automatically applied. Actual taxes may vary based on special district rates.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Henry County require property tax escrow accounts, collecting monthly payments along with your mortgage payment to ensure timely tax payment. Lenders typically collect 1/12th of your estimated annual property tax bill each month, plus a cushion amount as allowed by federal regulations. The escrow account pays your property taxes directly to Henry County when they become due.

Property owners should verify that their lender has current tax information, as assessment changes or applied credits can affect the required escrow amount. Lenders conduct annual escrow analyses and may adjust monthly payments based on actual tax bills received. If you pay taxes independently without escrow, ensure payments are made by the county's due dates to avoid penalties and interest charges.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are Henry County property taxes due for the current fiscal year? A: Tax schedules are typically mailed by February 1st, with returns due March 1st and deposit submissions due July 10th. Specific due dates may vary, so check your tax bill or contact the county assessor for exact dates.

Q: What tax credits are available and do they apply automatically? A: Tennessee offers homestead credits and other property tax credits, but these require separate applications and are NOT automatic. Contact the Henry County Assessor's office to determine eligibility and obtain application forms.

Q: How does the homestead credit work? A: The homestead credit in Tennessee typically caps annual assessment increases rather than reducing market value. This credit requires filing an application and meeting residency requirements. It does not automatically reduce your property's assessed value.

Q: When does the county reassess properties? A: Tennessee counties follow state-mandated reappraisal schedules. Contact the Henry County Assessor's office for the current reappraisal cycle and appeal deadlines if you disagree with your assessment.

Q: What happens if I pay my property taxes late? A: Late payments typically incur penalties and interest charges. Contact the Henry County Trustee's office for specific penalty rates and payment options for delinquent taxes.

Q: Can I pay my property taxes online? A: Check the Henry County government website or contact the county trustee's office for current online payment options and accepted payment methods.

Q: Why do property tax rates vary within Henry County? A: Tax rates differ based on special taxing districts, municipal boundaries, school districts, and local assessments. Properties within city limits or special service areas may have additional tax components.

Q: How do I apply for available tax credits? A: Contact the Henry County Assessor's office for application forms and deadlines. Most credits require annual application and documentation of eligibility, such as age, disability, or veteran status verification.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
Henry County Board of Supervisors Minutes April 29, 2025 ...henrycountyva.gov
02
June-Special-Called-2025-Agenda. ...paristn.gov
03
CITY OF PARIS, TENNESSEE BOARD OF ...paristn.gov
04
Important Noticestn.gov
05
Tangible Personal Propertycomptroller.tn.gov
06
Tennessee's Homestead Exemptionstn.gov
07
TENNESSEE'S HOMESTEAD EXEMPTIONS Adjusting ...tn.gov
08
Homestead Exemption in Tennesseetn.gov
09
County
Auditor: Real Property Information - Henry County Government ...auditor.henrycounty33.us
10
County
Henry County, Tennesseecomptroller.tn.gov
All sources verified as of 2025 Tax Year

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