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Updated 2025 Tax Year

McMinn County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
$1.3212 per $100 assessed value (base county rate), varies by district with municipal and school additions
Exemptions
5+ Available
Section 1

How Property Tax Works

McMinn County, Tennessee operates on a property tax system that funds essential local services including schools, public safety, infrastructure, and county operations. Property taxes are calculated based on the assessed value of your property multiplied by the applicable tax rate. The county reassesses properties periodically, with the most recent reappraisal affecting the 2025-2026 tax rates.

The effective tax rate in McMinn County varies by location within the county due to special taxing districts, municipal boundaries, and school district variations. For the 2025-2026 levy year, the base county rate is $1.3212 per $100 of assessed value, representing a significant decrease from the previous year's rate of $2.0997 following the recent reappraisal. Your actual tax rate may differ based on your specific location within McMinn County, as additional assessments for special districts, municipal services, or school bonds may apply to your property.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100)Description
County General$1.3212Base county operations, services, and administration
School DistrictVariesPublic education funding (rate varies by school district)
MunicipalVariesCity services (if located within city limits)
Special DistrictsVariesFire districts, utility districts, or other special assessments

Levy Year: 2025-2026 Fiscal Year

Note: The rates shown reflect the post-reappraisal adjustment for 2025-2026. Properties located within incorporated cities or special taxing districts will have additional rates applied. Contact the McMinn County Tax Assessor's Office at (423) 649-2050 for your specific location's complete tax rate breakdown.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in McMinn 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 McMinn County are additional property tax assessments that occur when there are changes to property ownership, new construction, or improvements that increase the assessed value outside of the regular assessment cycle. These taxes are calculated based on the difference between the old and new assessed values, multiplied by the applicable tax rate, and prorated for the remaining portion of the tax year.

Common triggers for supplemental taxes include: completion of new construction projects, significant property improvements or additions, subdivision of land, or correction of assessment errors. For example, if you complete a home addition valued at $50,000 in December, you would receive a supplemental tax bill for the increased assessed value (typically $50,000 × 25% assessment ratio = $12,500 additional assessed value) multiplied by your tax rate, prorated for the remaining months of the tax year.

Example Calculation

Example 1: $300,000 Property Value

  • Market Value: $300,000
  • Assessed Value (25%): $75,000
  • Less: Property Tax Relief Credit (if eligible): -$7,500
  • Net Taxable Value: $67,500
  • Annual Tax ($67,500 × $1.3212/$100): $892
  • Monthly Escrow: $74

Example 2: $600,000 Property Value

  • Market Value: $600,000
  • Assessed Value (25%): $150,000
  • Less: Homestead Credit (if eligible): -$15,000
  • Net Taxable Value: $135,000
  • Annual Tax ($135,000 × $1.3212/$100): $1,784
  • Monthly Escrow: $149

Example 3: $1,000,000 Property Value

  • Market Value: $1,000,000
  • Assessed Value (25%): $250,000
  • Less: Available Credits (if applicable): -$25,000
  • Net Taxable Value: $225,000
  • Annual Tax ($225,000 × $1.3212/$100): $2,973
  • Monthly Escrow: $248

Note: All tax credits require annual application and eligibility verification. Rates shown are base county rates and may be higher with municipal or special district taxes.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in McMinn County require property tax escrow accounts to ensure timely payment of property taxes. Your lender collects 1/12 of your estimated annual property tax bill with each monthly mortgage payment and deposits these funds into an escrow account. The lender then pays your property taxes directly to McMinn County when they become due in October.

Property taxes in McMinn County are due beginning October 1st and must be paid by February 28th of the following year. Lenders typically pay taxes in late fall or early winter to avoid any late penalties. You should receive an annual escrow analysis from your lender showing the account activity and any adjustments needed for the coming year. After the recent reappraisal and rate changes for 2025-2026, many homeowners may see significant adjustments to their escrow payments, so review your escrow analysis carefully and contact your lender with questions about payment changes.

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 property taxes due in McMinn County for the current fiscal year? A: Property taxes for the 2025-2026 levy year are due beginning October 1st and must be paid by February 28, 2026. Late payments are subject to penalties and interest.

Q: What tax credits are available and do I need to apply? A: McMinn County offers several tax credits including Property Tax Relief for qualifying seniors and disabled homeowners, and Homestead Credits that limit assessment increases. All credits require annual application and are NOT automatic - you must apply each year by the specified deadline.

Q: How does the Homestead Credit work? A: The Homestead Credit limits the annual increase in your property's assessed value for tax purposes, typically to no more than 10% per year. This credit does not reduce your property's market value but caps assessment growth. You must file an application to receive this benefit.

Q: When is the application deadline for tax credits? A: Most property tax credit applications must be filed by December 31st of the tax year. Contact the McMinn County Tax Assessor's Office at (423) 649-2050 for specific deadlines and application forms.

Q: How often does McMinn County reassess properties? A: McMinn County conducts periodic reappraisals as required by state law. The most recent reappraisal was effective for the 2025-2026 tax year. Property owners have the right to appeal their assessment within 60 days of notification.

Q: What are the penalties for late payment? A: Late payments are subject to penalties and interest charges. Taxes become delinquent on March 1st if not paid by February 28th, and additional penalties accrue monthly thereafter.

Q: Can I pay my property taxes online? A: Yes, McMinn County offers online payment options. Visit the county website or contact the County Trustee's office for available payment methods and any associated convenience fees.

Q: Why did my tax rate decrease but my tax bill increase? A: Following the 2025-2026 reappraisal, tax rates decreased significantly but many property values increased. Your total tax bill is calculated by multiplying your assessed value by the tax rate, so higher property values can result in higher taxes even with lower rates.

Q: Do special districts affect my tax rate? A: Yes, properties located within special taxing districts (fire districts, utility districts, etc.) or incorporated cities have additional tax rates applied beyond the base county rate of $1.3212 per $100 of assessed value.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed within 60 days of receiving your assessment notice. Contact the McMinn County Board of Equalization through the Tax Assessor's Office to begin the appeal process and obtain the necessary forms.

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