Example of Claiborne County Property Tax Calculation
Claiborne County calculates property taxes based on the value of the property owned. For example, if a property is valued at $100,000, the property tax rate for Claiborne County is 2.25%.
To calculate the property tax, first, you multiply the property value by the tax rate:
$100,000 x 0.0225 = $2,250
So, the property owner in Claiborne County with a property valued at $100,000 would owe $2,250 annually in property taxes.
It's important to note that property tax rates can vary depending on the location within Claiborne County and any additional taxes or fees that may apply. It's always best to check with the county assessor's office or a tax professional for accurate and up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
Claiborne County Property Tax Rates
The Claiborne County Property Tax rates are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General | $2.03 |
| General Fund | $0.97 |
| Education Fund | $2.45 |
| Debt Service | $0.47 |
| Highway Fund | $1.43 |
| Refuse | $0.53 |
Overall, property owners in Claiborne County can expect to pay a total of $7.88 per $100 of assessed value in property taxes. It is important to keep in mind that these rates are subject to change and property owners should check with their local government for the most up-to-date information.
Who sets property tax rates in Claiborne County ?
Property Tax Rates in Claiborne County, USA
Who sets the Property Tax Rates?
The property tax rates in Claiborne County, USA, are set by the Claiborne County Board of Supervisors. The board is responsible for determining the tax rate each year based on the county's budgetary needs.
When are the Property Tax Rates set?
The Claiborne County Board of Supervisors sets the property tax rates annually before the start of the fiscal year. The fiscal year for Claiborne County runs from October 1st to September 30th of the following year. The board usually sets the property tax rates during the budgeting process, which typically takes place in the spring and early summer months. Once the property tax rates are set, property owners can expect to receive their tax bills in the mail shortly thereafter.
If you have any questions regarding property tax rates in Claiborne County, it's recommended that you contact the Claiborne County Board of Supervisors directly.
Homestead exemptions in Claiborne County ?
To help Claiborne County, Tennessee residents navigate the county specific Homestead exemptions and deductions, we've compiled a comprehensive table with all the relevant details. Here are the columns you can expect to see:
| Column | Description |
|---|---|
| Exemption | This column will include all the different types of exemptions available in Claiborne County. |
| Eligibility | The eligibility criteria needed to claim each exemption will be listed in this column. |
| Amount | Residents will be able to see how much of a deduction they can expect to receive for each exemption in this column. |
| Notes | Any additional notes or specific requirements for claiming the exemption will be detailed in this column. |
Some of the exemptions that Claiborne County residents may be eligible for include the Disability Exemption, Elderly Exemption, and Veterans Exemption.
The Disability Exemption is available to individuals who are permanently and totally disabled. To be eligible, they must have a disability rating of 100% as determined by the Veterans Administration, the Social Security Administration, or a physician's certification.
The Elderly Exemption is available to those who are 65 years of age or older, and have an income that is below a certain threshold. The threshold changes each year, so it's important to check current eligibility requirements.
The Veterans Exemption is available to veterans who were honorably discharged and meet certain criteria. This exemption can vary depending on the veteran's service record and disability rating.
It is important to note that some exemptions may have specific requirements and limitations that aren't included here. To ensure that you are eligible and have all the necessary documentation, it's recommended to consult with a local tax professional or the Claiborne County Assessor's office.
When is Claiborne County Property Tax due ?
Claiborne County Property Tax Due Date and Payment Methods
Property taxes are essential revenue sources for local governments in the United States, including Claiborne County. If you are a property owner in Claiborne County, you must pay your property taxes annually. Here's what you need to know about Claiborne County property tax due date and payment methods:
Due Date
Claiborne County Property Tax is typically due on the last day of February every year. However, if the last day of February falls on a weekend or a holiday, the due date will be extended to the next business day. It's essential to pay your property tax on time to avoid penalties and interest charges.
Payment Methods
Claiborne County offers various payment methods for property taxes, including:
- In-person: You can pay your property tax in person at the Claiborne County Trustee's office. The office is located at 1740 Main Street, Tazewell, TN 37879. You can pay with cash, check, or money order.
- By mail: You can mail your property tax payment to the Claiborne County Trustee's office. The mailing address is 1740 Main Street, Suite 101, Tazewell, TN 37879. Make sure to include your property tax bill and a check or money order payable to "Claiborne County Trustee."
- Online: You can pay your property tax online through the Claiborne County Trustee's website. The website accepts credit and debit cards, e-checks, and PayPal. You will need your property tax bill number and the amount due to complete the transaction.
- By phone: You can pay your property tax by phone by calling the Claiborne County Trustee's office at (423) 626-5239. You will need your property tax bill number and a credit or debit card to complete the transaction.
It's essential to note that paying your property tax is your responsibility as a property owner in Claiborne County. If you have any questions or concerns about your property tax bill or payment methods, contact the Claiborne County Trustee's office for assistance.
If you have more questions - contact your local tax collector.
How is Claiborne County Property Tax penalty calculated ?
Claiborne County calculates property tax penalties based on a set formula. The penalty accrues at a rate of 1.5% per month, or 18% per year, on any unpaid property taxes.
To illustrate how this works, let's say that a property owner in Claiborne County owes $1,000 in property taxes for the year. If they fail to pay by the due date, which is typically February 28th, they will be subject to a penalty of 1.5% for March, or $15. This brings their total amount owed to $1,015. If they still haven't paid by the end of April, they will be charged another 1.5% penalty on the new total of $1,015, or $15.23. Their total amount owed will now be $1,030.23.
This process will continue each month until the taxes are paid in full. The table below shows how the penalty would accumulate over the course of a year based on this example:
| Month | Total Amount Owed | Penalty |
|---|---|---|
| Mar | $1,015 | $15 |
| Apr | $1,030.23 | $15.23 |
| May | $1,045.86 | $15.63 |
| Jun | $1,061.91 | $16.05 |
| Jul | $1,078.38 | $16.48 |
| Aug | $1,095.28 | $16.92 |
| Sep | $1,112.62 | $17.37 |
| Oct | $1,130.40 | $17.83 |
| Nov | $1,148.63 | $18.31 |
| Dec | $1,167.31 | $18.80 |
| Jan | $1,186.44 | $19.30 |
| Feb | $1,206.03 | $19.82 |
It's important to note that these penalties only apply to unpaid property taxes. If a property owner pays some of their taxes on time but still owes a balance, they will only be subject to penalties on the outstanding amount. Additionally, property owners who are facing financial hardship may be eligible for payment plans or other assistance to help them avoid penalties and interest.
We recommend contacting the Claiborne County Tax Office or a local tax professional for the most up-to-date and accurate information.