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Taxes in Knoxville, Tennessee

Complete tax guide for Knoxville, TN. No state income tax, 0.65% property tax, 9.25% sales tax. Calculate your total tax burden.

State Income Tax

None

Tennessee

Property Tax

0.65%

Effective rate

Sales Tax

9.25%

Combined rate

Tax Burden

Very Low

Knoxville, TN Tax Overview

No state income tax; University of Tennessee

Population

190,740

Median Income

$42,918

Cost of Living

89.3 (100 = avg)

State Income Tax

None

Median Home Price

$250,000

Knoxville Tax Calculator

Pre-filled with Knoxville median: $42,918

Total Tax Burden in Knoxville

$6,395

Take-Home: $36,523 · Effective Rate: 14.90%

Federal Tax

$3,112

7.25% eff.

TN State

$0

0.00% eff.

FICA

$3,283

7.65% eff.

Take-Home

$36,523

85.10% kept

Tax Breakdown

Take-Home 85.10%
FICA
Take-Home Federal Tax FICA
ItemAnnualMonthly
Gross Income$42,918.00$3,576.50
Federal Income Tax-$3,111.66-$259.31
Tennessee State Tax$0.00$0.00
Social Security (6.2%)-$2,660.92-$221.74
Medicare (1.45%)-$622.31-$51.86
Take-Home Pay$36,523.11$3,043.59

Property Tax in Knoxville

Median Home

$250,000

Annual Tax

$1,625

Monthly Tax

$135

Effective Rate

0.65%

vs. National Average (1.1%)$-1,125/yr
Median Property Tax Paid$1,625/yr

Sales Tax in Knoxville

Combined Rate

9.25%

State Portion

~6.8%

Local Portion

~2.5%

The combined sales tax rate in Knoxville is 9.25%, which is above the national average of 7.12%. On a $100 purchase, you would pay $9.25 in sales tax.

Tax Burden Comparison

Tax TypeKnoxvilleTennessee AvgNational Avg
Income TaxNoneNone4.6%
Property Tax0.65%~0.65%1.1%
Sales Tax9.25%~9.25%7.12%
Overall BurdenVery LowModerate

Tax Saving Tips for Knoxville Residents

  • Tennessee has no state income tax, meaning your income is only subject to federal taxes and FICA. Consider investing your tax savings into a Roth IRA for tax-free growth.
  • Property tax in Knoxville (0.65%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • The combined sales tax rate of 9.25% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Tennessee Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Knoxville, TN?

Knoxville, Tennessee has no state income tax. The property tax rate is 0.65% and the combined sales tax rate is 9.25%. No state income tax; University of Tennessee

How much is property tax in Knoxville?

The effective property tax rate in Knoxville is 0.65%. On the median home price of $250,000, this equals approximately $1,625 per year or $135 per month. This is below the national average of 1.1%.

What is the sales tax rate in Knoxville?

The combined sales tax rate in Knoxville is 9.25%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Knoxville's tax burden compare to other cities?

Knoxville has a very low overall tax burden. The effective total tax rate for a median-income household is approximately 22%. The absence of state income tax significantly reduces the overall burden. Cost of living index is 89.3 (100 = national average).

Are there any local taxes in Knoxville?

Knoxville does not impose a separate local or city income tax. Residents pay no state income tax, federal income tax, and FICA (Social Security and Medicare). No state income tax; University of Tennessee