2026 Assessment for Loudon County

Will my taxes go up?

This is always the question, but the answer depends on several factors. If your home or property assessment change was above the average, meaning considerably undervalued before the assessment so you are seeing a 70% or more increase, then it is likely you will pay a higher tax bill for 2026. On the other hand, if your home or property assessment change was less than the average, you may actually see a tax decrease.

How can a lower tax bill happen?

Mostly with new home that was just added to tax roles, because its value was already close to the market value. In such a case the assessment value will be below the average of the overall average change, which adjusts the tax rate down. A new homeowner (<5 yrs old) will see a decrease or a smaller increase, because they were already paying on a market value assessment.

So who gets the bigger tax bill?

Generally older homes that have not been sold or adjusted to market since the previous assessment 5 years ago are seeing above average increases, with some more than doubling in value. Because the tax rate is adjusted down based on an average of values to be revenue neutral for an entire jurisdiction, not per property, the properties to see an increase are the ones seeing the highest percentage increases.

Tax rate will adjust down so you won't pay more.

Not true. It depends on the individual property value and how much it changed verse others.

So how much will I pay?

The property tax rates adjust down, but each jurisdiction during budget cycle has the option to increase the rate to balance budget. We don't know the final rates until later in the year, when each jurisdiction adopts a 2026-2027 budget and associated tax rates.

To get an estimate now, based on no adjustments by the jurisdictions using preliminary tax rate as they are currently predicted, use your assessment letter and plug in your "Assessement" values (25% of Appraised) into this form:

https://loudoncounty-tn.gov/2026-reappraisal-projected-tax-calculations/

This will tell you if your taxes are going up or down, but this is only an estimate. Your real tax bill comes in the fall and will be due by last day of February 2027.

Summary

If you are sitting in a wonderful new house, enjoy less taxes. If you are sitting in an older home that doubled in value, start saving for a bigger tax bill than you had last year. If you believe your appraised value is way more than market, contact Mike Campbell's office. Be prepared, have real sales data of homes around you, ask about the process for appeal. Real estate values have been going up for years, and this is just catch up to actual sale prices. It is my opinion assessments should be down more frequently so we don't see these huge jumps in values.  Mike and his staff only are doing their job, and taxes are part of life, so go easy and come to them with data not emotions.