Chatom, AL — income, home value, property tax, and sales tax.
In ZIP code 36553, near Chatom, homes carry a median value of $185,900 while households bring in a median income of $51,897. The county-level effective property tax rate of 0.23% keeps annual taxes on such a home near $428, a light claim against earnings at that income level. Per-capita income sits at $23,734, so buying here demands careful budgeting even with low taxes. A combined sales tax rate of 5.00% applies to purchases. The gap between home prices and what residents earn matters more than the tax rate itself in shaping who can buy in this area.
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