Chatom, AL — income, home value, property tax, and sales tax.
In ZIP code 36581, near Chatom, homes carry a median value of $408,600, and the county-level effective property tax rate of 0.23% yields an annual bill of roughly $940. With per-capita income at $57,625, that tax equals about 1.6% of a resident's yearly earnings — a light load by most standards. The 5.00% combined sales tax applies only to purchases, so it doesn't add to the carrying cost of a home. High property values paired with a low rate keep ownership within reach for buyers earning around the area's income level.