Lafayette, TN — income, home value, property tax, and sales tax.
In ZIP code 37057, near Lafayette, homes carry a median value of $224,200, and the county's 0.34% effective property tax rate works out to roughly $762 a year on a home at that price. With median household income at $78,940, that tax bill equals less than one percent of annual household earnings, while per-capita income sits at $30,128. Buyers here also pay a 9.25% combined sales tax on purchases. The gap between what homes cost and what households bring in shapes how far a paycheck stretches once a mortgage and daily expenses are covered.
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