Franklin, TN — income, home value, property tax, and sales tax.
In ZIP code 37069, near Franklin, homes carry a median value of $815,600, yet the county-level property tax rate of 0.40% keeps annual taxes comparatively contained against that price. Households here earn a median of $157,939, with per-capita income at $81,095, giving many owners substantial earnings alongside their housing costs. A combined sales tax rate of 9.75% applies to purchases in the area. High home values paired with a low effective rate mean property taxes absorb a smaller share of income than they might elsewhere, even as the sales tax adds to everyday expenses.
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