Lafayette, TN — income, home value, property tax, and sales tax.
In ZIP code 37074, which takes in Lafayette, households earn a median of $71,914 a year, while per-capita income sits at $28,608. Homes here carry a median value of $329,600, and the county's 0.34% effective property tax rate means the annual tax bill on such a home stays under roughly $1,150. Day-to-day purchases, though, face a combined sales tax of 9.75%, so a larger share of spending money goes to state and local levies at checkout. With earnings above the per-person figure and housing costs taxed so lightly, the pressure on a household budget leans more toward consumption taxes than property taxes.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.