Franklin, TN — income, home value, property tax, and sales tax.
Households in ZIP code 37179, near Franklin, earn a median of $136,188, with per-capita income at $59,918 — placing the area firmly in affluent territory. Median home values reach $570,200, yet the county-level effective property tax rate sits at just 0.40%, an unusually low figure that keeps annual tax bills down despite steep home prices. Sales tax, by contrast, runs 9.75% on purchases. The combination of high incomes, expensive housing, and a low property tax rate shapes a distinctly well-off profile, where the main tax cost residents encounter day to day comes at the register rather than through their homes.
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