Nashville, TN — income, home value, property tax, and sales tax.
In ZIP code 37201, within Nashville, homes carry a median value of $621,200, and the county-level effective property tax rate of 0.60% yields an annual bill near $3,727. With median household income at $114,229, that levy absorbs roughly 3.3% of a year's earnings, a share many homeowners can absorb without strain. Per-capita income reaches $67,308. Day-to-day costs run higher: the combined sales tax rate is 9.75%, so purchases take a bigger bite. The tension here is not the property tax itself but the price of entry, since a six-figure median value demands substantial income to finance.
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