Nashville, TN — income, home value, property tax, and sales tax.
ZIP code 37203, in Nashville, sits in affluent territory: a median household income of $71,281 and per-capita income of $82,295, paired with a median home value of $549,000. Property taxes run at an effective 0.60% county rate, so a home at that median value generates roughly $3,294 in annual property tax. The combined sales tax rate of 9.75% adds a noticeable cost to everyday purchases. High home values and strong per-capita earnings mark this area as well-off, though the sales tax rate means daily spending carries a heavier load than the property tax rate alone would imply.
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