Nashville, TN — income, home value, property tax, and sales tax.
In ZIP code 37205, part of the Nashville area, homes carry a median value of $953,300, and the county-level effective property tax rate of 0.60% yields an annual bill near $5,720. Households here report a median income of $139,152, with per-capita income at $107,106, so that tax equals roughly four percent of median household earnings. Combined sales tax reaches 9.75%, adding to everyday costs. High home values paired with a low rate keep the annual obligation far below what a steeper rate would produce, though the absolute dollar amount still reflects the expensive housing stock.
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