Nashville, TN — income, home value, property tax, and sales tax.
In ZIP code 37221, near Nashville, homes carry a median value of $463,900, and the county's 0.60% effective property tax rate works out to roughly $2,783 a year on such a home. Households here earn a median of $97,751, with per-capita income at $59,079, so that tax bill absorbs under 3% of typical annual household earnings. Combined with a 9.75% sales tax rate, the overall cost of living leans on consumption as much as property. High home values paired with strong incomes keep the ownership costs within reach for many buyers in this area.
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