Sewanee, TN — income, home value, property tax, and sales tax.
In ZIP code 37318, which takes in Sewanee, households bring in a median of $52,125 a year, while per-capita income sits at $22,694. With a median home value of $177,100 and a county property tax rate of 0.53%, annual property taxes land near $939. That leaves sales tax as the bigger ongoing cost, since purchases carry a combined 9.25% rate. Day-to-day spending therefore takes a meaningful bite out of earnings, though housing costs stay contained. Budgets here hinge less on mortgage-driven taxes and more on how much gets spent on taxable goods and services.
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