ZIP Code 37341

Homes in ZIP code 37341, part of the Chattanooga area, carry a median value of $290,800, and the county-level effective property tax rate of 0.61% works out to roughly $1,774 a year on that median home. With median household income at $92,120 and per-capita income of $42,479, that tax bill takes a smaller share of earnings than in many places. Sales taxes run 9.25% on purchases, which adds to the overall cost of living. Even so, the gap between what households earn and what housing costs here tends to leave room in the budget.