Chattanooga, TN — income, home value, property tax, and sales tax.
In ZIP code 37373, near Chattanooga, homes carry a median value of $310,800, while the county-level property tax rate sits at 0.61%. That works out to roughly $1,896 in annual property taxes on a median-valued home. With median household income at $54,974, that tax bill equals about 3.4% of yearly earnings. Per-capita income reaches $32,416. Shoppers here also pay a 9.25% combined sales tax. The gap between home prices and local earnings shapes who can buy, since a median-priced house costs several times what a median household brings in each year.
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