ZIP Code 37377

In ZIP code 37377, near Chattanooga, homes carry a median value of $529,500, and the county-level effective property tax rate of 0.61% yields an annual bill of roughly $3,230. With median household income at $119,636 and per-capita income at $68,322, that tax equals about 2.7% of household earnings. Combined with a 9.25% sales tax rate, housing costs and consumption taxes together shape the local cost of living. High home values here mean buyers need substantial income or equity, and the property tax applies to that elevated assessment base.