Chattanooga, TN — income, home value, property tax, and sales tax.
ZIP code 37403, in Chattanooga, sits in middle- to upper-income territory, with a median household income of $81,136 and per-capita income of $39,217. Home values run high: the median property is worth $525,200, and the county's 0.61% effective property tax rate yields a comparatively contained annual bill on that value. Sales taxes are another matter, combining to 9.25% on purchases. Altogether, this is a comfortably earning area where real estate carries significant value but property taxation stays restrained, while everyday spending absorbs a fairly steep sales tax rate.
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