Chattanooga, TN — income, home value, property tax, and sales tax.
In ZIP code 37406, which takes in part of Chattanooga, households earn a median of $44,850 a year, while per-capita income comes to $26,872. With a median home value of $168,000 and a county property tax rate of 0.61%, annual property taxes land near $1,025. That leaves sales tax as the more constant pressure: Chattanooga-area purchases carry a combined 9.25% rate, so everyday spending takes a noticeable bite out of paychecks. Housing costs here stay comparatively contained against the income level, but the sales tax rate means day-to-day expenses add up quickly for area households.
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