Chattanooga, TN — income, home value, property tax, and sales tax.
ZIP code 37407, in the Chattanooga area, is a working-class community where median household income sits at $35,845 and per-capita income reaches $15,455. Homes here carry a median value of $98,900, and the county-level property tax rate of 0.61% keeps annual tax bills on such a home below $700. A combined sales tax rate of 9.25% adds cost to everyday purchases, which weighs on budgets in a ZIP where earnings trail national figures. These figures point to a neighborhood getting by on limited means, with property taxes taking a smaller bite than the sales tax applied at the register.
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