Chattanooga, TN — income, home value, property tax, and sales tax.
In ZIP 37408, near Chattanooga, households earn a median of $81,250, while per-capita income reaches $71,003. Homes here carry a median value of $468,200, and the county-level property tax rate of 0.61% applies to that figure. Sales tax combines to 9.25% on purchases. Together, these figures sketch a cost picture where incomes are solid but housing values are steep, and the property tax rate stays below one percent of value. The sales tax, however, takes a noticeable cut on everyday spending, so a household's overall outlay depends heavily on how much of its income goes toward buying the home itself.
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