ZIP Code 37705

In ZIP code 37705, near Knoxville, homes carry a median value of $286,400, and the county-level property tax rate of 0.54% works out to roughly $1,547 a year for a house at that price. With median household income at $79,262 and per-capita income at $42,766, that tax bill absorbs a slim share of annual earnings. The combined sales tax rate of 9.75% applies to purchases rather than property, so it does not add to the ownership cost. Together these figures indicate that buying a home here leaves considerable income available for other expenses.