Knoxville, TN — income, home value, property tax, and sales tax.
Households in ZIP code 37840, near Knoxville, report a median income of $75,881, with per-capita income at $39,417. A median home value of $203,600 pairs with a county property tax rate of 0.52%, so annual property taxes on such a home come to roughly $1,059. Sales tax in the area totals 9.00%, a cost that applies to everyday purchases rather than income or property. Together these figures sketch a straightforward picture: steady earnings, home prices below many metro areas, and a property tax that takes a slim slice of yearly income, though the sales tax adds up on routine spending.
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