ZIP Code 37841

In ZIP code 37841, near Elgin, homes carry a median value of $158,500 while the county's effective property tax rate sits at 0.51%. That combination yields a yearly tax bill well below what many parts of the country see on comparable housing. Households here earn a median of $50,998, with per-capita income at $27,041, so the tax on a median-valued home amounts to a smaller share of annual earnings than the sticker rate alone might imply. Sales taxes, however, run 9.25% combined, adding cost to everyday purchases that offsets some of the savings homeowners gain at tax time.