Lenoir City, TN — income, home value, property tax, and sales tax.
Homes in ZIP code 37885, around Lenoir City, carry a median value of $335,100, and the county-level property tax rate of 0.41% works out to roughly $1,374 a year on a house at that price. With median household income at $78,793 and per-capita income of $42,309, that tax bill takes up a smaller share of earnings than in many places. Sales tax, though, runs 9.25% on purchases. Buyers weighing a move here should factor both the yearly property levy and the higher checkout cost into what they can truly spend.
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