Knoxville, TN — income, home value, property tax, and sales tax.
In ZIP code 37916, near Knoxville, households report a median income of $14,925, while per-capita income sits at $9,056. A median home value of $269,800 pairs with a county-level effective property tax rate of 0.43%, so annual property taxes on such a home would run roughly $1,160. Sales taxes add 9.25% to most purchases. With earnings this low against a six-figure home value, the property tax bill alone would absorb a significant share of income, and the sales tax rate further tightens day-to-day spending.
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