Knoxville, TN — income, home value, property tax, and sales tax.
ZIP code 37923, in the Knoxville area, sits squarely in middle-income territory, with a median household income of $73,699 and per-capita income of $40,649. Homes here carry a median value of $333,000, and the county-level property tax rate of 0.43% applies to that figure. Shoppers pay a combined sales tax of 9.25%, a rate that adds up quickly on everyday purchases. The gap between the area's earnings and its housing prices shapes daily life, while the property tax rate keeps annual ownership costs below what many comparable markets charge.
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