Knoxville, TN — income, home value, property tax, and sales tax.
ZIP 37931, near Knoxville, sits in solidly middle-to-upper-income territory, with a median household income of $92,150 and per-capita income of $43,533. Homes here carry a median value of $359,600, and the county-level property tax rate of 0.43% keeps annual bills comparatively restrained given that valuation. A combined sales tax rate of 9.25% applies to purchases in the area, adding to the overall cost of living. Together these figures describe a community where earnings outpace many parts of the region, homeownership carries a lighter tax imprint, and everyday spending absorbs a fairly standard rate.
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