Gallaway, TN — income, home value, property tax, and sales tax.
In ZIP code 38017, near Gallaway, homes carry a median value of $495,200 while the county-level effective property tax rate sits at 0.97%, yielding an annual bill of roughly $4,800. Households here earn a median of $138,677, so that tax equals about 3.5% of yearly income — a share that housing costs alone don't fully capture once the 9.75% combined sales tax is added on everyday purchases. Per-capita income reaches $65,812. Buyers weighing this market should consider how the property tax, sales tax, and elevated home prices together shape what a given income can actually support.
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