Gallaway, TN — income, home value, property tax, and sales tax.
In ZIP code 38046, near Gallaway, households earn an average of $43,845 per person, while homes are valued at $362,500. A 0.34% county property tax rate means annual taxes on such a home run roughly $1,233. Sales taxes combine to 9.25%, so everyday purchases take a noticeable bite. With home values outpacing per-capita income, housing costs claim a significant share of earnings, and the sales tax adds further pressure on daily spending. Budgeting here calls for attention to both the property tax bill and the cumulative cost of taxed goods and services.