Gallaway, TN — income, home value, property tax, and sales tax.
In ZIP code 38049, near Gallaway, homes carry a median value of $161,300 while the county's effective property tax rate sits at 0.34%. That combination yields an annual tax bill of roughly $548, a figure that sits easily against a median household income of $59,500 and per-capita income of $37,457. Buyers here can expect housing costs that track well below what those earnings might support elsewhere. One offsetting factor is the combined sales tax rate of 9.25%, which raises the cost of everyday purchases and slightly narrows the overall advantage.
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