Memphis, TN — income, home value, property tax, and sales tax.
In the 38134 ZIP code near Memphis, households earn a median of $60,622, while per-capita income sits at $28,888. A home valued at $207,000 would carry property taxes around 0.97% at the county level, and purchases face a combined sales tax of 9.75%. Those figures shape how far a paycheck stretches: housing costs take a slice, and everyday spending carries a higher sales tax load. With income spread across a household, the gap between median earnings and per-person income hints at varied household sizes, so spending power differs widely from one address to the next.
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