ZIP Code 38261

In ZIP code 38261, near Hornbeak, homes carry a median value of $153,400 while households bring in a median income of $55,876. The county's 0.52% effective property tax rate works out to roughly $800 a year on that median home — a figure that stays low against earnings here. Per-capita income sits at $30,444, so property taxes claim a smaller share of paychecks than in many places. Sales taxes, though, run 9.75% combined, adding cost to everyday purchases. Even so, the gap between what homes cost and what people earn keeps ownership within reach.