Collinwood, TN — income, home value, property tax, and sales tax.
Households in the 38450 ZIP code, centered on Collinwood, bring in a median income of $42,887, while per-capita income reaches $32,031. A median home value of $107,700 keeps housing costs within reach of those earnings. County property taxes run at an effective rate of 0.49%, so a home at that median value generates roughly $528 in annual taxes. Sales taxes add up to 9.75% on purchases, a figure shoppers notice at the register. With income and home prices aligned this way, daily spending decisions carry real weight in household finances here.
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