Ardmore, TN — income, home value, property tax, and sales tax.
In ZIP code 38477, near Ardmore, homes carry a median value of $223,200 while the county-level effective property tax rate sits at 0.42%. That combination yields an annual property tax bill of roughly $937 for a median-priced home. With median household income at $60,542 and per-capita income of $31,331, that tax equals about 1.5% of household earnings. A combined sales tax rate of 9.75% applies to purchases in the area. Housing costs here stay within reach of local paychecks, since the property tax on a median home takes a smaller share of income than the sales tax rate might imply at checkout.
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