Ardmore, TN — income, home value, property tax, and sales tax.
In ZIP 38478, which takes in Ardmore, households bring in a median of $61,295 a year, or $33,645 per person. A home valued at $226,200 carries a county property tax bill near $950 annually at the 0.42% rate, a light yearly cost against that income. Sales taxes, though, run 9.75% on purchases, so everyday spending takes a bigger bite than the property levy does. Budgeting here leans on watching consumption costs more than housing taxes, since the gap between what families earn and what they owe on their homes stays fairly wide.
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