ZIP Code 38505

In ZIP code 38505, part of the Cookeville area, per-capita income stands at $4,234, so buying a home here hinges heavily on price. The county's effective property tax rate of 0.48% keeps annual bills fairly contained — a $150,000 house would draw roughly $720 a year, though that figure still looms large against such low earnings. Sales tax adds 9.75% to most purchases, trimming what households can set aside for a down payment or closing costs. With income this limited, even a low rate on paper can weigh on ownership.