ZIP Code 38545

Homes around the Cookeville area in ZIP code 38545 carry a median value of $118,100, and the county's 0.46% effective property tax rate works out to roughly $543 a year on a house at that price. With median household income at $59,512 and per-capita income of $30,100, that yearly tax bill takes up a slim share of earnings. Buyers here also face a combined sales tax of 9.75%, which shapes day-to-day costs. Even so, the gap between local wages and home prices keeps owning within reach for many working households.