ZIP Code 38562

In ZIP code 38562, near Cookeville, households bring in a median income of $39,398, while per-capita income sits at $30,783. A median home value of $148,100 pairs with a county property tax rate of 0.46%, so annual property taxes stay low in dollar terms. The 9.75% combined sales tax, however, takes a noticeable bite out of everyday spending, which matters more when earnings are limited. With income at this level, housing costs may be within reach, but the sales tax rate shapes the weekly grocery and household budget in ways that property taxes do not.