ZIP Code 38720

In ZIP code 38720, near Cleveland, households earn a median of $62,639, with per-capita income at $29,621. Homes here are valued at a median of $92,500, and the county-level property tax rate of 1.12% works out to roughly $1,036 a year on that amount. Sales tax adds 7.00% to purchases. Together, the two taxes take a smaller bite than in many places, since the property levy stays contained by the lower home values. Income levels comfortably exceed what the housing stock costs, leaving room in a budget for other expenses.