ZIP Code 38737

In ZIP code 38737, near Drew, homes carry a median value of $77,800, and the county's 0.93% effective property tax rate works out to roughly $724 a year on such a home. That figure lands against a median household income of $28,343 and per-capita income of $17,197, so the annual tax equals about 2.6% of what a typical household earns. Combined with a 7.00% sales tax on purchases, the overall cost of living here weighs steadily on limited earnings, even though property values themselves stay low.