ZIP Code 40906

In ZIP code 40906, which centers on Gray, households earn a median of $23,375, while per-capita income stands at $19,550. That leaves little slack once routine costs are covered, so tax rates carry real weight here. A home valued at $129,100 would draw about $852 a year in county property taxes at the 0.66% rate. The combined sales tax of 6.00% applies to everyday purchases, adding a bit more pressure to already stretched paychecks. With earnings this far below state and national medians, everyday spending decisions matter more than they would in higher-income areas.