ZIP Code 51601

In ZIP code 51601, near Farragut, homes carry a median value of $124,200, and the county's 1.41% effective property tax rate works out to roughly $1,751 a year on such a home. With median household income at $62,143, that tax equals about 2.8% of annual earnings, while per-capita income sits at $34,465. A 7.00% combined sales tax applies to purchases. The gap between home prices and local wages shapes who can buy here, and the property levy adds a recurring cost that buyers weigh alongside their mortgage.