Grapevine, AR — income, home value, property tax, and sales tax.
In ZIP code 71602, near Grapevine, households earn a median of $55,204, while per-capita income sits at $31,583. That earnings level shapes how housing and taxes fit together here. A median home value of $157,100 paired with a 0.66% county property tax rate means annual property taxes stay under about $1,040, a figure that leaves breathing room in many monthly budgets. Sales taxes, though, run 9.38% combined, so everyday purchases cost more. The balance between lighter property taxes and a higher sales tax rate means daily spending choices carry weight alongside the cost of owning a home.
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