Grapevine, AR — income, home value, property tax, and sales tax.
Grapevine's 72015 ZIP code sits squarely in middle-income territory, with a median household income of $66,107 and per-capita income of $34,318. Homes here carry a median value of $180,300, and the county-level property tax rate of 0.62% keeps annual tax bills comparatively contained. A combined sales tax rate of 9.00% applies to purchases, which adds up over time for a household at this income level. On balance, the tax structure here leans more on consumption than on property, so what someone pays depends heavily on spending habits rather than just the value of their home.
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