Grapevine, AR — income, home value, property tax, and sales tax.
In ZIP code 72129, near Grapevine, homes carry a median value of $99,700, and the county-level property tax rate of 0.54% works out to roughly $538 a year on such a home. With median household income at $70,326 and per-capita income of $30,894, that yearly tax bill absorbs well under one percent of a household's earnings, a slight share by most standards. Sales taxes combine to 7.75% on purchases. The gap between home prices here and the area's earnings means owning property consumes a smaller slice of income than in many places.
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