ZIP Code 72537

In the Gamaliel area covered by ZIP code 72537, homes carry a median value of $122,900, and the county-level property tax rate of 0.46% works out to roughly $565 a year on such a home. With median household income at $40,441 and per-capita income at $33,010, that annual tax bill amounts to about 1.4% of a household's yearly earnings. Adding a combined sales tax of 7.75% shapes day-to-day costs as well. Ownership here hinges less on price than on how far earnings stretch against both taxes.