Germantown, Tennessee — Tax Burden
What is the tax burden in Germantown, Tennessee?
Germantown, Tennessee has a total tax burden of 6.40%, ranking #5976 nationally. Property tax rate: 1.13%, state income tax: 0.000%, sales tax: 9.55%. Median household income is $140,429.
Source: US Census ACS, 2022
Ranked #5976 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
6.40%
Rank: 5976th nationally
Property Tax Rate
1.13%
Rank: 2861st nationally
Income Tax Rate
0.000%
Tennessee state rate
Sales Tax Rate
9.55%
State + local combined
Tax Burden Breakdown
Property (51%)Income (0%)Sales (49%)
Median Income: $140,429
Median Home Value: $402,300
Median Property Tax: $4,563/yr
Population: 41,094