Fowlkes — Financial Data

898 Population FY 2023

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for Tennessee and Fowlkes.

Component	Summary	Effective	Coverage	Sources
TN individual income tax policy	Tennessee has no tax on earned personal income, and the Hall income tax on interest/dividends was fully repealed effective January 1, 2021.	Hall income tax repeal effective January 1, 2021.	Rate missing	Tennessee Hall income tax; Tennessee GEN-34 income tax withholding
TN sales and use tax (base)	Tennessee state sales and use tax base rate is 7%; local option sales taxes can apply in addition.	Current Department of Revenue guidance (as accessed April 18, 2026).	Rate missing	Tennessee sales and use tax; Tennessee local sales tax
TN property tax policy (local administration)	Property taxes in Tennessee are administered and levied locally, with county assessors and local governments handling valuation and rates.	Current Tennessee guidance (as accessed April 18, 2026).	Needs review	Tennessee property tax

Community Profile

Census Bureau ACS 5-year estimates

4.1% Poverty Rate 2023

5.2% Bachelor's+ Rate 2023

3.5% Unemployment Rate 2023

48.4% Homeownership Rate 2023

Median Household Income

$43,813 (2023)

2021 2023

Per Capita Income

$22,120 (2023)

2021 2023

Median Home Value

$81,400 (2023)

2021 2023

Median Gross Rent

$712 (2023)

2021 2023

Median Age

28.2 (2023)

2021 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2021 2023

Financial Documents (3)

Year	Title	Type
2023	Fowlkes Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2022	Fowlkes Census ACS 5-Year Estimates 2022	US_CENSUS_ACS5
2021	Fowlkes Census ACS 5-Year Estimates 2021	US_CENSUS_ACS5

Governance & Structure

Governance Structure

School Details

Not applicable for this entity type.