ZIP Code 20602

In ZIP code 20602, near Waldorf, households bring in a median of $107,360 a year, while per-capita income sits at $42,074. A median home value of $376,800 paired with a 1.01% county property tax rate works out to roughly $3,800 in annual property taxes, a figure worth planning for alongside other costs. The combined sales tax rate of 6.00% applies to everyday purchases, though Maryland exempts groceries and prescription drugs. With earnings well above many parts of the state, many households here can absorb those taxes while still covering housing, savings, and daily expenses.