Hyattsville, MD — income, home value, property tax, and sales tax.
ZIP code 20623, near Hyattsville, ranks as an affluent community by any measure. A median household income of $146,058 and per-capita income of $62,027 sit well above national figures, and the median home value of $494,500 reflects that prosperity. Property taxes in this area run at an effective rate of 1.12% at the county level, so owners of a half-million-dollar home face a substantial annual bill. Sales tax comes to 6.00%, a rate that applies to everyday purchases across the state. High earnings here support high housing costs and the taxes that accompany them.
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