ZIP Code 20629

In ZIP code 20629, near Broomes Island, homes carry a median value of $403,100 while the county-level effective property tax rate sits at 0.84%. That combination yields an annual property tax bill of roughly $3,386. With median household income at $87,389 and per-capita income at $60,505, the tax equals about 3.9% of household earnings. A 6.00% combined sales tax applies to purchases in the area. Buyers weighing this market should note how the steep home values interact with earnings that, while solid, trail the price of entry into local ownership.