Annapolis, MD — income, home value, property tax, and sales tax.
Households in ZIP code 20778, near Annapolis, report a median income of $205,974, with per-capita income at $66,972. That earnings base supports a median home value of $716,500, and the county's 0.85% effective property tax rate works out to roughly $6,090 a year on such a home. Sales taxes add 6.00% at checkout, though Maryland exempts groceries, so everyday food costs aren't affected. High earnings paired with a below-average tax rate on property leave substantial room in most household budgets for savings, travel, or other priorities.
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