ZIP Code 20812

Households in ZIP code 20812, near Silver Spring, report a median income of $213,750, with per-capita income at $93,568. Median home values reach $1,163,500, and the county-level property tax rate of 0.86% translates into a substantial annual bill on that value. Combined with a 6.00% sales tax, the two levies shape day-to-day and long-term costs alike. High earnings here offset much of that housing and tax expense, though the property tax tied to seven-figure homes remains the dominant recurring charge for owners in this area.