ZIP Code 20837

In ZIP code 20837, near Silver Spring, homes carry a median value of $772,300 while the county-level effective property tax rate sits at 0.86%, yielding an annual tax bill of roughly $6,642. Households here earn a median of $174,063, so that levy consumes under 4% of typical annual income — a share that stays contained even against per-capita income of $71,211. A 6.00% combined sales tax applies to purchases in the area. Together, these figures indicate that ownership costs in this ZIP remain within reach for the incomes recorded here, though the entry price for a home is steep.