Silver Spring, MD — income, home value, property tax, and sales tax.
In ZIP 20841, near Silver Spring, homes carry a median value of $782,500 while households earn a median of $184,688. The county-level effective property tax rate of 0.86% works out to roughly $6,730 annually on that median home — an outlay that stays contained against the area's income base. Per-capita income sits at $66,751. A combined sales tax of 6.00% applies to purchases. High home values paired with strong earnings keep property taxes from straining most household budgets here, though buyers stretching to enter this market should weigh the annual levy alongside their mortgage costs.
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