Silver Spring, MD — income, home value, property tax, and sales tax.
In ZIP code 20852, near Silver Spring, households earn a median of $122,472, with per-capita income at $75,905. Homes here carry a median value of $665,200, and the county-level effective property tax rate sits at 0.86%. Sales tax adds 6.00% to purchases. Together these figures sketch a high-income, high-home-value area where property taxes, though levied at a low rate, still amount to a meaningful sum given the price of housing. The sales tax applies broadly to everyday spending, adding a bit more to the cost of living in this part of Silver Spring.
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