Silver Spring, MD — income, home value, property tax, and sales tax.
Households in the 20854 ZIP code, near Silver Spring, report a median income of $250,001, with per-capita earnings of $114,794. A median home value of $1,165,400 paired with a 0.86% county property tax rate means annual property taxes land around $10,000 for a home at that midpoint. Combined with a 6.00% sales tax, housing and everyday purchases claim a meaningful share of earnings, though the income levels here are high enough to absorb those costs while still covering other expenses.
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