Silver Spring, MD — income, home value, property tax, and sales tax.
ZIP code 20855, in the Silver Spring area, sits firmly in affluent territory: a median household income of $149,110 and per-capita income of $69,847 both run well above national norms. Homes here carry a median value of $640,300, and the county-level property tax rate of 0.86% means owners pay a comparatively restrained share of that value each year. Sales tax comes to 6.00%, a rate that applies to everyday purchases across the state. High earnings and substantial home equity define this ZIP, while its tax structure keeps annual obligations from climbing as steeply as property values might imply.
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