Silver Spring, MD — income, home value, property tax, and sales tax.
In ZIP code 20868, near Silver Spring, households earn a median of $143,333, while per-capita income stands at $49,149. Homes here are valued at a median of $622,200, and the county-level property tax rate of 0.86% translates into a meaningful annual bill on that value. Sales tax adds 6.00% to purchases. Together, these figures sketch a high-income, high-home-value area where property taxes carry real weight in the yearly budget, and everyday spending picks up the sales tax. The gap between median household and per-capita income also hints at varied household sizes and earning patterns across the ZIP.
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