Silver Spring, MD — income, home value, property tax, and sales tax.
Households in ZIP code 20872, near Silver Spring, report a median income of $141,050, while per-capita income sits at $55,057. Homes here carry a median value of $504,300, and the county-level property tax rate of 0.86% applies against that figure. Sales tax adds 6.00% at the register. Together, these figures sketch a fairly prosperous area where earnings run well ahead of the national middle, though the price of entry into the housing market is steep. Property taxes stay contained given the home values involved, and the sales rate is unremarkable.
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