Silver Spring, MD — income, home value, property tax, and sales tax.
In ZIP code 20876, near Silver Spring, households earn a median of $119,731, with per-capita income at $47,977. Homes here are valued at a median of $487,300, and the county-level property tax rate of 0.86% translates into a notable annual bill on that value. Add Maryland's 6.00% combined sales tax on purchases, and the cost picture reflects both a strong income base and meaningful housing and consumption taxes. The relationship between earnings and home values shapes how far each dollar stretches for those living in this area.
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