ZIP Code 20878

Households in ZIP code 20878, near Silver Spring, report a median income of $144,313, while per-capita income sits at $69,431. A median home value of $715,800 paired with a 0.86% county property tax rate means annual property taxes land somewhere around $6,150 before any exemptions. Combined with a 6.00% sales tax on purchases, housing and everyday spending both draw meaningfully on earnings, though the income level leaves room to absorb them. Budgets here tend to stretch further than in many parts of the region, with tax obligations forming a steady but not overwhelming share of annual costs.