Silver Spring, MD — income, home value, property tax, and sales tax.
ZIP code 20879, in the Silver Spring area, sits toward the affluent end of the spectrum, with a median household income of $112,104 and per-capita income of $48,025. Homes here carry a median value of $468,100, and the county-level property tax rate of 0.86% applies to that valuation. Combined with a 6.00% sales tax, the overall tax load reflects a fairly comfortable earning base rather than a strained one. Households in this ZIP generally have the income to absorb these costs while still covering daily expenses.
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