Silver Spring, MD — income, home value, property tax, and sales tax.
In ZIP code 20902, part of the Silver Spring area, households earn a median of $114,486, while per-capita income comes to $49,069. That earnings level supports a median home value of $551,200, with county property taxes at an effective rate of 0.86%. Combined with a 6.00% sales tax, these costs shape how far a paycheck stretches. Higher earners here can absorb the property tax on a home priced above half a million dollars, though the sales tax adds up on everyday purchases. The gap between median household and per-capita income hints at varied household sizes and earning arrangements across the ZIP.
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