Silver Spring, MD — income, home value, property tax, and sales tax.
ZIP 20903, in the Silver Spring area, sits in middle-income territory: a median household income of $80,768 and per-capita income of $29,849 place it above many parts of the country but well short of the region's wealthiest pockets. Median home values run $485,700, and the county-level effective property tax rate of 0.86% means owners pay roughly $4,180 annually on a home at that median. Sales tax combines to 6.00% on purchases. Together these figures describe a solidly middle-class community where housing costs and taxes take a meaningful but not overwhelming share of earnings.
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