Silver Spring, MD — income, home value, property tax, and sales tax.
Households in ZIP code 20904, near Silver Spring, report a median income of $96,025, with per-capita income at $49,492. A median home value of $560,000 pairs with a county property tax rate of 0.86%, which works out to roughly $4,816 a year in taxes on a home at that value. Sales tax in the area runs 6.00%. Together, these figures sketch a community where earnings are solid and housing costs are the dominant expense, with property taxes taking a smaller share and the sales tax applying to everyday purchases.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.