Silver Spring, MD — income, home value, property tax, and sales tax.
In ZIP code 20912, near Silver Spring, households earn a median of $83,870, while per-capita income reaches $52,036. Homes here carry a median value of $699,300, and the county-level property tax rate of 0.86% applies to that assessed worth. Sales tax adds 6.00% at checkout. Together, these figures sketch a fairly expensive housing market paired with a property tax rate that stays below one percent of value, and a sales tax in line with Maryland's statewide level. The gap between median household income and home prices is the central tension shaping what living here costs.
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