Baltimore, MD — income, home value, property tax, and sales tax.
ZIP code 21023, near Baltimore, stands out for its high property values rather than its incomes. A median home value of $881,600 pairs with a median household income of $84,474 and per-capita income of $43,979 — figures that point to an upper-middle-income area where housing wealth runs well ahead of earnings. The county-level property tax rate of 1.07% means owners of those pricey homes owe substantial sums each year, while the 6.00% combined sales tax adds a steady cost to everyday purchases. Economically, this ZIP leans affluent on the housing side, even as household earnings stay closer to middle-income territory.
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