Columbia, MD — income, home value, property tax, and sales tax.
In ZIP code 21029, near Columbia, homes carry a median value of $912,100, and the county-level effective property tax rate of 1.17% translates into a substantial annual bill. Households here earn a median of $243,542, with per-capita income at $89,689, so that tax load is shouldered against unusually strong earnings. Combined with a 6.00% sales tax, the overall cost of living runs high, yet the income base appears deep enough to absorb it. Whether that balance holds depends on how much of each paycheck goes toward the mortgage and the tax bill that follows it.
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