ZIP Code 21162

Households in ZIP code 21162, near Baltimore, bring in a median of $157,813 a year, with per-capita income at $61,136. That earning power shapes how housing and taxes fit into the budget. A median home value of $451,600 meets a county property tax rate of 1.07%, which works out to roughly $4,800 annually, or about $400 a month. Add a 6.00% combined sales tax on purchases, and the overall picture stays workable given the income level. The gap between earnings and these costs leaves room for saving and daily spending alike.