Cambridge, MD — income, home value, property tax, and sales tax.
In ZIP code 21613, which takes in Cambridge, homes are valued at a median of $283,900, and the county's 0.94% effective property tax rate works out to roughly $2,670 a year on such a home. With median household income at $53,890, that tax bill equals about 5% of annual earnings before any exemptions. Per-capita income sits at $35,645, so single earners may feel the pinch more sharply. A 6.00% combined sales tax adds to everyday costs. Buyers here should weigh the purchase price against income, since the yearly tax draw is far from trivial.
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