Cambridge, MD — income, home value, property tax, and sales tax.
In ZIP code 21669, near Cambridge, homes carry a median value of $468,000, and the county-level property tax rate of 0.94% works out to roughly $4,400 a year on such a home. Households here earn a median of $116,500, with per-capita income at $90,597, so that tax bill absorbs a little under four percent of typical household earnings. Combined with a 6.00% sales tax, the overall cost of living leans on higher incomes, yet the gap between what residents earn and what they owe on housing stays narrow enough to keep ownership within reach.
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