Columbia, MD — income, home value, property tax, and sales tax.
ZIP code 21723, near Columbia, ranks among the wealthier areas in the region, with a median household income of $241,250 and per-capita income of $72,952. Homes here carry a median value of $1,005,500, and the county-level effective property tax rate of 1.17% translates into a substantial annual bill on a property at that price. A combined sales tax rate of 6.00% applies to purchases. High earnings and seven-figure housing values place this ZIP firmly in affluent territory, and the property tax load that accompanies expensive real estate is correspondingly large.
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