Tax Burden in ZIP Code 20850
Rockville, MD — Montgomery County
At the median income of $95,000, the estimated total tax burden in ZIP 20850 is $29,453 (31.0% effective rate), including federal income tax, FICA, and property tax.
Federal Tax (est.)
$17,100
FICA
$7,268
Property Tax
$5,085
Total Tax Burden
$29,453
31.0% effective
Tax Details for ZIP 20850
ZIP code 20850 is located in Montgomery County, MD, within the Washington MSA metropolitan area. The area has a cost of living index of 138 (100 = national average), making it more expensive than most parts of the country.
The effective property tax rate is 0.90%. On the median home price of $565,000, this equals $5,085 per year ($424/month).
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