Taxes in Silver Spring, Maryland
Complete tax guide for Silver Spring, MD. State income tax up to 5.75%, 1.01% property tax, 6% sales tax. Calculate your total tax burden.
State Income Tax
5.75%
Maryland
Property Tax
1.01%
Effective rate
Sales Tax
6%
Combined rate
Tax Burden
Very High
Silver Spring, MD Tax Overview
Montgomery County piggyback rate 3.2%; DC suburb
Population
81,015
Median Income
$84,612
Cost of Living
122.3 (100 = avg)
State Income Tax
5.75%
Local Income Tax
3.2%
Median Home Price
$440,000
Silver Spring Tax Calculator
Pre-filled with Silver Spring median: $84,612
Total Tax Burden in Silver Spring
$24,274
Take-Home: $60,338 · Effective Rate: 28.69%
Federal Tax
$10,229
12.09% eff.
MD State + Local
$7,573
8.95% eff.
FICA
$6,473
7.65% eff.
Take-Home
$60,338
71.31% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $84,612.00 | $7,051.00 |
| Federal Income Tax | -$10,228.64 | -$852.39 |
| Maryland State Tax | -$4,865.19 | -$405.43 |
| Silver Spring Local Tax (3.2%) | -$2,707.58 | -$225.63 |
| Social Security (6.2%) | -$5,245.94 | -$437.16 |
| Medicare (1.45%) | -$1,226.87 | -$102.24 |
| Take-Home Pay | $60,337.77 | $5,028.15 |
Property Tax in Silver Spring
Median Home
$440,000
Annual Tax
$4,444
Monthly Tax
$370
Effective Rate
1.01%
Sales Tax in Silver Spring
Combined Rate
6%
State Portion
~3.5%
Local Portion
~2.5%
The combined sales tax rate in Silver Spring is 6%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.00 in sales tax.
Tax Burden Comparison
| Tax Type | Silver Spring | Maryland Avg | National Avg |
|---|---|---|---|
| Income Tax | 5.75% + 3.2% | 5.75% | 4.6% |
| Property Tax | 1.01% | ~1.01% | 1.1% |
| Sales Tax | 6% | ~6% | 7.12% |
| Overall Burden | Very High | — | Moderate |
Tax Saving Tips for Silver Spring Residents
- Maryland's income tax rate of 5.75% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Silver Spring has a local income tax of 3.2%. If you work remotely, verify whether you owe city tax based on where you work or where you live. Some cities only tax people who work within city limits.
- Property tax in Silver Spring (1.01%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Maryland
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HighCalculate Your Full Maryland Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Silver Spring, MD?
Silver Spring, Maryland has a state income tax rate up to 5.75%, plus a local income tax of 3.2%. The property tax rate is 1.01% and the combined sales tax rate is 6%. Montgomery County piggyback rate 3.2%; DC suburb
How much is property tax in Silver Spring?
The effective property tax rate in Silver Spring is 1.01%. On the median home price of $440,000, this equals approximately $4,444 per year or $370 per month. This is below the national average of 1.1%.
What is the sales tax rate in Silver Spring?
The combined sales tax rate in Silver Spring is 6%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Silver Spring's tax burden compare to other cities?
Silver Spring has a very high overall tax burden. The effective total tax rate for a median-income household is approximately 35.1%. The combination of 5.75% state income tax, 1.01% property tax, and 6% sales tax determines the total burden. Cost of living index is 122.3 (100 = national average).
Are there any local taxes in Silver Spring?
Yes. Silver Spring imposes a local income tax of 3.2% in addition to the state income tax of 5.75%. Montgomery County piggyback rate 3.2%; DC suburb