PropertyTaxPeek

Maryland Property Tax Rates

Maryland (MD) has an effective property tax rate of 1.07%, which is 0.01% above the national average of 1.06%.

2024 Data
Effective Rate
1.07%
Median Annual Tax
$3,633
Median Home Value
$339,500

Maryland Counties Property Tax Rates

CountyRateMedian Tax
Montgomery County0.92%$2,179
Prince George's County1.21%$3,068
Baltimore County1.00%$3,004
Anne Arundel County1.13%$3,197
Baltimore City1.10%$3,191
Howard County1.21%$2,901
Frederick County0.91%$4,267
Harford County1.15%$5,046
Carroll County0.81%$2,965
Charles County1.03%$2,132
Washington County1.34%$6,099
St. Mary's County1.11%$4,054
Cecil County0.79%$2,555
Wicomico County0.81%$2,901
Calvert County1.08%$4,631
Allegany County1.09%$5,491
Worcester County0.93%$3,605
Queen Anne's County1.35%$3,774
Talbot County1.19%$5,713
Caroline County1.34%$4,175
Dorchester County0.81%$2,383
Garrett County0.86%$2,803
Somerset County1.16%$2,455
Kent County1.11%$2,487

Property Tax Calculator

1.07%
Annual Tax
$3,745
Monthly Tax
$312
vs National Avg
+$1,055
(0.0% rate difference)

Looking to reduce your housing costs? Compare mortgage refinancing rates to lower your monthly payment. Check homeowners insurance quotes for potential savings. Explore home equity loan offers for home improvements. Consider property tax appeal services if your assessment seems too high.

How Maryland Compares to Neighboring States

StateRateMedian TaxDifference
Maryland1.07%$3,633-
Delaware0.53%$1,579-0.54%
Pennsylvania1.58%$3,022+0.51%
Virginia0.82%$2,665-0.25%
West Virginia0.57%$679-0.50%

Maryland Property Tax Overview

The effective property tax rate in Maryland is 1.07%, meaning a homeowner with a property valued at $339,500 would pay approximately $3,633 annually. Understanding your property tax deduction eligibility can help offset this cost on your federal return.

Maryland homeowners may qualify for a homestead exemption that reduces the taxable value of their primary residence. If your property assessment seems too high, consider a tax assessment appeal to potentially lower your bill.

For more financial context, explore salary data, cost of living, and ZIP code details for Maryland.

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