What is the property tax rate in Maryland?

Maryland has an effective property tax rate of 1.00%, ranking it #21 out of 50 states. The median homeowner pays $3,989 per year.

How are property taxes calculated in Maryland?

Property taxes in Maryland are calculated by multiplying the assessed value of your property by the local tax rate (millage rate). The effective rate shown here (1.00%) represents the median taxes paid as a percentage of median home value across the state.

Which county in Maryland has the lowest property taxes?

Among Maryland's 24 counties, Baltimore city has one of the lowest effective property tax rates.

Does Maryland have a homestead exemption?

Yes, Maryland offers several property tax exemptions including: Homestead Tax Credit, Homeowner's Tax Credit, Disabled Veteran. See the exemptions section above for details.

Maryland Property Tax Rate

2023 Data · 24 Counties

1.00%effective rate

Maryland has an effective property tax rate of 1.00%, ranking it #21 among all 50 states. The median homeowner in Maryland pays $3,989 per year in property taxes on a home valued at $397,700. This rate is 5% higher than the national average of 0.95%.

Effective Tax Rate📊

1.00%

#21 of 50 states

Median Tax Paid🏠

$3,989

Per year

Median Home Value💰

$397,700

2023 estimate

Total Counties📍

Population: 6,170,738

Property Tax Rates by County in Maryland

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Baltimore city	1.48%	$3,236	$219,300
#2	Howard County	1.18%	$6,814	$576,700
#3	Prince George's County	1.15%	$4,662	$404,300
#4	Baltimore County	1.10%	$3,645	$330,000
#5	Allegany County	1.08%	$1,609	$149,200
#6	Charles County	1.04%	$4,179	$402,300
#7	Frederick County	1.02%	$4,463	$437,700
#8	Cecil County	0.98%	$3,059	$311,800
#9	Somerset County	0.98%	$1,603	$164,300
#10	Dorchester County	0.95%	$2,399	$252,300
#11	Carroll County	0.94%	$3,837	$406,400
#12	Kent County	0.94%	$2,896	$307,100
#13	Harford County	0.93%	$3,424	$367,300
#14	Caroline County	0.92%	$2,513	$272,400
#15	Washington County	0.89%	$2,444	$275,900
#16	Wicomico County	0.89%	$2,120	$238,900
#17	Calvert County	0.88%	$3,858	$440,200
#18	Montgomery County	0.87%	$5,341	$615,200
#19	St. Mary's County	0.87%	$3,392	$390,900
#20	Anne Arundel County	0.85%	$3,836	$450,300

How Maryland Compares

Maryland

1.00%

National Average

0.95%

Neighboring States

Calculate Your Property Tax in Maryland

Property Tax Calculator

Estimate your annual property tax based on your location and home value

State

County

Home Value

$50k$2M

Apply homestead exemption ($100,000 reduction)

Estimated Annual Property Tax

$3,000

$250/month · Rate: 1.00%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

1.00%

Maryland Property Tax Exemptions

✓

Homestead Tax Credit

Assessment increases capped at 10% per year (lower in some counties)

Primary residence owners; applies automatically

✓

Homeowner's Tax Credit

Credit varies based on income; no fixed amount

Homeowners with combined household income of $60,000 or less

✓

Disabled Veteran

Full exemption for 100% permanently disabled veterans

Veterans with 100% permanent service-connected disability

Nearby States

District of Columbia

0.58%

Delaware

0.53%

Pennsylvania

1.35%

Virginia

0.74%

West Virginia

0.54%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2023 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value.