What is the property tax rate in Maryland?

Maryland has an effective property tax rate of 0.97%, ranking it #22 out of 50 states. The median homeowner pays $4,093 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 (0.97%) 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

24 Counties

0.97%effective rate

Maryland has an effective property tax rate of 0.97%, ranking it #22 among all 50 states. The median homeowner in Maryland pays $4,093 per year in property taxes on a home valued at $419,900. This rate is 5% higher than the national average of 0.92%.

Effective Tax Rate📊

0.97%

#22 of 50 states

Median Tax Paid🏠

$4,093

Per year

Median Home Value💰

$419,900

2024 estimate

Total Counties📍

Population: 6,206,011

Property Tax Rates by County in Maryland

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Baltimore city	1.46%	$3,354	$229,600
#2	Howard County	1.17%	$6,987	$597,900
#3	Prince George's County	1.12%	$4,771	$426,000
#4	Baltimore County	1.07%	$3,736	$349,300
#5	Allegany County	1.06%	$1,636	$154,900
#6	Charles County	1.01%	$4,339	$428,500
#7	Frederick County	0.99%	$4,584	$464,600
#8	Dorchester County	0.94%	$2,456	$262,400
#9	Somerset County	0.92%	$1,591	$173,200
#10	Carroll County	0.91%	$3,934	$434,000
#11	Kent County	0.91%	$3,025	$330,900
#12	Caroline County	0.90%	$2,619	$290,100
#13	Cecil County	0.89%	$3,068	$343,400
#14	Harford County	0.89%	$3,448	$386,400
#15	Montgomery County	0.87%	$5,539	$640,300
#16	Anne Arundel County	0.85%	$3,957	$467,900
#17	Wicomico County	0.85%	$2,171	$254,700
#18	Calvert County	0.84%	$3,885	$460,200
#19	St. Mary's County	0.84%	$3,424	$407,600
#20	Washington County	0.84%	$2,481	$296,100

How Maryland Compares

Maryland

0.97%

National Average

0.92%

Neighboring States

Calculate Your Property Tax in Maryland

Or open the full Maryland Property Tax Calculator to estimate your bill by county.

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

$2,910

$243/month · Rate: 0.97%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

0.97%

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

Not sure which exemption applies to you? See our full homestead exemption guide for all 50 states, including amounts and application deadlines.

When Are Property Taxes Due in Maryland?

Maryland's tax year runs July 1–June 30 and bills are issued in July. Owner-occupied residential property is automatically placed on a semiannual schedule (owners may opt into a single annual payment): the annual bill or the first half is due by September 30, and the second half is due by December 31.

Annual bill or first semiannual half

September 30

Delinquent October 1

Second semiannual installment

December 31

Delinquent January 1

If you pay late: Unpaid amounts become delinquent October 1 (or January 1 for the second half) and accrue interest of two-thirds of 1% per month (8% per year), plus a service charge on the deferred second installment.

See how Maryland compares in our full guide to property tax due dates for all 50 states.

Nearby States

District of Columbia

0.58%

Delaware

0.50%

Pennsylvania

1.30%

Virginia

0.73%

West Virginia

0.53%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates (the latest available). Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.