State of Maryland Sales Tax Maryland Property Tax Information (2012-2013) [Go To Different State]

Maryland Property Taxes [Go To Different State]

Maryland Personal Property Taxes

$2,774.00

Avg. 0.87% of home value
Tax amount varies by county

The median property tax in Maryland is $2,774.00 per year for a home worth the median value of $318,600.00. Maryland counties collect an average of 0.87% of a property's estimated fair market value as property tax.

Maryland has one of the highest average property tax rates in the country, with only ten states levying higher property taxes.

Maryland's median income is $86,881 per year - the average yearly property tax paid by Maryland residents amounts to 3.19% of their yearly income. Maryland is ranked 19th of the 50 states for property taxes as a percentage of median income.

The exact property tax levied depends on the county in Maryland the property is located in. Howard County collects the highest property tax in Maryland, levying an average of $4,261.00 (0.93%) yearly in property taxes, while Garrett County has the lowest property tax in the state, collecting an average tax of $1,173.00 (0.69%) per year.

Average Maryland Property Tax Rates
Median Property Tax Percentage Of Income Percentage Of Property Value
$2,774 (11th of 50) 3.19% (19th of 50) 0.87% (25th of 50)
Are You Paying Too Much Property Tax?

Statistics show that about 25% of homes in America are unfairly overassessed, and pay an average of $1,346 too much in property taxes every year.

We can check your property's current assessment against similar properties in Maryland and tell you if you've been overassessed. If you have been overassessed, we can help you submit a tax appeal.

Is your property overassessed?

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Maryland Property Tax Calculator

Property Tax Estimator
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County
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[Approximate Property Tax Calculation]

While the exact property tax rate you will pay will vary by county and is set by the local property tax assessor, you can use the free Maryland Property Tax Estimator Tool to calculate your approximate yearly property tax based on average property tax rates across Maryland.

If you would like to get a more accurate property tax estimation, choose the county your property is located in from the list on the left. Property tax averages from this county will then be used to determine your estimated property tax.

You can choose any county from our list of Maryland counties for detailed information on that county's property tax, including average tax amounts and a county-specific tax calculator tool.

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