Property Taxes in Maryland
Maryland's effective property tax rate is 0.9%, ranking #29 out of 50 states (1 = lowest). The median annual property tax paid is $3,633.
Tax Rate
0.9%
Median Annual Tax
$3,633
National Rank
#29 of 50
1 = lowest
Homestead Exemption
No
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Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $1,800 | $150 |
| $300,000 | $2,700 | $225 |
| $400,000 | $3,600 | $300 |
| $500,000 | $4,500 | $375 |
| $750,000 | $6,750 | $563 |
* Based on the average effective rate of 0.9%. Actual rates vary by county and municipality.
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Homestead Exemption in Maryland
✕No General Homestead Exemption
Maryland does not offer a general homestead exemption for property tax purposes. However, there may be other tax credits or exemptions available for seniors, veterans, or disabled homeowners.
How Maryland Compares
#1
Hawaii 0.32%
#2
Alabama 0.36%
#3
Arizona 0.44%
#4
South Carolina 0.47%
#5
Utah 0.47%
...
#29
Maryland (You)0.9%
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