Property Tax for Maryland (2026)

Last updated: January 15, 2026

Maryland (MD) Key Facts

Effective Property Tax Rate

1.07%

Tax Level

Moderate compared to national average

Assessed By

County assessor

Payment Frequency

Varies by county (annual or semi-annual)

How This Calculator Works in Maryland

This calculator estimates your annual Maryland property tax based on your home's value and the state's average effective rate of 1.07%. Enter your property value to see your estimated annual tax bill.

Maryland Overview

Maryland has an effective property tax rate of 1.07%, near the national average of ~1.11%. A defining feature of the state's system is that Homestead Tax Credit caps increases at 10%/year. Baltimore City rate (~2.25%) far exceeds county rates, making it important for homeowners to understand local assessment practices and available exemptions.

How Maryland Compares

Maryland's property tax rate of 1.07% compares to Virginia at 0.82% and Pennsylvania at 1.58%. The moderate rate reflects a balanced approach to property taxation.

StateTop RateNotes
Virginia0.82%Virginia has a property tax rate of 0.82%.
Pennsylvania1.58%Pennsylvania has a property tax rate of 1.58%.
Delaware0.57%Delaware has a property tax rate of 0.57%.

Maryland's property tax rate of 1.07% compares to a national average of approximately 1.11%. This is below the national average.

Tips for Maryland Residents

  • 1Maryland's effective property tax rate of 1.07% is near the national average of ~1.11%. Key feature: Homestead Tax Credit caps increases at 10%/year.
  • 2Baltimore City rate (~2.25%) far exceeds county rates. Always verify your assessed value matches your property's actual condition and features.
  • 3Appeal your property tax assessment if comparable sales in your area suggest your home is overvalued — Maryland allows formal protests through the county or local assessor's office.
  • 4Check whether you qualify for Maryland's homestead exemption or other relief programs (senior, disabled, veteran) — these can meaningfully reduce your annual tax bill.
  • 5Maryland property taxes are deductible on your federal return subject to the $10,000 SALT cap. With a 1.07% rate, a $350,000 home owes roughly $3,745/year before exemptions.

Frequently Asked Questions

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