Property Taxes in Maryland
Median Maryland property tax rate: 1.06%, significantly higher than the national median of 1.02%.
Median Maryland home value: $317,700
Median annual Maryland tax bill: $3,419, $1,019 higher than the national median property tax bill of $2,400.
How are property taxes in Maryland calculated?
Property taxes in Maryland are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you are in Maryland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.06%
Estimate Property Tax Bill
$3,368
$3,125
Property Tax Rates Across Maryland
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Maryland Tax Rate
1.06%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Maryland
| County | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allegany | 0.86% | 0.92% | 0.93% | 1.05% | 1.09% |
| Anne Arundel | 0.70% | 0.83% | 0.97% | 1.07% | 1.09% |
| Calvert | 0.91% | 0.95% | 1.01% | 1.04% | 1.04% |
| Caroline | 0.91% | 0.99% | 1.08% | 1.36% | 1.54% |
| Carroll | 0.97% | 1.04% | 1.10% | 1.17% | 1.50% |
| Cecil | 0.67% | 0.76% | 0.89% | 1.14% | 1.44% |
| Charles | 1.14% | 1.26% | 1.34% | 1.44% | 1.58% |
| Dorchester | 1.05% | 1.11% | 1.17% | 1.58% | 1.69% |
| Frederick | 1.01% | 1.11% | 1.20% | 1.43% | 1.54% |
| Garrett | 0.89% | 1.02% | 1.17% | 1.24% | 1.35% |
| Harford | 0.83% | 0.92% | 0.99% | 1.06% | 1.08% |
| Howard | 0.90% | 0.96% | 1.04% | 1.09% | 1.12% |
| Kent | 0.92% | 1.04% | 1.12% | 1.27% | 1.42% |
| Montgomery | 0.87% | 1.01% | 1.11% | 1.24% | 1.40% |
| Prince George's | 0.95% | 1.00% | 1.11% | 1.11% | 1.47% |
| Queen Anne's | 0.79% | 0.88% | 0.94% | 0.94% | 1.11% |
| St. Mary's | 0.90% | 0.96% | 1.05% | 1.09% | 1.12% |
| Somerset | 0.83% | 0.90% | 1.08% | 1.11% | 1.11% |
| Talbot | 0.46% | 0.67% | 0.71% | 0.81% | 0.86% |
| Washington | 0.72% | 0.79% | 0.92% | 1.01% | 1.04% |
| Wicomico | 0.79% | 0.85% | 0.94% | 1.00% | 1.00% |
| Worcester | 0.76% | 0.88% | 1.41% | 1.41% | 1.41% |
| Baltimore | 1.86% | 2.10% | 2.31% | 2.36% | 2.36% |
Source: Ownwell
Property Tax Assessment Values Across Maryland
Understanding the distinction between "market value" and "assessed value" is crucial when examining property taxes in Maryland. The market value is what a willing buyer would pay to a willing seller in an open and competitive market. Location, property condition, and economic market trends often influence it. Each Maryland county assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Maryland, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the end of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Maryland.
For example, Montgomery County has the highest median home price at $471,000.
Median Maryland Market Value
$317,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Maryland
| County | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allegany | $41,000 | $65,700 | $102,400 | $156,825 | $217,200 |
| Anne Arundel | $223,900 | $286,700 | $376,600 | $507,500 | $690,600 |
| Calvert | $186,300 | $242,900 | $346,200 | $472,400 | $597,400 |
| Caroline | $106,150 | $156,000 | $216,400 | $301,975 | $394,450 |
| Carroll | $200,000 | $267,000 | $347,000 | $445,600 | $566,200 |
| Cecil | $122,200 | $176,100 | $239,900 | $319,300 | $421,600 |
| Charles | $193,500 | $263,700 | $334,400 | $426,500 | $521,430 |
| Dorchester | $51,340 | $94,400 | $163,800 | $258,350 | $371,700 |
| Frederick | $210,000 | $272,900 | $362,500 | $479,300 | $611,300 |
| Garrett | $51,300 | $96,400 | $165,700 | $343,750 | $716,360 |
| Harford | $143,000 | $200,000 | $279,650 | $390,100 | $510,000 |
| Howard | $232,400 | $332,300 | $465,650 | $632,600 | $831,500 |
| Kent | $121,200 | $160,500 | $227,650 | $367,100 | $627,110 |
| Montgomery | $210,000 | $325,000 | $471,000 | $699,000 | $1,043,300 |
| Prince George's | $194,700 | $265,000 | $345,300 | $439,300 | $571,500 |
| Queen Anne's | $202,200 | $267,100 | $361,000 | $486,000 | $721,200 |
| St. Mary's | $148,100 | $229,500 | $302,600 | $412,100 | $539,000 |
| Somerset | $46,200 | $71,400 | $114,600 | $181,450 | $280,800 |
| Talbot | $148,150 | $212,500 | $319,650 | $533,225 | $1,083,250 |
| Washington | $112,800 | $160,950 | $219,600 | $296,500 | $384,200 |
| Wicomico | $61,300 | $98,800 | $161,300 | $231,100 | $310,100 |
| Worcester | $118,800 | $175,100 | $251,400 | $351,600 | $494,600 |
| Baltimore | $70,600 | $109,200 | $147,800 | $222,900 | $335,300 |
Source: Ownwell
Property Tax Bills Across Maryland
Median Maryland Tax Bill
$3,419
Median United States Tax Bill
$2,400
Property Tax Bills Across Maryland
| County | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allegany | $397 | $633 | $978 | $1,508 | $2,099 |
| Anne Arundel | $2,082 | $2,638 | $3,553 | $4,952 | $6,989 |
| Calvert | $2,054 | $2,561 | $3,494 | $4,635 | $5,806 |
| Caroline | $1,298 | $1,799 | $2,469 | $3,299 | $4,369 |
| Carroll | $2,523 | $3,123 | $3,882 | $5,006 | $6,466 |
| Cecil | $1,096 | $1,599 | $2,238 | $3,152 | $4,261 |
| Charles | $2,778 | $3,554 | $4,464 | $5,850 | $7,358 |
| Dorchester | $664 | $1,252 | $2,036 | $3,174 | $4,696 |
| Frederick | $2,575 | $3,360 | $4,509 | $5,971 | $7,643 |
| Garrett | $660 | $1,175 | $1,945 | $3,797 | $7,437 |
| Harford | $1,412 | $1,981 | $2,716 | $3,779 | $4,895 |
| Howard | $2,726 | $3,556 | $4,834 | $6,425 | $8,266 |
| Kent | $1,286 | $1,788 | $2,628 | $4,197 | $7,127 |
| Montgomery | $2,171 | $3,700 | $5,416 | $8,068 | $11,483 |
| Prince George's | $2,406 | $3,050 | $3,870 | $4,994 | $6,374 |
| Queen Anne's | $1,843 | $2,499 | $3,399 | $4,771 | $6,589 |
| St. Mary's | $1,650 | $2,402 | $3,095 | $4,064 | $5,246 |
| Somerset | $473 | $724 | $1,158 | $1,830 | $2,785 |
| Talbot | $964 | $1,427 | $2,231 | $3,890 | $8,082 |
| Washington | $984 | $1,393 | $1,934 | $2,721 | $3,590 |
| Wicomico | $600 | $934 | $1,455 | $2,061 | $2,799 |
| Worcester | $1,384 | $1,959 | $2,901 | $4,198 | $5,699 |
| Baltimore | $1,542 | $2,347 | $3,187 | $4,770 | $7,434 |
Source: Ownwell