Estimate your Maryland property tax based on the state's 0.99% average effective rate. Enter your home value for an instant, free calculation.
Enter any tax exemption amount you qualify for in Maryland
Maryland has a moderate effective property tax rate of 0.99%, ranking 21st nationally. However, high home values in the DC suburbs (Montgomery, Prince George's, Howard counties) push actual dollar amounts well above the national average.
Maryland assesses property at full cash value with reassessments on a 3-year cycle. The state caps annual increases at 10% per cycle. Counties and municipalities levy additional taxes on top of the state rate.
| Home Value | Estimated Annual Tax | Monthly (Escrow) |
|---|---|---|
| $250,000 | $2,475 | $206/mo |
| $398,700 (median) | $3,947 | $328/mo |
| $600,000 | $5,940 | $495/mo |
Maryland's Homestead Tax Credit caps the increase in taxable assessment at 0–10% per year (set by each jurisdiction). Seniors 70+ with income below $60,000 may qualify for the Senior Tax Credit. Veterans and disabled persons receive additional exemptions.
Maryland property taxes are due July 1. A 6-month installment option exists for homeowner-occupied properties.
Montgomery County and Howard County have the highest effective bills in dollar terms. Baltimore City has a very high rate (over 2%) relative to the rest of the state.