Maryland Property Tax Calculator 2026

Calculate property taxes in Maryland. The average effective property tax rate in MD is 0.9%, which is about the same as the national average of 0.89%. Estimate your annual property tax bill.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

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Annual Property Tax

$3,150.00

Monthly Equivalent

$262.50

Effective Rate

0.900%

Property Tax Breakdown

Assessed Value$350,000.00
Homestead Exemption$0.00
Taxable Value$350,000.00
Annual Tax$3,150.00
Monthly Equivalent$262.50

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Maryland Property Tax Guide

Property tax in Maryland averages about 0.90% of a home's value in effective terms, essentially the same as the 0.89% national average. The tax is assessed and billed locally: the state Department of Assessments and Taxation values properties, while each county and Baltimore City sets its own rate and sends the bill. Because the rate is set jurisdiction by jurisdiction, two homes of equal value in different counties can carry noticeably different annual taxes.

To estimate a bill, start from the assessed value and apply the local rate; a property assessed at $300,000 in an area near the 0.90% average would owe roughly $2,700 a year. Maryland reassesses properties on a rolling cycle, and the state's Homestead Tax Credit caps how much the taxable assessment on your principal residence can rise in a single year, smoothing out spikes. A separate Homeowners' Property Tax Credit can lower bills for owners whose property tax is large relative to their income.

Maryland Property Tax Details (2026)

Avg. Effective Property Tax Rate 0.9%
National Average 0.89%
vs. National Average About the same
Estate Tax Yes (exemption: $5,000,000)
State Sales Tax 6%
State Income Tax progressive (up to 6.5%)

Official Sources:

Maryland Property Tax FAQ

How do I estimate my Maryland property tax bill?
Take your property's assessed value and multiply it by your local tax rate; near the statewide average of 0.90%, a $300,000 assessment works out to roughly $2,700 a year. Because rates are set by each county and Baltimore City, check your specific jurisdiction's rate rather than assuming the average applies to you.
What is Maryland's Homestead Tax Credit?
The Homestead Tax Credit limits how much the taxable assessment on your principal residence can increase from one year to the next, so a sharp rise in market value does not immediately translate into a sharp rise in your tax. Each county and Baltimore City sets its own cap percentage, and you generally must have a one-time application on file to receive the credit.
Who assesses my property and who sends the bill?
The Maryland State Department of Assessments and Taxation determines the value of your property, while your county or Baltimore City sets the tax rate and issues the bill. That split is why questions about your assessed value go to the state, but questions about the rate and payment go to your local government.
Can lower-income Maryland homeowners get property tax relief?
Maryland's Homeowners' Property Tax Credit can reduce the bill for owners whose property taxes are high relative to their household income, with the credit amount set on a sliding scale. Eligibility depends on income and other limits, and homeowners apply through the state Department of Assessments and Taxation.

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