Property Tax in Maryland

State Overview

Maryland has a median effective property tax rate of 1.06%. For a home valued at $300,000, the estimated annual property tax is $3,193below the national median of 1.07%. Rates vary significantly by county and city; use the calculator below or browse by county to find your exact rate.

Maryland has a mix of state and county property taxes, and total effective rates land around the national average. Montgomery County and Howard County (DC suburbs) have the highest home values and carry the largest dollar bills, though the rates themselves aren't exceptional.

Property Tax Calculator

Calculate your estimated property tax in Maryland

50th Percentile (Median):
1.064%
$50K$10M

Annual Property Tax

$1,596

Monthly Property Tax

$133

* This is an estimate based on the median tax rate. Actual taxes may vary based on local assessments and exemptions.

Tax Rate Breakdown

Property tax rates in Maryland

25th Percentile

LOW

1.020%

25% of properties pay this rate or less

50th Percentile (Median)

TYPICAL

1.064%

50% of properties pay this rate or less

75th Percentile

HIGH

1.092%

25% of properties pay more than this rate

These percentiles show the range of property tax rates. 25% of properties pay less than the low rate, 50% pay less than the median, and 75% pay less than the high rate.

Understanding the Range

The difference between the 25th and 75th percentiles is 0.072%, indicating the variation in property tax rates within this area. Use the median (50th percentile) for the most typical estimate.

Maryland Property Tax vs. National Average

Maryland (this state)1.064%
National median▲ higher1.070%

State averages sourced from Tax Foundation 2024 data. National median: 1.07%.

Estimated Annual Property Tax in Maryland

Based on the median rate of 1.064%. Actual taxes depend on assessed value and local exemptions.

Home ValueAnnual TaxMonthly Equivalent
$150,000$1,596$133/mo
$250,000$2,660$222/mo
$350,000$3,725$310/mo
$500,000$5,321$443/mo
$750,000$7,981$665/mo
$1,000,000$10,642$887/mo

Frequently Asked Questions

The median property tax rate across Maryland is 1.06%. This rate varies significantly by county and city. Browse our comprehensive database to find rates in your specific area.

When Are Property Taxes Due in Maryland?

Payment Schedule

Semi-annual

Due Date(s)

September 30 and December 31

Most counties follow a semi-annual schedule.

Always verify exact deadlines with your local county assessor or tax collector, as dates can vary by municipality.