๐Ÿ  Maryland Property Tax 2026 โ€ข Estimator

Maryland Property Tax Calculator

MD
Written by the USAFinCalc Team
Editorial Policy ยท Methodology

See what Maryland property tax actually costs in 2026. Plug in your home's assessed value and county for a full annual estimate covering county rates (0.5%โ€“2.5%+), homestead exemption (10% cap), and homeowners tax credit.Updated 2026

Enter your property value below to calculate your Maryland property tax.
๐Ÿก Property Details
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๐Ÿ“ Maryland โ€” 0.5%โ€“2.5%+ Effective Rate
๐Ÿ“Š Homestead Exemption: 10% assessment cap ยท Homeowner's Tax Credit available ยท 100% assessment ratio ยท County + state property taxes
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Enter your property details
See your annual property tax

Maryland Property Tax Estimator โ€” Quick Look

Estimated annual property tax for common home values.

Assessed ValueCountyTax RateAnnual TaxMonthly
$300,000Montgomery (1.1%)1.10%$3,300$275
$350,000Montgomery (1.1%)1.10%$3,850$321
$350,000Baltimore County (1.2%)1.20%$4,200$350
$350,000Prince George's (1.3%)1.30%$4,550$379
$500,000Montgomery (1.1%)1.10%$5,500$458

* Estimates for primary residence. Actual tax varies by city and special districts.

Maryland Property Tax Information 2026

Average Effective Rate: 0.90%โ€“1.50% State + County + Municipal

Assessment Ratio: Residential property assessed at 100% of market value.

Key Programs:

  • Homestead Exemption: Limits annual assessment increases to 10% for primary residences
  • Homeowner's Tax Credit: Income-based credit for eligible homeowners
  • Senior Tax Credit: Credit for homeowners 65+ with income under certain limits
  • Disabled Veterans Exemption: Exemption for 100% disabled veterans

Tax Composition: State ~25%, County ~35%, Municipal ~20%, School ~20%

Source: Maryland Department of Assessments and Taxation โ€” dat.maryland.gov ยท Updated July 2026

Frequently Asked Questions

What is the Maryland property tax rate?
Maryland's average effective rate is approximately 0.90%โ€“1.50%. The state has both state (0.112%) and county taxes combined. Montgomery and Howard counties have some of the highest rates.
What is the Homestead Exemption in Maryland?
The Homestead Exemption limits annual assessment increases to 10% for owner-occupied primary residences. This protects homeowners from sudden tax spikes due to rising property values.

Related Calculators

๐Ÿ“Š Data Methodology

Maryland property tax calculations use county-specific rates from the MD Department of Assessments and Taxation. 100% assessment ratio applies. Homestead exemption (10% cap) and homeowner's tax credit included. Source: MD DAT ยท Updated July 2026

Last updated: July 26, 2026