Maryland Property Taxes
Average Tax Rate
1.06%
Rank
24
Population
6.2M
Owner Occupied Homes
1.5M
Median Home Value
$373,500
Estimated Revenue
$9.6B
Maryland combines historic colonial towns with a booming economy anchored by government, healthcare, and biotech industries. Its proximity to Washington, D.C. makes it a major hub for professionals.
Maryland’s property tax rate is 1.06%, ranking 24th nationally. While not the lowest, the state’s strong economy helps balance the cost of homeownership.