Baltimore, MD variant. This is a Baltimore, MD-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Baltimore property tax runs about 1.45% of value - roughly $2,828/year on the $195,000 median home.
Property tax in Baltimore
Tax = assessed value × local rate. The 1.45% effective rate captures Baltimore's blend of county, city, and school levies.
On the $195,000 median home that's $2,828/year ($236/month), usually escrowed with your mortgage.
About Baltimore, MD
Baltimore residents pay a local income tax on top of Maryland state income tax.
Baltimore's home prices are comparatively affordable for a major East Coast city.
Baltimore's economy is built around its port, healthcare, and education sectors, with a cost of living slightly above the national average.
Worked example: $195,000 home
$195,000 × 1.45% = $2,828/year. A $600,000 Baltimore home would owe about $8,700.
Quick reference
- Median home value: $195,000
- Median rent: $1,550/mo
- Median household income: $55,054
- Local sales tax: 6%
- City income tax: 3.2%
- Effective property tax rate: 1.45%
- Cost of living index: 105 (US avg = 100)
Frequently Asked Questions
What is the property tax rate in Baltimore?
About 1.45% of market value per year.
How much property tax on a median Baltimore home?
Roughly $2,828 per year.