The median property tax (also known as real estate tax) in Baltimore city is $1,850.00 per year, based on a median home value of $160,400.00 and a median effective property tax rate of 1.15% of property value.
Baltimore city collects very high property taxes, and is among the top 25% of counties in the United States ranked by property tax collections. Of the twenty-four counties in Maryland, Baltimore city is ranked 16th by median property taxes, and 0th by median tax as percentage of home value.
While Baltimore city collects a median of 1.15% of a property's each year as property tax, the actual amount of property tax collected is lower compared to the rest of Maryland. This is partially because the median property value in Baltimore city is $158,200.00 lower than the Maryland median property value of $318,600.00.
Note: Due to the complicated and varied methods used to calculate property tax in different counties, the best way to compare property taxes between jurisdictions is through median property tax values. If you need to calculate the exact tax due on your property, contact the Baltimore city Tax Assessor.
