Mortgage Calculator

2006 Maryland Property Tax Rates
County
Property Tax Rate1
Documentary Stamp Rate2
Local Transfer Rate3
Allegheny
$1.133
0.50%4
$6.00
Anne Arundel
$1.073
1%
$7.00
Baltimore
$1.247
1.50%
$5.00
Baltimore City
$2.460
1.50%
$10.00
Calvert
$1.024
none
$10.00
Caroline
$1.084
0.50%6
$10.00
Carroll
$1.180
none
$10.00
Cecil
$1.112
none7
$8.20
Charles
$1.158
none
$10.00
Dorchester
$1.062
0.75%
$10.00
Fredrick
$1.132
none
$10.00
Garrett
$1.168
1%8
$7.00
Harford
$1.224
1%9
$6.60
Howard
$1.176
1%
$5.00
Kent
$1.144
0.50%
$6.60
Montgomery
$0.866
1%
$6.9012
Prince George
$1.092
1%
$4.40
Queen Anne
$1.058
1.40%10
$7.60
St. Mary
$1.010
0.50%
$8.00
Somerset
$1.142
none
$6.60
Talbot
$0.672
1%11
$6.60
Washington
$1.080
0.50%
$7.60
Wicomico
$1.157
none
$7.00
Worcester
$0.862
0.50%
$6.60

*All figures are believed to be accurate - please call the clerk to verify

STATE TRANSFER TAX of .5%2 also applies to all counties13

  1. Per $100 of value (includes state real property tax of .132/$100) Tax rate may vary in cities or other incorporated areas.
  2. % of actual consideration/purchase price
    Per $1000 of the higher of purchase price or loan amount rounded up to the nearest $500
  3. First $30,000 exempt for owner occupied residential properties
  4. First $22,000 exempt for owner occupied residential properties
  5. $25,000 exemption for principal residence, $75,000 exemption for first time home buyer
  6. $10.00 transfer fee for deeds, $3.00 if agricultural transfer tax paid
  7. First $50,000 exempt from transfer tax
  8. First $30,000 exempt from transfer tax if owner occupied
  9. For refinances, call office of finance for local transfer and recordation tax
  10. First $50,000 exempt for for owner occupied
  11. First $50,000 exempt for principal residence (owner occupied at least 7 months per year)
  12. 1st time homebuyers purchasing a principal residence, state tranfer tax is reduced to .25% which must be paid by the seller.
  13. If owner occupied, $50,000 exemption or $500 credit on total County Transfer Tax