The average Marylander is taxed at a rate of 0.87% for property, a maximum of 5.75% for income and 6.00% for sales. Compared to the national averages Maryland earns a score of average for property taxes, average for income taxes and good 👍 for combined local and state sales tax. Quick links to regions of Maryland with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Maryland
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On average, real estate listings in Maryland are on the market for 90 days. The Market Health Index for Maryland is 0.78. Maryland has one of the top ten largest income disparities between the wealthiest and poorest counties. Howard is the wealthiest of all counties in Maryland. The least wealthy of all counties in Maryland is Somerset.
Daily state facts: Maryland is bordered to the south by the Potomac river and is also neighbor to the District of Columbia.
According to the Bureau of Labor Statistics, Maryland employment in July 2019 was 3,233,114, unemployment was 122,064 or 3.8% of total jobs.