The Maryland property tax rate is not as high as many believe. I hear pretty often that the Maryland property tax rate is one of the highest in the country. Though it may feel that way, currently, it ranks #20, according to this post in the Patch. There are 19 other states with property tax [...]
Property taxes in Baltimore County and Baltimore City rise in 2019. Well, and every other county in Maryland. This is apparently the first year since 2008 where every single Maryland county is seeing property tax increases. Assessments on Maryland properties are averaging a 9.1% increase on average. Baltimore City residents are seeing a 5.9% increase, [...]
The Homestead Tax Credit limits the amount of assessment increase that a homeowner would pay in property taxes on their principal residence. The deadline to apply for your current house is December 31, 2012. Currently, the cap in Baltimore County is 4%. Even if you had the homestead tax credit on your home before, you MUST [...]
What is the Homestead Tax Credit and how do I apply? The Homestead tax credit limits the increase in the value of the actual property tax a person actually pays is computed. In Baltimore County, the current homestead cap is 4%. You receive an application to apply for the Homestead Tax credit when your house [...]