Baltimore City property taxes are very high, and there is an initiative called "Renew Baltimore" to try to get those property tax rates reduced over the next 10 years. Currently, the Baltimore City property tax rate is 2.248%, which is more than double Baltimore County’s rate of 1.100%. Renew Baltimore has a plan that would [...]
A Baltimore City property tax cut was proposed by Mayor Pugh to reduce the tax rate by 2021. Mayor Pugh's goal is to have the Baltimore City owner occupied property tax rate reduced to under 2% of an assessed property's value. Her hope is to have it reduced to 2.048% by this coming July, according [...]
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, [...]