Baltimore, MD — income, home value, property tax, and sales tax.
In ZIP 21216, on Baltimore's west side, households earn a median of $42,031, or $25,472 per person. A median home value of $147,800 pairs with a county property tax rate of 1.46%, which works out to roughly $2,158 a year in taxes on such a home. Sales tax in the area runs 6.00%, so everyday purchases carry that added cost. With income and home values both below many surrounding areas, the two taxes together claim a noticeable share of what households bring in each year.
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