Baltimore, MD — income, home value, property tax, and sales tax.
In ZIP code 21218, households earn a median of $62,488, while per-capita income comes to $40,962. Homes here carry a median value of $242,500, and Baltimore's county-level property tax rate of 1.46% translates into a yearly bill of roughly $3,540 on such a home. Add the 6.00% combined sales tax on purchases, and everyday spending takes a noticeable bite alongside housing costs. A household pulling in the median income can absorb these taxes, though the property levy alone claims over five percent of that annual pay, which shapes how much remains for other expenses each month.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.