Baltimore, MD — income, home value, property tax, and sales tax.
In ZIP 21221, near Baltimore, homes carry a median value of $271,500, and the county's 1.07% effective property tax rate translates to roughly $2,905 in annual taxes on such a home. Median household income sits at $67,340, so that bill equals about 4.3% of a typical household's yearly earnings, a share worth weighing alongside a 6.00% combined sales tax on purchases. Per-capita income of $36,926 offers another gauge of what individuals here bring in. Buyers weighing a move should factor the tax load into their overall housing costs.
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