Baltimore, MD — income, home value, property tax, and sales tax.
In ZIP code 21237, near Baltimore, homes carry a median value of $295,600 and the county-level effective property tax rate is 1.07%, which works out to roughly $3,163 a year in property taxes. With median household income at $91,693 and per-capita income at $42,796, that tax bill amounts to about 3.5% of household earnings, a share most homeowners here can absorb without straining. Combined with a 6.00% sales tax rate, the overall cost of living stays in line with what area households bring in, keeping ownership within reach across this part of the Baltimore area.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.