$4,200/year | $350/month | Rate: 1.05%
Here's a complete breakdown of property tax on a $400,000 home in Maryland for 2026.
| Detail | Amount |
|---|---|
| Home Value | $400,000 |
| Maryland Effective Tax Rate | 1.05% |
| Annual Property Tax | $4,200 |
| Monthly Escrow Amount | $350 |
| National Average (1.07%) | $4,280 |
| Difference vs National Avg | $-80/year |
| State | Tax Rate | Annual Tax | Monthly | vs Maryland |
|---|---|---|---|---|
| Maryland (You) | 1.05% | $4,200 | $350 | — |
| Virginia | 0.82% | $3,280 | $273 | $-920/yr |
| Pennsylvania | 1.36% | $5,440 | $453 | +$1,240/yr |
| New Jersey | 2.23% | $8,920 | $743 | +$4,720/yr |
| Home Value | Annual Tax | Monthly |
|---|---|---|
| $200K | $2,100 | $175 |
| $250K | $2,625 | $219 |
| $300K | $3,150 | $263 |
| $350K | $3,675 | $306 |
| $400K ← You | $4,200 | $350 |
| $450K | $4,725 | $394 |
| $500K | $5,250 | $438 |
| $600K | $6,300 | $525 |
| $750K | $7,875 | $656 |
| $1M | $10,500 | $875 |
Homestead Tax Credit (limits assessment increases to 10%), Homeowners' Tax Credit (income-based), Veterans' Exemption, Senior Tax Credit
Calculate your own numbers
Open PropertyCalcTools →Property tax on a $400,000 home in Maryland is approximately $4,200 per year, or $350 per month. Maryland's effective property tax rate is 1.05%, which is below the national average of 1.07%.
To lower property tax in Maryland: 1) Apply for all available exemptions (homestead, senior, veteran), 2) Appeal your assessment if your home is overvalued — success rates are 30-50%, 3) Check for errors in your property record (square footage, lot size, features), 4) Compare your assessment with similar nearby properties.
Property tax due dates vary by county in Maryland, but most jurisdictions bill semi-annually or annually. If you have a mortgage, property taxes are typically paid through your monthly escrow payment ($350/month for a $400K home). Contact your county assessor's office for exact deadlines.