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How Much is Property Tax on a $750,000 Home in Maryland?
Property tax on a $750,000 home in Maryland typically ranges from $4,500 to $12,750 per year (roughly $375 to $1,063/month), depending on the county. Based on the statewide average effective rate of 1.07%, you can expect to pay around $8,025/year, or $669/month. Maryland property taxes include both state and county rates; the state caps annual assessment increases at 10% for homestead properties.