21230 Property Tax Rate

Property owners in ZIP code 21230 (Baltimore, Maryland) pay a median of $5,350/year in property taxes on homes valued at $327,700. This translates to an effective tax rate of 1.63%, which is 70% above the Maryland state average of 0.96%.

The monthly property tax burden for a median-valued home in 21230 is approximately $446, which factors into escrow payments on mortgages. This ZIP code is located within Baltimore city. This is $1,376 more than the Maryland average of $3,974/year.

Compared to similar ZIP codes in Maryland, 21230 has higher property taxes. ZIP codes with similar effective rates include 21239 (1.58%) and 21231 (1.71%).

In Baltimore, property taxes represent approximately 5.7% of the median household income of $94,164, providing context for the relative tax burden on homeowners in this area.

Maryland's Homestead Tax Credit caps annual assessment increases at 10% for your primary residence, though your initial purchase-year assessment is unrestricted — file for the credit with the Baltimore City Department of Housing and Community Development. The credit applies automatically to qualifying primary residences but requires proper registration; contact Baltimore City's Assessor to ensure your homestead classification is recorded within 45 days of purchase. Request a copy of your Notice of Assessment and note that Baltimore City's rate (1.31%) is substantially higher than surrounding counties, so confirming your correct assessment is critical.