Maryland Property Law Lawyer: Maryland Homestead Credit Rates by County/Municipality

The Homestead Credit limits the yearly increase in taxable assessments for qualifying Maryland real property to 10% or less each year. However, not every county has the same percentage cap. For example many set the cap at 10% however Prince George’s County and Anne Arundel County set the cap currently at 2%.

To discuss this and other property laws in Maryland, or to ensure your deed is drafted and filed correctly under Maryland and county laws, call or e-mail for a free confidential consultation: Maryland attorney Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.

Below is a list of Maryland County and Municipal Homestead Credit percentages, current as of July 1, 2014:

LOCATION, PERCENT CAP

Allegany, 107
Cumberland, 107
Frostburg, 106

Anne Arundel, 102
Annapolis, 110

Baltimore City, 104

Baltimore, 104

Calvert, 110
Chesapeake Beach, 110

Caroline, 105
Denton, 105
Federalsburg, 110
Goldsboro, 110
Greensboro, 110
Marydel, 110
Preston, 110
Ridgely, 105

Carroll, 105
Hampstead, 107
Mt. Airy, 100
Sykesville, 110
Taneytown, 110
Westminster, 107

Cecil, 108
Cecilton, 108
Charlestown, 108
Chesapeake City, 108
Elkton, 108
North East, 108
Perryville, 110
Port Deposit, 110

Charles, 107
Indian Head, 110
La Plata, 107

Dorchester, 105
Hurlock, 110

Frederick, 105
Brunswick, 105
Frederick City, 105
Mt. Airy, 100
Walkersville, 110

Garrett, 105
Grantsville, 110
Loch Lynn Heights, 110

Harford, 105
Aberdeen, 110
Bel Air, 110
Havre de Grace, 105

Howard, 105

Kent, 105
Betterton, 110
Chestertown, 105
Galena, 110
Millington, 110
Rock Hall, 110

Montgomery, 110
Kensington, 105
Rockville, 110
Somerset, 110
Takoma Park, 110
Town of Chevy Chase, 110

Prince George’s, 102
Berwyn Heights, 110
Bladensburg, 110
Bowie, 105
Cheverly, 110
College Park, 104
Colmar Manor, 105
Cottage City, 110
District Heights, 110
Forest Heights, 108
Greenbelt, 110
Hyattsville, 110
Laurel, 110
Morningside, 110
Mount Rainier, 110
New Carrollton, 110
North Brentwood, 110
Riverdale Park, 110
University Park, 110
Upper Marlboro, 100

Queen Anne’s, 105
Centreville, 110
Millington, 110

St. Mary’s, 105
Leonardtown, 110

Somerset, 110

Talbot, 100
Easton, 110
Oxford, 105

Washington, 105
Hagerstown, 105
Smithsburg, 105

Wicomico, 105
Fruitland, 110
Salisbury, 100

Worcester, 103
Berlin, 105
Pocomoke City, 110