Fairwood CDP, Maryland — Tax Burden
What is the tax burden in Fairwood CDP, Maryland?
Fairwood CDP, Maryland has a total tax burden of 10.69%, ranking #2942 nationally. Property tax rate: 1.07%, state income tax: 4.982%, sales tax: 6.00%. Median household income is $191,304.
Source: US Census ACS, 2022
Ranked #2942 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.69%
Rank: 2942nd nationally
Property Tax Rate
1.07%
Rank: 3062nd nationally
Income Tax Rate
4.982%
Maryland state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (35%)Income (47%)Sales (19%)
Median Income: $191,304
Median Home Value: $668,200
Median Property Tax: $7,138/yr
Population: 7,653