Maryland State Wire

Among Maryland counties, Talbot, Garrett and Montgomery had the highest percentage of property owners with mortgages who have at least 50 percent equity in their homes, according to an analysis by ATTOM Data Solutions looking at home equity at the end of the first quarter.

In Talbot County, 27 percent of all properties with a mortgage were considered “equity-rich.” The county with the second-highest rate was Garrett (26 percent), followed by Montgomery (24 percent). The analysis is based on a home’s estimated market value.

In Maryland, owners of 279,821 properties with mortgages have at least 50 percent equity in their homes. The state ranks 25th in the U.S., with 19.3 percent of all properties with a mortgage considered “equity-rich.”

ATTOM Data Solutions lacked enough data for some states to rank their home equity numbers.

Home mortgage equity rankings among Maryland counties

County	Population	Housing Units	Q1 2018 Equity Rich	Q1 2018 Percent Equity Rich
Talbot	37,668	20,110	2,813	27%
Garrett	29,677	19,080	2,169	26%
Montgomery	1,026,371	385,485	57,019	24%
Kent	19,819	10,667	1,464	23%
Carroll	167,535	63,123	9,534	22%
Howard	308,447	115,003	16,126	21%
Anne Arundel	559,737	219,319	29,476	20%
Caroline	32,653	13,525	1,486	20%
Baltimore	825,666	337,031	35,927	20%
Queen Anne's County	48,712	20,754	2,442	19%
Dorchester	32,451	16,700	1,392	19%
Harford	249,776	98,277	12,675	19%
Frederick	243,465	93,645	12,480	18%
Worcester	51,441	55,822	5,439	18%
Baltimore City	621,000	296,923	23,631	18%
Washington	149,571	61,199	5,657	18%
Prince George's County	897,693	330,708	35,539	17%
Allegany	73,060	33,211	2,540	17%
Somerset	25,899	11,244	706	17%
Calvert	90,527	34,613	4,573	17%
Cecil	102,175	42,269	4,026	16%
Wicomico	101,527	41,911	3,354	16%
Saint Marys	110,675	43,276	4,121	15%
Charles	154,357	58,014	5,232	12%

Source: ATTOM Data Solutions