Maryland State Wire

Maryland collected $138 million in property taxes during the fourth quarter of 2024, an 86.9% decrease from the third quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the third quarter of 2024 was $1.1 billion.

Overall, Maryland collected $7.7 billion in combined tax revenues in the fourth quarter of 2024, an increase from the $6.8 billion collected in the previous quarter.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Type of Tax	Amount (millions)
Property Taxes	$138
Sales and Gross Receipts Taxes	$3,222
Income Taxes	$3,781
License Taxes	$297
Other Taxes	$188

Source: U.S. Census Bureau