Taxes in College Park, Maryland
Complete tax guide for College Park, MD. State income tax up to 5.75%, 1.06% property tax, 7.35% sales tax. Calculate your total tax burden.
State Income Tax
5.75%
Maryland
Property Tax
1.06%
Effective rate
Sales Tax
7.35%
Combined rate
Tax Burden
Moderate
College Park, MD Tax Overview
Population
32,196
Median Income
$81,900
Cost of Living
118.6 (100 = avg)
State Income Tax
5.75%
Local Income Tax
2.06%
Median Home Price
$341,000
College Park Tax Calculator
Pre-filled with College Park median: $81,900
Total Tax Burden in College Park
$22,294
Take-Home: $59,606 · Effective Rate: 27.22%
Federal Tax
$9,632
11.76% eff.
MD State + Local
$6,396
7.81% eff.
FICA
$6,265
7.65% eff.
Take-Home
$59,606
72.78% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $81,900.00 | $6,825.00 |
| Federal Income Tax | -$9,632.00 | -$802.67 |
| Maryland State Tax | -$4,709.25 | -$392.44 |
| College Park Local Tax (2.06%) | -$1,687.14 | -$140.60 |
| Social Security (6.2%) | -$5,077.80 | -$423.15 |
| Medicare (1.45%) | -$1,187.55 | -$98.96 |
| Take-Home Pay | $59,606.26 | $4,967.19 |
Property Tax in College Park
Median Home
$341,000
Annual Tax
$3,615
Monthly Tax
$301
Effective Rate
1.06%
Sales Tax in College Park
Combined Rate
7.35%
State Portion
~4.8%
Local Portion
~2.5%
The combined sales tax rate in College Park is 7.35%, which is above the national average of 7.12%. On a $100 purchase, you would pay $7.35 in sales tax.
Tax Burden Comparison
| Tax Type | College Park | Maryland Avg | National Avg |
|---|---|---|---|
| Income Tax | 5.75% + 2.06% | 5.75% | 4.6% |
| Property Tax | 1.06% | ~1.06% | 1.1% |
| Sales Tax | 7.35% | ~7.35% | 7.12% |
| Overall Burden | Moderate | — | Moderate |
Tax Saving Tips for College Park Residents
- Maryland's income tax rate of 5.75% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- College Park has a local income tax of 2.06%. If you work remotely, verify whether you owe city tax based on where you work or where you live. Some cities only tax people who work within city limits.
- Property tax in College Park (1.06%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Maryland
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HighCalculate Your Full Maryland Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in College Park, MD?
College Park, Maryland has a state income tax rate up to 5.75%, plus a local income tax of 2.06%. The property tax rate is 1.06% and the combined sales tax rate is 7.35%.
How much is property tax in College Park?
The effective property tax rate in College Park is 1.06%. On the median home price of $341,000, this equals approximately $3,615 per year or $301 per month. This is below the national average of 1.1%.
What is the sales tax rate in College Park?
The combined sales tax rate in College Park is 7.35%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does College Park's tax burden compare to other cities?
College Park has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 29.6%. The combination of 5.75% state income tax, 1.06% property tax, and 7.35% sales tax determines the total burden. Cost of living index is 118.6 (100 = national average).
Are there any local taxes in College Park?
Yes. College Park imposes a local income tax of 2.06% in addition to the state income tax of 5.75%.