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Taxes in Potomac, Maryland

Complete tax guide for Potomac, MD. State income tax up to 5.75%, 1.1% property tax, 6.42% sales tax. Calculate your total tax burden.

Answer first

Taxes in Potomac, MD: income, FICA, property, and sales tax

For wage-income planning, this page estimates federal income tax, Maryland state income tax, Potomac local income tax, and FICA. It also shows property-tax and sales-tax estimates because local household tax burden depends on address-level property assessments, sales-tax districts, exemptions, and item categories.

State Income Tax

5.75%

Maryland

Property Tax

1.1%

Effective rate

Sales Tax

6.42%

Combined rate

Tax Burden

High

Potomac, MD Tax Overview

Population

46,256

Median Income

$81,700

Cost of Living

110.3 (100 = avg)

State Income Tax

5.75%

Local Income Tax

3%

Median Home Price

$342,000

Potomac Tax Calculator

Pre-filled with Potomac median: $81,700

Total Tax Burden in Potomac

$22,543

Take-Home: $59,157 · Effective Rate: 27.59%

Federal Tax

$9,144

11.19% eff.

MD State + Local

$7,149

8.75% eff.

FICA

$6,250

7.65% eff.

Take-Home

$59,157

72.41% kept

Tax Breakdown

Take-Home 72.41%
Federal
MD
FICA
Take-Home Federal Tax MD State + Local Tax FICA
ItemAnnualMonthly
Gross Income$81,700.00$6,808.33
Federal Income Tax-$9,144.00-$762.00
Maryland State Tax-$4,697.75-$391.48
Potomac Local Tax (3%)-$2,451.00-$204.25
Social Security (6.2%)-$5,065.40-$422.12
Medicare (1.45%)-$1,184.65-$98.72
Take-Home Pay$59,157.20$4,929.77

Property Tax in Potomac

Median Home

$342,000

Annual Tax

$3,762

Monthly Tax

$314

Effective Rate

1.1%

vs. National Average (1.1%)$0/yr
Median Property Tax Paid$3,762/yr

Sales Tax in Potomac

Combined Rate

6.42%

State Portion

~3.9%

Local Portion

~2.5%

The combined sales tax rate in Potomac is 6.42%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.42 in sales tax.

Sales and use tax can vary by exact address, district, item category, exemptions, and effective date. Treat this city rate as a planning estimate and verify large purchases with the official state sales-tax lookup or local tax authority.

Tax Burden Comparison

Tax TypePotomacMaryland AvgNational Avg
Income Tax5.75% + 3%5.75%4.6%
Property Tax1.1%~1.1%1.1%
Sales Tax6.42%~6.42%7.12%
Overall BurdenHighModerate

About Taxes in Potomac

Potomac has a population of approximately 46,256 residents with a median household income of $81,700. The cost of living index is 110.3 (10.3% higher than the national average of 100).

Tax burden classification: High. Effective combined tax rate of 30.5% includes federal, state, FICA, property, and sales taxes for a typical Potomac household.

Official Tax Resources for Maryland

For authoritative Maryland tax forms, filing deadlines, and the latest legislative updates, consult these official government resources:

Tax Saving Tips for Potomac Residents

  • Maryland's income tax rate of 5.75% is above average. Maximize pre-tax retirement contributions (401k up to $24,500, IRA up to $7,500) to reduce both federal and state taxable income.
  • Potomac has a local income tax of 3%. 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 Potomac (1.1%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,400 individual, $8,750 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Find Your Local Tax Authority in Potomac

The 1.1% property tax rate shown above is a city-profile effective estimate. Your actual Potomac property tax bill is set by your county assessor and may include additional levies from your school district, municipal utility district (MUD), or special assessment district. Use these official lookup tools to confirm exact rates for your specific address:

🏛️ County Tax Assessor

Look up the county your Potomac address belongs to and find your assessor's office:

🎓 School District (millage)

School districts add their own millage rate to property tax:

💧 MUD / Special Districts

Municipal Utility Districts and special assessment districts are common in fast-growing Maryland suburbs:

📋 Property Tax Appeal

Disagree with your assessment? You can appeal:

Why this matters: Two homes valued the same in Potomac can pay different property tax depending on which school district + MUD they fall within. Always verify with your specific address — the address-level rate may be 10-30% higher than the city average shown here.

Sources & Methodology

Tax rate data on this page is compiled from official government sources and updated for the 2026 tax year. Calculations follow the IRS-published 2026 federal tax brackets, FICA rates (6.2% Social Security up to $184,500 wage base, 1.45% Medicare), and Maryland state tax provisions. Property tax estimates use Potomac's median home value of $342,000and the local effective property tax rate of 1.1%.

Disclaimer: Estimates are for informational purposes only. Actual tax liability depends on filing status, deductions, credits, and individual circumstances. Consult a licensed tax professional or your state revenue agency for binding tax guidance.

Reviewed by LevyIO Tax Research Team · Published 2026-01-15 · Last updated 2026-05-27

Calculate Your Full Maryland Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Reviewed data sources

Reviewed May 27, 2026. Calculations use current public tax guidance and published source data.

Methodology

1. Enter the tax scenario

Use the filing status, income type, state, payroll, deduction, credit, or transaction details that match the real case.

2. Review assumptions

Check the visible formula context, source notes, related calculators, and federal or state limits before relying on the estimate.

3. Verify before filing

Confirm final tax positions with IRS guidance, state revenue agencies, payroll records, brokerage forms, or a qualified tax professional.

Planning estimate, not tax advice

LevyIO calculators are educational planning tools. Actual federal, state, payroll, property, sales, and local tax results can change with filing status, credits, deductions, residency, employer withholding, address-level rates, and current forms. Verify final filing positions with IRS or state guidance, payroll records, tax software, or a qualified tax professional.

Frequently Asked Questions

What are the tax rates in Potomac, MD?

Potomac, Maryland has a state income tax rate up to 5.75%, plus a local income tax of 3%. The property tax rate is 1.1% and the combined sales tax rate is 6.42%.

How much is property tax in Potomac?

The effective property tax rate in Potomac is 1.1%. On the median home price of $342,000, this equals approximately $3,762 per year or $314 per month. This is above the national average of 1.1%.

What is the sales tax rate in Potomac?

The combined sales tax rate in Potomac is 6.42%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Potomac's tax burden compare to other cities?

Potomac has a high overall tax burden. The effective total tax rate for a median-income household is approximately 30.5%. The combination of 5.75% state income tax, 1.1% property tax, and 6.42% sales tax determines the total burden. Cost of living index is 110.3 (100 = national average).

Are there any local taxes in Potomac?

Yes. Potomac imposes a local income tax of 3% in addition to the state income tax of 5.75%.