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Baltimore Suburb Median Prices and Tax Rates Show Investor Potential
Median home prices and county tax rates in several Baltimore suburbs provide concrete figures for evaluating residential investment options.
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Median home prices in Baltimore suburbs range from around $360,000 in Catonsville to $650,000 in Ellicott City, with additional details on property taxes in Rodgers Forge offering direct comparisons to city rates.
Price Levels in Key Suburbs
Towson carries a median home price near $420,000 according to local market data. Catonsville shows a median around $360,000. Columbia stands as the largest suburb with over 100,000 residents. Ellicott City lists a median of $650,000, where historic homes in Old Ellicott City command higher prices. These figures appear in reports on Baltimore area housing.
Tax Comparison in Rodgers Forge
Rodgers Forge sits north of the city line in Baltimore County and carries a tax rate of $1.10 per $100 assessed value. This compares with $2.248 in Baltimore City. The neighborhood features strong public schools, which factors into assessments for potential buyers focused on long-term holdings.
Suburb Characteristics Tied to Values
Towson offers top-rated public schools and a walkable downtown located 20 minutes from the Inner Harbor. Catonsville is noted for its festival-loving community and strong schools. These attributes align with the documented price points and may influence rental demand or resale considerations without specific yield projections available in current data.
Columbia provides scale as the largest suburb by population. Ellicott City maintains higher median values linked to its historic district. Investors reviewing these suburbs can reference the exact median prices and tax rates listed in the source materials for each location.
Next Steps for Evaluation
Review the median prices and tax rates against individual property assessments in Towson, Catonsville, Columbia, Ellicott City and Rodgers Forge. Local real estate listings and county records supply the latest comparable sales to match against the reported figures.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.