2004 Assessment Ratios Survey Report

This table shows assessed values and ratios of real property used for different purposes. Ratios shown are median ratios of arms-length sales of properties in Group 2 that
were sold between July 1, 2003 and June 30, 2004, compared with the Department's January 1, 2004, assessed value. In jurisdictions with fewer than 10 commercial sales, the statewide ratio is used (see Table V). A ratio of 100% is used for property not assessed on market value.

	Number of	Residential		Commercial		Agricultural		Use Value		Total	Weighted
	Properties	Base	Ratio	Base	Ratio	Base	Ratio	Base	Ratio	Base	Ratio
Allegany	38,231	1,630,276,269	95%	571,298,200	89%	65,552,487	95%	0	100%	2,267,126,956	93.4%
Anne Arundel	190,703	34,787,871,613	87%	8,353,887,922	75%	321,853,168	87%	7,807,820	100%	43,471,420,523	84.4%
Baltimore City	219,611	12,803,579,731	94%	6,656,440,494	97%	0	94%	0	100%	19,460,020,225	95.0%
Baltimore	270,235	34,736,784,395	86%	12,067,707,404	88%	702,931,526	86%	25,788,533	100%	47,533,211,858	86.5%
Calvert	39,030	5,723,915,809	83%	529,336,644	73%	179,928,131	83%	1,710	100%	6,433,182,294	82.1%
Caroline	14,879	1,019,530,384	87%	222,367,690	89%	235,608,171	87%	4,494,566	100%	1,482,000,811	87.3%
Carroll	61,654	9,335,836,623	86%	1,436,361,150	90%	603,879,002	86%	9,696,798	100%	11,385,773,573	86.6%
Cecil	43,237	4,390,068,698	88%	1,088,925,040	93%	355,656,994	88%	9,890	100%	5,834,660,622	88.9%
Charles	54,219	7,282,925,178	87%	1,629,561,179	99%	259,522,635	87%	1,740	100%	9,172,010,732	88.9%
Dorchester	19,090	1,159,192,233	86%	414,655,409	83%	210,177,622	86%	9,895,494	100%	1,793,920,758	85.4%
Frederick	83,426	12,184,492,291	88%	3,063,998,409	93%	810,423,084	88%	24,536,353	100%	16,083,450,137	88.9%
Garrett	26,452	1,989,917,288	92%	275,919,234	89%	134,791,248	92%	0	100%	2,400,627,770	91.6%
Harford	86,945	11,697,389,865	86%	2,401,072,107	80%	503,182,195	86%	0	100%	14,601,644,167	85.0%
Howard	89,106	19,481,162,496	88%	5,743,462,875	89%	282,522,436	88%	0	100%	25,507,147,807	88.2%
Kent	12,286	1,155,932,048	87%	259,552,695	89%	236,781,457	87%	275,778	100%	1,652,541,978	87.3%
Montgomery	297,463	78,893,215,038	92%	22,583,571,599	98%	400,137,012	92%	86,479,833	100%	101,963,403,482	93.3%
Prince George's	250,957	35,535,547,850	86%	12,112,810,847	78%	28,332,172	86%	20,390,634	100%	47,697,081,503	83.8%
Queen Anne's	23,159	3,624,581,224	89%	423,837,485	70%	437,635,216	89%	995,742	100%	4,487,049,667	86.8%
St. Mary's	41,562	4,778,932,610	83%	885,379,650	89%	313,509,592	83%	5,525,891	100%	5,983,347,743	83.8%
Somerset	15,174	545,106,442	85%	123,891,201	89%	105,112,778	85%	643,643	100%	774,754,064	85.2%
Talbot	19,165	3,863,370,520	90%	605,660,720	87%	576,249,146	90%	3,048,880	100%	5,048,329,266	89.6%
Washington	52,566	4,958,752,140	89%	2,040,203,620	97%	366,092,420	89%	0	100%	7,365,048,180	91.1%
Wicomico	41,959	2,848,043,594	94%	1,059,778,816	82%	211,927,245	94%	214,360	100%	4,119,964,015	90.6%
Worcester	58,334	7,621,909,430	88%	1,776,575,605	82%	208,614,992	88%	111,410	100%	9,607,211,437	86.8%

Statewide	2,049,443	302,048,333,769	88%	86,326,255,995	89%	7,550,420,729	88%	199,919,075	100%	396,124,929,568	88.2%

2004

Table I

Fiscal Year 2005 Real Property Tax Base/Ratio by Subdivision