Maryland Minimum Wage and Income Tax 2026
What it costs to pay people and earn money in Maryland.
Minimum wage$15.00per hour
Income tax2.00% to 6.50%
State sales tax6.00%about 6.00% with local tax
Corporate tax8.25%
Minimum wage in Maryland
The minimum wage is $15.00 an hour, $7.75 above the federal $7.25.
Full time at 40 hours, that is $600 a week or $31,200 a year. It ranks 13 of 51, higher than 33 others.
As of July 1, 2026. Source: U.S. Department of Labor.
Income tax in Maryland
Maryland income tax runs from 2.00% to 6.50% across 10 brackets.
The top rate ranks 14 of 51.
Single filers, as of January 1, 2026. Source: Tax Foundation.
Corporate tax in Maryland
The top corporate income tax rate is 8.25%.
It ranks 9 of 51.
As of April 2, 2026. Source: Tax Foundation.
Sales tax in Maryland
The state rate is 6.00%. With the average local tax, shoppers pay about 6.00%.
As of July 1, 2026. Source: Tax Foundation.