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Newburg
Newburg
Maryland
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Newburg is an unincorporated community in Charles County, Maryland, United States. Newburg has two stores, a lodge hall, and a fire department, as well as Piccowaxen Middle School and Dr. Thomas L. Higdon Elementary, both serving the entire Cobb Neck peninsula (i.e. all along MD 257 to Cobb Island). Newburg also is the northbound terminus of the Harry Nice Memorial Bridge serving U.S. Route 301.

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Taxes

D+

How did Maryland earn the grade of D+? We examined the state taxes based on how age friendly they are. Maryland has a state sales tax of 6.00%. Of particular interest is that Maryland does not have taxes on social security. There are estate taxes. There are taxes imposed on inheritance. Maryland has an effective property tax rate of 1.10%. Weighing these taxes and other taxes most likely to impact the aging population is how Maryland earned its state tax grade of D+.

Learn more about taxes in Maryland

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