Charles County Property Taxes
The median property tax rate in Charles County is 1.34%, which is significantly higher than both the national median of 0.99% and the Maryland state median of 1.06%. With the median home value in Charles County at $334,400, the typical annual property tax bill reaches $4,464, exceeding the national median of $2,690. Property taxes in Charles County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Charles County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Waldorf or another part of Charles County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Charles County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$2,120
Ownwell’s Charles County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Charles County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Charles County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Charles County, Maryland
Property taxes in Charles County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Charles County is 1.34%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Charles County set these rates annually, and they can vary significantly between different areas within the county. Each year, Charles County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Charles County's effective property tax rate with other areas in Maryland. For comparison, the city of La Plata has one of the higher property tax rates in Maryland at 1.48%, while the city of Accokeek boasts one of the lowest at 1.18%. Analyzing how Charles County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Charles County Tax Rate
1.34%
Average Maryland Tax Rate
1.06%
Average United States Tax Rate
0.99%
Property Tax Rates Across Charles County, Maryland
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Accokeek | 1.08% | 1.14% | 1.18% | 1.22% | 1.27% |
| Bel Alton | 1.40% | 1.41% | 1.43% | 1.46% | 1.50% |
| Benedict | 1.39% | 1.43% | 1.46% | 1.49% | 1.53% |
| Brandywine | 1.39% | 1.41% | 1.43% | 1.45% | 1.50% |
| Bryans Rd | N/A | N/A | N/A | N/A | N/A |
| Bryans Road | 1.11% | 1.16% | 1.22% | 1.31% | 1.61% |
| Bryantown | 1.39% | 1.41% | 1.43% | 1.47% | 1.64% |
| Charlotte Hall | 1.39% | 1.40% | 1.43% | 1.45% | 1.48% |
| Cobb Island | 1.38% | 1.41% | 1.45% | 1.48% | 1.53% |
| Faulkner | 1.38% | 1.41% | 1.44% | 1.49% | 1.79% |
| Hughesville | 1.38% | 1.40% | 1.42% | 1.46% | 1.72% |
| Indian Head | 1.08% | 1.17% | 1.28% | 1.37% | 1.56% |
| Issue | N/A | N/A | N/A | N/A | N/A |
| Laplata | N/A | N/A | N/A | N/A | N/A |
| La Plata | 1.21% | 1.40% | 1.48% | 1.51% | 1.69% |
| Marbury | 1.03% | 1.14% | 1.20% | 1.29% | 1.33% |
| Mechanicsville | 1.41% | 1.43% | 1.44% | 1.47% | 1.49% |
| Mount Victoria | 1.22% | 1.38% | 1.39% | 1.45% | 1.53% |
| Nanjemoy | 1.01% | 1.11% | 1.23% | 1.33% | 1.43% |
| Newburg | 1.37% | 1.40% | 1.44% | 1.48% | 1.54% |
| Pomfret | 1.05% | 1.14% | 1.21% | 1.26% | 1.33% |
| Port Tobacco | 1.15% | 1.38% | 1.41% | 1.45% | 1.50% |
| Swan Point | 1.37% | 1.39% | 1.41% | 1.43% | 1.44% |
| Waldorf | 1.16% | 1.28% | 1.32% | 1.38% | 1.45% |
| Welcome | 1.06% | 1.14% | 1.25% | 1.35% | 1.43% |
| White Plains | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Charles County, Maryland
In Charles County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Charles County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Charles County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Charles County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Hughesville has the highest median tax bill at $5,505, while Benedict has the lowest at $3,156.
Property Tax Assessment Values Across Charles County, Maryland
Source: Ownwell
$219,900
$345,350
$470,800
Average Charles County Assessed Value
$334,400
Average Maryland Assessed Value
$317,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Charles County, Maryland
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Accokeek | $312,080 | $391,100 | $470,800 | $572,500 | $620,600 |
| Bel Alton | $209,800 | $246,100 | $301,600 | $355,000 | $405,460 |
| Benedict | $161,460 | $185,100 | $219,900 | $279,000 | $371,880 |
| Brandywine | $207,770 | $273,975 | $344,700 | $406,875 | $489,200 |
| Bryans Rd | N/A | N/A | N/A | N/A | N/A |
| Bryans Road | $218,500 | $274,800 | $341,000 | $440,100 | $549,500 |
| Bryantown | $198,300 | $279,000 | $356,600 | $443,550 | $529,900 |
| Charlotte Hall | $225,560 | $282,275 | $356,700 | $443,525 | $536,030 |
| Cobb Island | $145,310 | $183,950 | $234,350 | $332,975 | $445,290 |
| Faulkner | $202,100 | $244,625 | $336,000 | $420,375 | $492,650 |
| Hughesville | $202,030 | $300,700 | $387,100 | $485,775 | $572,600 |
| Indian Head | $65,800 | $206,800 | $266,900 | $358,100 | $497,520 |
| Issue | N/A | N/A | N/A | N/A | N/A |
| Laplata | N/A | N/A | N/A | N/A | N/A |
| La Plata | $179,380 | $263,700 | $336,200 | $416,400 | $511,120 |
| Marbury | $189,010 | $230,100 | $294,500 | $368,750 | $492,660 |
| Mechanicsville | $235,440 | $257,400 | $306,900 | $362,300 | $408,560 |
| Mount Victoria | $171,060 | $266,875 | $416,400 | $544,175 | $590,280 |
| Nanjemoy | $153,670 | $219,175 | $304,500 | $409,050 | $529,310 |
| Newburg | $173,180 | $202,325 | $272,350 | $387,400 | $547,900 |
| Pomfret | $265,200 | $327,300 | $385,400 | $468,650 | $592,100 |
| Port Tobacco | $222,200 | $287,400 | $414,500 | $542,850 | $630,260 |
| Swan Point | $267,700 | $296,000 | $353,500 | $432,100 | $531,320 |
| Waldorf | $218,700 | $270,475 | $328,200 | $415,500 | $508,600 |
| Welcome | $240,470 | $305,200 | $386,450 | $508,125 | $657,640 |
| White Plains | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Charles County, Maryland
In Charles County, MD, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. This assessed value is a percentage of the property's market value. Homeowners then apply the local property tax rate to this assessed value to determine their annual tax bill. Several factors influence the property tax bill, including the home's location, size, and market conditions. The median home price in Charles County stands at $334,400, with tax bills varying significantly across different percentiles. For instance, the 25th percentile tax bill is $3,554, while the 75th percentile tax bill rises to $5,850. At the 90th percentile, homeowners can expect a tax bill of $7,358. Comparatively, the highest median tax bill in the county is $5,505 in Hughesville, whereas the lowest median tax bill is $3,156 in Benedict. These variations can have a significant impact on homeowners, influencing their overall cost of living and financial planning.
Average Charles County Tax Bill
$4,464
Average Maryland Tax Bill
$3,419
Average United States Tax Bill
$2,690
Property Tax Bills Across Charles County, Maryland
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Accokeek | $4,037 | $4,451 | $5,474 | $6,526 | $6,811 |
| Bel Alton | $3,056 | $3,554 | $4,274 | $5,000 | $5,790 |
| Benedict | $2,084 | $2,640 | $3,156 | $3,965 | $5,471 |
| Brandywine | $2,927 | $3,866 | $4,879 | $5,747 | $6,905 |
| Bryans Rd | N/A | N/A | N/A | N/A | N/A |
| Bryans Road | $2,849 | $3,349 | $4,051 | $6,011 | $8,053 |
| Bryantown | $2,595 | $3,928 | $5,034 | $6,167 | $8,207 |
| Charlotte Hall | $3,329 | $4,090 | $5,083 | $6,285 | $7,732 |
| Cobb Island | $2,105 | $2,698 | $3,381 | $4,713 | $6,198 |
| Faulkner | $2,710 | $3,507 | $4,730 | $6,413 | $7,973 |
| Hughesville | $3,184 | $4,388 | $5,505 | $7,185 | $8,798 |
| Indian Head | $1,026 | $2,669 | $3,241 | $4,622 | $6,196 |
| Issue | N/A | N/A | N/A | N/A | N/A |
| Laplata | N/A | N/A | N/A | N/A | N/A |
| La Plata | $2,728 | $3,766 | $4,934 | $6,238 | $7,510 |
| Marbury | $2,040 | $2,790 | $3,432 | $4,323 | $5,656 |
| Mechanicsville | $3,348 | $3,733 | $4,387 | $5,158 | $6,022 |
| Mount Victoria | $2,624 | $3,680 | $5,453 | $7,567 | $8,173 |
| Nanjemoy | $1,911 | $2,628 | $3,559 | $4,816 | $6,350 |
| Newburg | $2,487 | $2,927 | $3,868 | $5,506 | $7,870 |
| Pomfret | $3,194 | $3,940 | $4,531 | $5,452 | $6,853 |
| Port Tobacco | $3,099 | $4,105 | $5,461 | $7,434 | $9,441 |
| Swan Point | $3,654 | $4,196 | $4,917 | $6,147 | $7,491 |
| Waldorf | $2,954 | $3,607 | $4,300 | $5,502 | $6,843 |
| Welcome | $2,854 | $3,898 | $4,785 | $5,993 | $7,592 |
| White Plains | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell