Church Hill, Maryland Property Taxes
The median property tax rate in Church Hill, MD is 0.85%, which is lower than both the national median of 0.99% and the Maryland state median of 1.06%. With a median home value of $296,400 in Church Hill, the typical annual property tax bill is $2,742, slightly below the national median of $2,690. Property taxes in Church Hill are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Church Hill's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Church Hill or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Church Hill, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$2,519
Ownwell’s Church Hill Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Church Hill using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Church Hill to project your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more granular data, scroll down to explore neighborhood-specific trends. Your property’s assessed value is the figure assigned by the county for property tax purposes, incorporating any applicable exemptions.
Property Tax Rates Across Church Hill, Maryland
Property taxes in Church Hill, Maryland, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Church Hill is 0.85%, which is lower than the U.S. national median of 0.99%. Local government entities within Church Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Church Hill estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Church Hill's effective property tax rate to other areas in Queen Anne's County and the national median. For comparison, the 21623 zip code has both the highest and lowest median property tax rate of 0.85%. Understanding how these areas compare with Church Hill provides valuable insights into the varying tax landscape across Queen Anne's County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Church Hill Tax Rate
0.85%
Average Queen Anne's County Tax Rate
0.94%
Average Maryland Tax Rate
1.06%
Average United States Tax Rate
0.99%
Property Tax Rates Across Church Hill, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21623 | 0.76% | 0.80% | 0.85% | 1.10% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Church Hill, Maryland
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Church Hill, Maryland. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the local appraisal district for tax purposes. In contrast, the assessed value 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. In Church Hill, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Church Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,742 in zip code 21623, reflecting the uniformity in tax assessments within the region.
Average Church Hill Assessed Value
$296,400
Average Queen Anne's County Assessed Value
$361,000
Average Maryland Assessed Value
$317,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Church Hill, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21623 | $169,940 | $213,200 | $296,400 | $434,550 | $572,040 |
Source: Ownwell
Property Tax Bills Across Church Hill, Maryland
In Church Hill, located in Queen Anne's County, MD, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects the market value of the property. Homeowners in this area can expect their property tax bills to vary significantly, with the 25th percentile tax bill at $2,114 and the 75th percentile reaching $3,766. The 90th percentile tax bill is notably higher at $5,008. These tax bills are influenced by various factors, including property size, location, and any improvements made to the home. The median home price in Church Hill is $296,400, which, when compared to the national median property tax rate of 0.99%, indicates that local tax rates may be relatively higher. For homeowners, understanding these factors is crucial as they directly impact annual expenses and overall financial planning. Accurate assessments and potential appeals can help in managing these costs effectively.
Average Church Hill Tax Bill
$2,742
Average Queen Anne's County Tax Bill
$3,399
Average Maryland Tax Bill
$3,419
Average United States Tax Bill
$2,690
Property Tax Bills Across Church Hill, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21623 | $1,690 | $2,114 | $2,742 | $3,766 | $5,008 |
Source: Ownwell