Churchton, Maryland Property Taxes
The median property tax rate in Churchton, MD, is 1.07%, slightly higher than both the national median of 0.99% and Maryland's state median of 1.06%. With the median home value in Churchton at $310,800, the typical annual property tax bill reaches $3,097, surpassing the national median of $2,690. Property taxes in Churchton are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Churchton'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 Churchton or another part of Anne Arundel County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Churchton, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$3,326
Ownwell’s Churchton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Churchton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Churchton to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Anne Arundel County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Churchton, Maryland
Property taxes in Churchton, Maryland, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Churchton is 1.07%, higher than the U.S. national median of 0.99%. Local government entities within Churchton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Churchton 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 Churchton's effective property tax rate to other counties in Maryland and the national median. For comparison, the 20733 zip code has the highest median property tax rate of 1.07%, while the same zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Churchton provides valuable insights into the varying tax landscape across Anne Arundel County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Churchton Tax Rate
1.07%
Average Anne Arundel County Tax Rate
0.97%
Average Maryland Tax Rate
1.06%
Average United States Tax Rate
0.99%
Property Tax Rates Across Churchton, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20733 | 0.76% | 0.83% | 1.07% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Churchton, Maryland
In Churchton, Maryland, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Anne Arundel County 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 Churchton, 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 Churchton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Churchton is $310,800, with tax bills ranging from $2,548 at the 25th percentile to $5,295 at the 90th percentile. The zip code 20733 has both the highest and lowest median tax bill, valued at $3,097.
Property Tax Assessment Values Across Churchton, Maryland
Source: Ownwell
$224,750
$1,053,975
$1,883,200
Average Churchton Assessed Value
$310,800
Average Anne Arundel County Assessed Value
$376,600
Average Maryland Assessed Value
$317,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Churchton, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20733 | $234,140 | $267,600 | $310,800 | $391,000 | $535,900 |
Source: Ownwell
Property Tax Bills Across Churchton, Maryland
Property tax bills in Churchton, located in Anne Arundel County, MD, are calculated based on the assessed value of a property and the local tax rate. The median home price in Churchton is $310,800, which plays a significant role in determining the tax bill. The local tax rate is applied to this assessed value to calculate the annual property tax. Several factors influence the tax bill, including the property's location, size, and condition. The tax bill can vary widely, with the 25th percentile at $2,548, the 75th percentile at $3,873, and the 90th percentile reaching up to $5,295. These variations indicate how different factors and property values affect the overall tax burden on homeowners. Homeowners in Churchton face property tax bills that can significantly impact their finances, especially when compared to the national median property tax rate of 0.99%. The highest and lowest median tax bills in the area are both recorded at $3,097 in the zip code 20733, reflecting a relatively stable tax environment within this locality.
Average Churchton Tax Bill
$3,097
Average Anne Arundel County Tax Bill
$3,553
Average Maryland Tax Bill
$3,419
Average United States Tax Bill
$2,690
Property Tax Bills Across Churchton, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20733 | $2,135 | $2,548 | $3,097 | $3,873 | $5,295 |
Source: Ownwell