Calvert County, Maryland Property Taxes
The median property tax rate in Calvert is 1.01%, which is slightly higher than the national median of 0.99% but lower than Maryland's state median of 1.06%. With a median home value of $346,200, the typical annual property tax bill in Calvert reaches $3,494, surpassing the national median of $2,690. Property taxes in Calvert are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Calvert's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Prince Frederick or another part of Calvert, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Calvert County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$3,497
$3,245
Ownwell’s Calvert County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Calvert County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Calvert 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's 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 Calvert County, Maryland
Property taxes in Calvert County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Calvert County is 1.01%, which is higher than the U.S. national median of 0.99%. Local government entities within Calvert County set these rates annually, and they can vary significantly between different areas within the county. Each year, Calvert 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 Calvert County's effective property tax rate with other regions and the national median. For comparison, the city of North Beach has one of the higher property tax rates in the region at 1.07%, while the city of Chesapeake Beach boasts one of the lowest at 0.91%. Analyzing how Calvert County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Calvert County Tax Rate
1.01%
Average Maryland Tax Rate
1.06%
Average United States Tax Rate
0.99%
Property Tax Rates Across Calvert County, Maryland
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Broomes Island | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
| Chesapeake Beach | 0.87% | 0.89% | 0.91% | 0.94% | 0.99% |
| Dunkirk | 0.89% | 0.92% | 0.93% | 0.94% | 0.95% |
| Friendship | N/A | N/A | N/A | N/A | N/A |
| Huntingtown | 0.97% | 0.99% | 1.00% | 1.01% | 1.02% |
| Lusby | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
| North Beach | 0.91% | 0.92% | 1.07% | 1.12% | 1.15% |
| Owings | 0.89% | 0.92% | 0.93% | 0.95% | 0.97% |
| Port Republic | 1.00% | 1.02% | 1.04% | 1.04% | 1.04% |
| Prince Frederick | 0.98% | 0.99% | 1.01% | 1.02% | 1.04% |
| Saint Leonard | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
| Solomons | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
| St Leonard | N/A | N/A | N/A | N/A | N/A |
| Sunderland | 0.91% | 0.92% | 0.94% | 0.98% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Calvert County, Maryland
In Calvert 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 Calvert 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 Calvert 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 Calvert County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Calvert County, Dunkirk has the highest median tax bill at $4,546, while Lusby has the lowest at $2,427. The median home price in the county is $346,200, offering a valuable benchmark for property owners.
Property Tax Assessment Values Across Calvert County, Maryland
Source: Ownwell
$226,700
$359,550
$492,400
Average Calvert County Assessed Value
$346,200
Average Maryland Assessed Value
$317,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Calvert County, Maryland
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Broomes Island | $157,500 | $213,400 | $334,200 | $517,100 | $669,600 |
| Chesapeake Beach | $219,400 | $296,400 | $351,800 | $478,400 | $591,120 |
| Dunkirk | $336,300 | $404,200 | $492,400 | $634,300 | $794,660 |
| Friendship | N/A | N/A | N/A | N/A | N/A |
| Huntingtown | $269,010 | $351,300 | $437,200 | $533,950 | $641,600 |
| Lusby | $137,270 | $188,575 | $226,700 | $288,925 | $414,120 |
| North Beach | $204,560 | $247,625 | $296,100 | $371,950 | $453,270 |
| Owings | $310,000 | $389,150 | $483,800 | $585,600 | $703,380 |
| Port Republic | $199,520 | $263,300 | $346,400 | $419,600 | $506,760 |
| Prince Frederick | $201,400 | $264,600 | $345,450 | $453,750 | $555,100 |
| Saint Leonard | $186,500 | $232,325 | $324,550 | $409,500 | $527,880 |
| Solomons | $187,240 | $232,200 | $309,200 | $398,400 | $535,320 |
| St Leonard | N/A | N/A | N/A | N/A | N/A |
| Sunderland | $248,460 | $348,700 | $447,100 | $561,750 | $665,840 |
Source: Ownwell
Property Tax Bills Across Calvert County, Maryland
In Calvert County, MD, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value, not the market value, to determine the annual tax bill. Several factors influence the final tax amount, including property location, size, and improvements. For instance, homes in Dunkirk have the highest median tax bill at $4,546, while those in Lusby have the lowest at $2,427. Homeowners in Calvert County typically see a wide range of tax bills. The 25th percentile tax bill stands at $2,561, reflecting lower-valued properties, whereas the 75th percentile reaches $4,635, indicating higher-valued homes. The 90th percentile tax bill can soar to $5,806. These figures highlight the variability in property taxes within the county, influenced by property assessments and local tax rates. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Calvert County Tax Bill
$3,494
Average Maryland Tax Bill
$3,419
Average United States Tax Bill
$2,690
Property Tax Bills Across Calvert County, Maryland
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Broomes Island | $1,682 | $2,221 | $3,481 | $5,394 | $6,960 |
| Chesapeake Beach | $2,173 | $2,692 | $3,241 | $4,364 | $5,379 |
| Dunkirk | $3,218 | $3,790 | $4,546 | $5,752 | $7,222 |
| Friendship | N/A | N/A | N/A | N/A | N/A |
| Huntingtown | $2,841 | $3,554 | $4,378 | $5,298 | $6,364 |
| Lusby | $1,793 | $2,075 | $2,427 | $3,095 | $4,428 |
| North Beach | $2,179 | $2,454 | $2,923 | $3,852 | $4,744 |
| Owings | $3,006 | $3,639 | $4,488 | $5,391 | $6,446 |
| Port Republic | $2,197 | $2,774 | $3,597 | $4,322 | $5,239 |
| Prince Frederick | $2,160 | $2,712 | $3,490 | $4,568 | $5,638 |
| Saint Leonard | $1,981 | $2,467 | $3,403 | $4,267 | $5,491 |
| Solomons | $2,049 | $2,488 | $3,281 | $4,155 | $5,608 |
| St Leonard | N/A | N/A | N/A | N/A | N/A |
| Sunderland | $2,455 | $3,352 | $4,220 | $5,270 | $6,601 |
Source: Ownwell