Caroline County, Maryland Property Taxes

Name: Property Tax Bills Across Caroline County, Maryland
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Caroline County effective property tax rate: 1.08%, slightly higher than the national median of 1.02%.
Median Caroline County home value: $216,400
Median annual Caroline County tax bill: $2,469, $69 higher than the national median property tax bill of $2,400.

How are property taxes in Caroline County calculated?

Property taxes in Caroline County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Denton or another part of Caroline County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Caroline County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.08%

Estimate Property Tax Bill

$2,337

$2,169

Ownwell’s Caroline County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Caroline County with just two data points. By entering your property's estimated assessed value, our calculator applies Caroline County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Caroline County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Caroline County, Maryland

Local government entities determine tax rates, leading to significant variations within a state. Each year, counties calculate the necessary budget to maintain services and divide it by the total assessed value of all taxable properties in their area, establishing the property tax rate. This process, though influenced by votes and regulations, essentially summarizes the annual procedure. In Caroline County, Maryland, the effective property tax rate is a crucial figure for comparison. Maryland has a median property tax rate of 1.08%, slightly above the national median of 1.02%. Within the state, tax rates can differ, with Hillsboro having the highest median at 1.10% and Denton the lowest at 1.00%. Caroline County's rate provides insight into how it aligns with these figures. Understanding these rates helps property owners anticipate their tax obligations and explore potential savings through appeals or exemptions. By comparing local rates to state and national medians, property owners can better assess their financial responsibilities.

Property Tax Rates Across Caroline County, Maryland

Source: Ownwell

1.00%

1.05%

1.10%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Caroline County Tax Rate

1.08%

Median Effective Maryland Tax Rate

1.06%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Caroline County, Maryland

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Barclay	N/A	N/A	N/A	N/A	N/A
Bethlehem	N/A	N/A	N/A	N/A	N/A
Denton	0.87%	0.94%	1.00%	1.38%	1.49%
Federalsburg	0.99%	1.09%	1.09%	1.89%	1.89%
Goldsboro	0.93%	1.01%	1.05%	1.08%	1.52%
Greensboro	0.91%	0.99%	1.04%	1.50%	1.62%
Henderson	1.00%	1.05%	1.06%	1.07%	1.09%
Hillsboro	1.00%	1.04%	1.10%	1.17%	1.19%
Marydel	1.00%	1.06%	1.07%	1.09%	1.35%
Preston	0.91%	1.06%	1.09%	1.09%	1.41%
Queen Anne	0.97%	1.00%	1.03%	1.05%	1.07%
Ridgely	0.96%	1.00%	1.05%	1.40%	1.44%

Source: Ownwell

Property Tax Assessment Values Across Caroline County, Maryland

When examining property taxes in Caroline County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Caroline County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Caroline County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Caroline County. For example, the median tax bill in Caroline County is $2400, with tax bills ranging significantly across the county. Queen Anne has the highest median home price at $327,900.

Property Tax Assessment Values Across Caroline County, Maryland

Source: Ownwell

$138,100

$233,000

$327,900

Median Caroline County Market Value

$216,400

Median Maryland Market Value

$317,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Caroline County, Maryland

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Barclay	N/A	N/A	N/A	N/A	N/A
Bethlehem	N/A	N/A	N/A	N/A	N/A
Denton	$148,200	$193,300	$268,500	$351,900	$441,800
Federalsburg	$68,300	$96,550	$138,100	$186,750	$261,620
Goldsboro	$96,840	$139,500	$204,900	$285,100	$397,760
Greensboro	$129,090	$174,775	$224,600	$289,425	$374,710
Henderson	$113,210	$160,550	$220,650	$299,275	$361,280
Hillsboro	$141,200	$166,700	$194,100	$233,800	$335,380
Marydel	$86,790	$115,850	$163,450	$206,925	$267,560
Preston	$116,720	$154,200	$202,900	$274,900	$378,040
Queen Anne	$247,360	$290,000	$327,900	$383,500	$425,760
Ridgely	$141,690	$182,875	$243,400	$312,625	$401,510

Source: Ownwell

Property Tax Bills Across Caroline County, Maryland

In Caroline County, MD, property tax bills are calculated based on the assessed value of a home. The local government assesses properties to determine their taxable value, which is then multiplied by the county's tax rate to calculate the annual tax bill. Several factors influence this assessment, including the home's size, location, and market conditions. The median property tax bill in Caroline County is $2,401, slightly above the national median of $2,400. This suggests that homeowners in the area pay a relatively standard amount compared to the national average. However, there's a wide range of tax bills across the county. For example, homeowners at the 25th percentile face a tax bill of $1,799, while those at the 90th percentile pay $4,369. The highest median tax bill is found in Queen Anne at $3,344, whereas Marydel has the lowest at $1,749. These variations impact homeowners differently, influencing their overall housing costs and financial planning.

Property Tax Bills Across Caroline County, Maryland

Source: Ownwell

$1,748

$2,546

$3,344

Median Caroline County Tax Bill

$2,469

Median Maryland Tax Bill

$3,419

Median United States Tax Bill

$2,400

Property Tax Bills Across Caroline County, Maryland

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Barclay	N/A	N/A	N/A	N/A	N/A
Bethlehem	N/A	N/A	N/A	N/A	N/A
Denton	$1,660	$2,201	$2,909	$3,966	$4,908
Federalsburg	$963	$1,304	$1,763	$2,439	$3,159
Goldsboro	$1,167	$1,688	$2,171	$2,877	$3,980
Greensboro	$1,528	$2,042	$2,622	$3,279	$4,102
Henderson	$1,289	$1,748	$2,297	$3,079	$3,718
Hillsboro	$1,557	$1,852	$2,061	$2,541	$3,370
Marydel	$998	$1,345	$1,749	$2,186	$2,887
Preston	$1,279	$1,686	$2,250	$3,009	$3,956
Queen Anne	$2,327	$2,949	$3,344	$3,927	$4,358
Ridgely	$1,701	$2,159	$2,734	$3,562	$4,473

Source: Ownwell