Waldorf, Charles County, Maryland Property Taxes

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

Median Waldorf, MD effective property tax rate: 1.32%, significantly higher than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Waldorf, MD home value: $328,200
Median annual Waldorf, MD tax bill: $4,300, $1,900 higher than the national median property tax bill of $2,400.

How are property taxes in Charles calculated?

Property taxes in Waldorf, MD 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 Waldorf’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Waldorf, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Waldorf, Charles County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.32%

Estimate Property Tax Bill

$4,332

$4,020

Ownwell’s Waldorf Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Waldorf with just two data points. By entering your property's estimated assessed value, our calculator applies Waldorf’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 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 Charles County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Waldorf, Charles County, Maryland

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Waldorf, located in Charles County, the effective property tax rate is 1.32%. This rate is slightly above the national median property tax rate of 1.02%, reflecting the unique budgetary needs and property values of the area. Within Charles County, the highest median tax rate is 1.37% in the 20601 zip code, while the lowest is 1.30% in the 20603 zip code. These figures underscore the variability in property tax rates even within a single county. Comparing these rates with the national median property tax bill of $2,400 provides insight into how Waldorf's property tax obligations align with broader trends across the U.S.

Property Tax Rates Across Waldorf, Charles County, Maryland

Source: Ownwell

1.18%

1.33%

1.48%

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 Waldorf Tax Rate

1.32%

Median Effective Charles County Tax Rate

1.34%

Median Effective Maryland Tax Rate

1.06%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Waldorf, Charles County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20601	1.26%	1.31%	1.37%	1.43%	1.63%
20602	1.24%	1.28%	1.31%	1.35%	1.42%
20603	1.13%	1.19%	1.30%	1.35%	1.40%

Source: Ownwell

Property Tax Assessment Values Across Waldorf, Charles County, Maryland

When examining property taxes in Waldorf, Maryland, 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 Charles 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.

In Charles County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Waldorf. For example, the median home price in Waldorf is $328,200, with tax bills ranging significantly across the county. Zip code 20603 has the highest median home price at $378,400.

Property Tax Assessment Values Across Waldorf, Charles County, Maryland

Source: Ownwell

$219,900

$345,350

$470,800

Median Waldorf Market Value

$328,200

Median Charles County Market Value

$334,400

Median Maryland Market Value

$317,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Waldorf, Charles County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20601	$217,900	$261,475	$316,500	$393,125	$467,600
20602	$208,300	$254,600	$303,000	$350,500	$431,780
20603	$237,800	$295,800	$378,400	$484,725	$569,900

Source: Ownwell

Property Tax Bills Across Waldorf, Charles County, Maryland

In Waldorf, located in Charles County, MD, property tax bills are calculated based on the assessed value of a home. Homeowners in Waldorf experience a median property tax bill that significantly exceeds the national median of $2400. The median home price in Waldorf is $328,200, which contributes to the higher tax bills. The 25th percentile tax bill is $3607, while the 75th percentile reaches $5502, and the 90th percentile climbs to $6843. These figures indicate that many homeowners pay substantially more than the national average. Factors influencing the tax bill include the property's assessed value and local tax rates. High property taxes can strain homeowners, impacting their financial well-being. Ownwell offers a solution by helping homeowners appeal their property tax assessments and identify eligible exemptions. By leveraging expertise and local knowledge, Ownwell can potentially reduce tax liabilities, providing financial relief. Homeowners can benefit from significant savings, making property ownership more affordable and manageable.

Property Tax Bills Across Waldorf, Charles County, Maryland

Source: Ownwell

$3,156

$4,331

$5,505

Median Waldorf Tax Bill

$4,300

Median Charles County Tax Bill

$4,464

Median Maryland Tax Bill

$3,419

Median United States Tax Bill

$2,400

Property Tax Bills Across Waldorf, Charles County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20601	$3,020	$3,663	$4,306	$5,471	$6,936
20602	$2,809	$3,362	$3,935	$4,602	$5,935
20603	$3,165	$3,842	$4,737	$5,984	$7,591

Source: Ownwell