Myersville, Frederick County, Maryland Property Taxes
Median Myersville, MD effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Myersville, MD home value: $327,900
Median annual Myersville, MD tax bill: $4,161, $1,761 higher than the national median property tax bill of $2,400.
How are property taxes in Frederick calculated?
Property taxes in Myersville, 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 Myersville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Myersville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Myersville, Frederick County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.22%
Estimate Property Tax Bill
$4,000
$3,712
Property Tax Rates Across Myersville, Frederick County, Maryland
Local government entities set property tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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 Myersville, located in Frederick County, Maryland, the property tax rate is 1.22%, which stands out when compared to both state and national figures. Maryland's median property tax rate is the same as Myersville's at 1.22%, but it surpasses the national median of 1.02%. This higher rate can impact homeowners’ annual expenses, with the median property tax bill potentially exceeding the national median of $2,400.
Understanding these figures is crucial for homeowners looking to manage their property tax obligations effectively. By comparing Myersville’s effective property tax rate to other cities in Maryland and the U.S., homeowners can gain insights into their tax liabilities and explore potential savings through property tax appeals and exemptions.
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 Myersville Tax Rate
1.22%
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 Frederick County Tax Rate
1.20%
Median Effective Maryland Tax Rate
1.06%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Myersville, Frederick County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21773 | 1.16% | 1.20% | 1.22% | 1.42% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Myersville, Frederick County, Maryland
When examining property taxes in Myersville, MD, 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 Frederick 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 Frederick 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 Myersville.
For example, the median home price in Myersville is $327,900, with tax bills ranging significantly across the county. 21773 has the highest median home price at $327,900.
Property Tax Assessment Values Across Myersville, Frederick County, Maryland
Source: Ownwell
$211,100
$375,950
$540,800
Median Myersville Market Value
$327,900
Median Frederick County Market Value
$362,500
Median Maryland Market Value
$317,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Myersville, Frederick County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21773 | $201,920 | $254,700 | $327,900 | $404,800 | $527,740 |
Source: Ownwell
Property Tax Bills Across Myersville, Frederick County, Maryland
Median Myersville Tax Bill
$4,161
Median Frederick County Tax Bill
$4,509
Median Maryland Tax Bill
$3,419
Median United States Tax Bill
$2,400
Property Tax Bills Across Myersville, Frederick County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21773 | $2,323 | $3,199 | $4,161 | $5,206 | $6,469 |
Source: Ownwell