Sabillasville, Frederick County, Maryland Property Taxes
The median property tax rate in Sabillasville, MD is 1.23%, considerably higher than both the national median of 0.99% and the Maryland state median of 1.06%. With the median home value in Sabillasville, the typical annual property tax bill reaches $2,563, closely aligning with the national median of $2,690. Property taxes in Sabillasville 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 Sabillasville'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 Sabillasville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sabillasville, Frederick County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,614
$2,425
Ownwell’s Sabillasville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sabillasville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sabillasville 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Sabillasville, Frederick County, Maryland
Property taxes in Sabillasville, Maryland, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sabillasville is 1.23%, higher than both the Maryland state median and the U.S. national median of 0.99%. Local government entities within Sabillasville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sabillasville 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 Sabillasville's effective property tax rate to other counties in Maryland and the national median. For comparison, the zip code 21780 has both the highest and lowest median property tax rate of 1.23%. Understanding how these areas compare with Sabillasville provides valuable insights into the varying tax landscape across Frederick County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sabillasville Tax Rate
1.23%
Average Frederick County Tax Rate
1.20%
Average Maryland Tax Rate
1.06%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sabillasville, Frederick County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21780 | 1.16% | 1.21% | 1.23% | 1.26% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Sabillasville, Frederick County, Maryland
In Sabillasville, 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 Frederick 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 Sabillasville, 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. For example, the median home price in Sabillasville is $212,500, and property tax bills can range significantly. The 25th percentile tax bill is $1,956, while the 75th percentile tax bill is $3,585, and the 90th percentile tax bill reaches $5,077. The zip code 21780 has the highest and lowest median tax bill, both at $2,563. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Sabillasville, Frederick County, Maryland
Source: Ownwell
$211,100
$375,950
$540,800
Average Sabillasville Assessed Value
$212,500
Average Frederick County Assessed Value
$362,500
Average Maryland Assessed Value
$317,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sabillasville, Frederick County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21780 | $128,000 | $159,300 | $212,500 | $302,700 | $422,500 |
Source: Ownwell
Property Tax Bills Across Sabillasville, Frederick County, Maryland
In Sabillasville, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in the area is $212,500. Homeowners in Frederick County, where Sabillasville is located, see a range of tax bills. For example, the 25th percentile tax bill is $1,956, while the 75th percentile reaches $3,585, and the 90th percentile can go up to $5,077. These figures indicate that property taxes can vary significantly depending on the assessed value and specific characteristics of the property. Factors such as property size, location, and improvements can influence the assessed value, subsequently affecting the tax bill. Compared to the national median property tax rate of 0.99%, homeowners in Sabillasville may find their tax bills relatively higher or lower, depending on their specific circumstances. This variability impacts homeowners by affecting their annual budgeting and long-term financial planning. The highest and lowest median tax bill in the area is $2,563, both occurring in the zip code 21780.
Property Tax Bills Across Sabillasville, Frederick County, Maryland
Source: Ownwell
$2,294
$4,255
$6,216
Average Sabillasville Tax Bill
$2,563
Average Frederick County Tax Bill
$4,509
Average Maryland Tax Bill
$3,419
Average United States Tax Bill
$2,690
Property Tax Bills Across Sabillasville, Frederick County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21780 | $1,563 | $1,956 | $2,563 | $3,585 | $5,077 |
Source: Ownwell