Bel Air, Harford County, Maryland Property Taxes

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

Median BEL AIR, MD effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median BEL AIR, MD home value: $338,950
Median annual BEL AIR, MD tax bill: $3,075, $675 higher than the national median property tax bill of $2,400.

How are property taxes in Harford calculated?

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

Last Updated March 1, 2025

Bel Air, Harford County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$3,152

$2,925

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

Property Tax Rates Across Bel Air, Harford County, Maryland

Local government entities set 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.

Below, you can compare Bel Air’s effective property tax rate to other cities in Maryland and the median property tax rates in Maryland and the U.S. In Bel Air, located in Harford County, the property tax rate is slightly below the national median of 1.02%. Maryland, as a state, also has a lower median property tax rate than the national median. Within Harford County, the property tax rates show some variation, with the highest being in the 21015 zip code and the lowest in the 21014 zip code. This variation highlights how property tax rates can differ even within the same county, influenced by local budgetary needs and property values. Understanding these differences can help property owners in Bel Air make informed decisions about their property tax obligations.

Property Tax Rates Across Bel Air, Harford County, Maryland

Source: Ownwell

0.90%

0.99%

1.07%

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 Bel Air Tax Rate

0.93%

Median Effective Harford County Tax Rate

0.99%

Median Effective Maryland Tax Rate

1.06%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bel Air, Harford County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
21014	0.77%	0.82%	0.91%	0.93%	0.95%
21015	0.87%	0.92%	0.95%	1.06%	1.08%

Source: Ownwell

Property Tax Assessment Values Across Bel Air, Harford County, Maryland

When examining property taxes in Bel Air, 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 Harford County assessment authority 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 Harford 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 Bel Air.

For example, the median home price in Bel Air is $338,950, with tax bills ranging significantly across the county. Zip code 21015 has the highest median home price at $345,350.

Property Tax Assessment Values Across Bel Air, Harford County, Maryland

Source: Ownwell

$164,500

$289,000

$413,500

Median Bel Air Market Value

$338,950

Median Harford County Market Value

$279,650

Median Maryland Market Value

$317,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bel Air, Harford County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
21014	$175,000	$245,000	$334,300	$431,500	$520,170
21015	$193,950	$245,300	$345,350	$465,100	$618,650

Source: Ownwell

Property Tax Bills Across Bel Air, Harford County, Maryland

In Bel Air, Harford County, MD, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price here is $338,950, and the property tax bill can vary significantly. For instance, the tax bill at the 25th percentile is $2,260, while at the 75th percentile, it rises to $4,184, and at the 90th percentile, it reaches $5,269. These figures illustrate the impact of the assessed value on the tax bill, which can be higher than the national median property tax bill of $2,400. Homeowners in Bel Air may find themselves paying more than the national average, especially in zip code 21015, where the highest median tax bill is $3,305. However, Ownwell can assist homeowners in reducing their property tax bills by offering expert property tax appeal and exemption services. By analyzing assessments and identifying potential errors, Ownwell helps homeowners ensure their tax bills are fair and potentially save money.

Property Tax Bills Across Bel Air, Harford County, Maryland

Source: Ownwell

$1,681

$2,947

$4,213

Median Bel Air Tax Bill

$3,075

Median Harford County Tax Bill

$2,716

Median Maryland Tax Bill

$3,419

Median United States Tax Bill

$2,400

Property Tax Bills Across Bel Air, Harford County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
21014	$1,497	$2,138	$2,935	$3,952	$4,753
21015	$1,886	$2,372	$3,305	$4,505	$6,116

Source: Ownwell