Churchville, Maryland Property Taxes
The median property tax rate in Churchville, MD is 0.96%, slightly below both the national median of 0.99% and the Maryland state median of 1.06%. With the median home value in Churchville at $379,850, the typical annual property tax bill reaches $3,421, surpassing the national median of $2,690. Property taxes in Churchville 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 Churchville'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 Churchville or another part of Harford County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Churchville, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$3,647
Ownwell’s Churchville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Churchville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Churchville 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 Churchville, Maryland
Property taxes in Churchville, Maryland, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Churchville is 0.96%, slightly below the U.S. national median of 0.99%. Local government entities within Churchville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Churchville 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 Churchville's effective property tax rate to other counties in Maryland and the national median. For comparison, the 21028 zip code has both the highest and lowest median property tax rate of 0.96%. Understanding how these cities compare with Churchville provides valuable insights into the varying tax landscape across Harford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Churchville Tax Rate
0.96%
Average Harford County Tax Rate
0.99%
Average Maryland Tax Rate
1.06%
Average United States Tax Rate
0.99%
Property Tax Rates Across Churchville, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21028 | 0.78% | 0.92% | 0.96% | 1.00% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Churchville, Maryland
In Churchville, 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 Harford 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 Churchville, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Churchville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest median tax bill is 21028, amounting to $3,421, while the lowest median tax bill is also $3,421 in the same zip code.
Average Churchville Assessed Value
$379,850
Average Harford County Assessed Value
$279,650
Average Maryland Assessed Value
$317,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Churchville, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21028 | $213,400 | $274,850 | $379,850 | $505,375 | $644,300 |
Source: Ownwell
Property Tax Bills Across Churchville, Maryland
In Churchville, MD, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The assessed value is a percentage of the market value of the home. Harford County, where Churchville is located, uses this assessed value to calculate the property tax owed by homeowners. Several factors influence the tax bill, including the local tax rate and any applicable exemptions or deductions. The median home price in Churchville is $379,850, which provides a baseline for understanding potential tax liabilities. For instance, homeowners in the 25th percentile can expect a tax bill around $2,514, while those in the 75th percentile might see bills closer to $4,718. At the 90th percentile, tax bills can reach up to $6,054. These property taxes fund essential services such as public schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Understanding how these elements interact helps homeowners anticipate their financial obligations and plan accordingly.
Average Churchville Tax Bill
$3,421
Average Harford County Tax Bill
$2,716
Average Maryland Tax Bill
$3,419
Average United States Tax Bill
$2,690
Property Tax Bills Across Churchville, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21028 | $1,939 | $2,514 | $3,421 | $4,718 | $6,054 |
Source: Ownwell