Darlington, Maryland Property Taxes
The median property tax rate in Darlington, MD is 1.04%, slightly higher than the national median of 0.99% but just below the Maryland state median of 1.06%. With the median home value in Darlington, the typical annual property tax bill reaches $2,429, which is still under the national median of $2,690. Property taxes in Darlington are calculated based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Darlington'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 Darlington 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
Darlington, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$2,627
Ownwell’s Darlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Darlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Darlington 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 Darlington, Maryland
Property taxes in Darlington, Maryland, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Darlington is 1.04%, which is higher than both the Maryland state median and the U.S. national median of 0.99%. Local government entities within Darlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Darlington 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 Darlington's effective property tax rate to other counties in Maryland and the national median. For comparison, the 21034 zip code has the highest median property tax rate of 1.04%, while the 21034 zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Darlington 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 Darlington Tax Rate
1.04%
Average Harford County Tax Rate
0.99%
Average Maryland Tax Rate
1.06%
Average United States Tax Rate
0.99%
Property Tax Rates Across Darlington, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21034 | 0.78% | 1.00% | 1.04% | 1.07% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Darlington, Maryland
In Darlington, 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 Darlington, 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 Darlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Darlington are both $2,429 in the 21034 zip code.
Average Darlington Assessed Value
$252,600
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 Darlington, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21034 | $156,560 | $192,100 | $252,600 | $362,950 | $513,020 |
Source: Ownwell
Property Tax Bills Across Darlington, Maryland
In Darlington, located in Harford County, MD, property tax bills are calculated based on the assessed value of a home, which differs from the market value. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For example, a home with a median price of $252,600 in Darlington would typically face an annual tax bill ranging from $1,844 at the 25th percentile to $3,413 at the 75th percentile, with the 90th percentile reaching $4,986. This variability impacts homeowners significantly, as higher assessed values and tax rates can lead to substantial yearly expenses. Compared to the national median property tax rate of 0.99%, Darlington's rates can be quite impactful, making it crucial for homeowners to understand their property's assessed value and any potential exemptions or appeals they might qualify for to manage their tax burden effectively.
Average Darlington Tax Bill
$2,429
Average Harford County Tax Bill
$2,716
Average Maryland Tax Bill
$3,419
Average United States Tax Bill
$2,690
Property Tax Bills Across Darlington, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21034 | $1,405 | $1,844 | $2,429 | $3,413 | $4,986 |
Source: Ownwell