Kent County Property Taxes
The median property tax rate in Kent County is 1.12%, which is significantly higher than both the national median of 0.99% and the Maryland state median of 1.06%. With the median home value in Kent County at $227,650, the typical annual property tax bill reaches $2,628, which is close to the national median of $2,690. Property taxes in Kent County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Kent County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Chestertown or another part of Kent County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kent County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$2,550
$2,366
Ownwell’s Kent County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Kent County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Kent County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Kent County, Maryland
Property taxes in Kent County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Kent County is 1.12%, which is higher than both the Maryland state median and the U.S. national median of 0.99%. Local government entities within Kent County set these rates annually, and they can vary significantly between different areas within the county. Each year, Kent County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Kent County's effective property tax rate with other counties in Maryland and the national median. For comparison, the city of Betterton has one of the higher property tax rates in Maryland at 1.22%, while the city of Worton boasts one of the lowest at 0.99%. Analyzing how Kent County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Kent County Tax Rate
1.12%
Average Maryland Tax Rate
1.06%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kent County, Maryland
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Betterton | 1.00% | 1.08% | 1.22% | 1.29% | 1.37% |
Chestertown | 0.90% | 1.01% | 1.11% | 1.29% | 1.38% |
Galena | 1.08% | 1.12% | 1.14% | 1.21% | 1.34% |
Georgetown | 0.66% | 1.09% | 1.12% | 1.12% | 1.13% |
Kennedyville | 1.08% | 1.11% | 1.12% | 1.14% | 1.15% |
Massey | 1.05% | 1.12% | 1.14% | 1.16% | 1.17% |
Millington | 1.07% | 1.11% | 1.15% | 1.39% | 1.40% |
Rock Hall | 1.05% | 1.11% | 1.14% | 1.48% | 1.49% |
Still Pond | 0.97% | 1.04% | 1.14% | 1.16% | 1.18% |
Worton | 0.85% | 0.90% | 0.99% | 1.06% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Kent County, Maryland
In Kent County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Kent County Appraisal District. The assessed value, however, 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. Assessment notices in Kent County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. Georgetown has the highest median tax bill in the county at $4,592, while Still Pond has the lowest at $1,880. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Kent County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Kent County Assessed Value
$227,650
Average Maryland Assessed Value
$317,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kent County, Maryland
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Betterton | $159,820 | $197,100 | $246,550 | $300,000 | $478,870 |
Chestertown | $128,900 | $176,750 | $256,600 | $404,250 | $649,800 |
Galena | $122,100 | $167,800 | $228,400 | $332,100 | $525,150 |
Georgetown | $397,840 | $404,800 | $443,000 | $523,700 | $645,800 |
Kennedyville | $131,760 | $193,250 | $297,050 | $557,600 | $832,590 |
Massey | $90,400 | $122,750 | $180,000 | $240,750 | $342,200 |
Millington | $97,430 | $123,825 | $165,400 | $228,950 | $301,460 |
Rock Hall | $123,100 | $145,700 | $193,700 | $338,600 | $642,500 |
Still Pond | $97,900 | $128,800 | $168,100 | $267,600 | $426,600 |
Worton | $119,940 | $154,225 | $218,100 | $377,200 | $618,320 |
Source: Ownwell
Property Tax Bills Across Kent County, Maryland
In Kent County, MD, property tax bills are calculated based on the assessed value of a home. The local government assesses properties to determine their market value, which is then used to calculate the tax bill. Factors such as the property's location, size, and condition, as well as any improvements made, play a significant role in determining its assessed value. Homeowners in Kent County face a range of tax bills, with the 25th percentile tax bill at $1,788 and the 75th percentile reaching $4,197. For those in the 90th percentile, tax bills can be as high as $7,127. Comparatively, the median home price in Kent County is $227,650, which influences the tax burden. While the national median property tax rate is 0.99%, homeowners in Kent County experience varying tax rates depending on their property's assessed value. For instance, the highest median tax bill in the county is $4,592 in Georgetown, whereas Still Pond has the lowest at $1,880. This variation affects homeowners differently, impacting their annual financial planning and overall cost of homeownership.
Average Kent County Tax Bill
$2,628
Average Maryland Tax Bill
$3,419
Average United States Tax Bill
$2,690
Property Tax Bills Across Kent County, Maryland
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Betterton | $1,833 | $2,298 | $2,825 | $3,690 | $5,358 |
Chestertown | $1,298 | $1,863 | $2,907 | $4,657 | $7,409 |
Galena | $1,402 | $1,992 | $2,731 | $3,714 | $5,800 |
Georgetown | $2,759 | $4,417 | $4,592 | $5,730 | $7,177 |
Kennedyville | $1,482 | $2,176 | $3,308 | $6,006 | $9,365 |
Massey | $1,121 | $1,399 | $2,009 | $2,700 | $3,754 |
Millington | $1,093 | $1,521 | $1,977 | $2,811 | $3,658 |
Rock Hall | $1,375 | $1,896 | $2,536 | $4,247 | $7,783 |
Still Pond | $891 | $1,464 | $1,880 | $2,664 | $4,440 |
Worton | $1,194 | $1,428 | $2,048 | $3,771 | $6,301 |
Source: Ownwell