Hagerstown, Washington County, Maryland Property Taxes

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

Median Hagerstown, MD effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Hagerstown, MD home value: $216,450
Median annual Hagerstown, MD tax bill: $1,811, $589 lower than the national median property tax bill of $2,400.

How are property taxes in Washington County calculated?

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

Last Updated March 1, 2025

Hagerstown, Washington County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$1,861

$1,727

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

Property Tax Rates Across Hagerstown, Washington County, Maryland

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide essential 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. In Hagerstown, located in Washington County, Maryland, the effective property tax rate is an important consideration for homeowners. The median property tax rate in Maryland is 0.86%, which is below the national median of 1.02%. Within Hagerstown, the highest median tax rate can be found in the 21742 zip code at 0.97%, while the lowest is in the 21740 zip code at 0.81%. It's noteworthy that Maryland's median property tax rate is lower than the national average, which can be an attractive factor for potential property buyers. By understanding these local tax rates, homeowners can better anticipate their annual property tax bills and make informed decisions about their property investments.

Property Tax Rates Across Hagerstown, Washington County, Maryland

Source: Ownwell

0.81%

0.92%

1.04%

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 Hagerstown Tax Rate

0.86%

Median Effective Washington County Tax Rate

0.92%

Median Effective Maryland Tax Rate

1.06%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hagerstown, Washington County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
21740	0.69%	0.74%	0.81%	0.94%	1.00%
21742	0.71%	0.79%	0.97%	1.00%	1.03%

Source: Ownwell

Property Tax Assessment Values Across Hagerstown, Washington County, Maryland

When examining property taxes in Hagerstown, MD, 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 Washington County appraisal district 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 Washington 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 Hagerstown.

For example, the median home price in Hagerstown is $216,450, with tax bills ranging significantly across the county. Zip code 21742 has the highest median home price at $234,600.

Property Tax Assessment Values Across Hagerstown, Washington County, Maryland

Source: Ownwell

$99,000

$213,775

$328,550

Median Hagerstown Market Value

$216,450

Median Washington County Market Value

$219,600

Median Maryland Market Value

$317,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hagerstown, Washington County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
21740	$102,800	$146,300	$204,900	$273,100	$356,630
21742	$146,600	$183,500	$234,600	$317,100	$403,900

Source: Ownwell

Property Tax Bills Across Hagerstown, Washington County, Maryland

In Hagerstown, Washington County, MD, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the home's market value. Homeowners in Hagerstown often see property tax bills that vary significantly, with the 25th percentile paying around $1,312 and the 75th percentile facing bills as high as $2,592. This range indicates that while some residents pay below the national median property tax bill of $2,400, others may pay considerably more. The highest median tax bill in the area reaches $2,079 in the 21742 zip code, while the lowest is $1,672 in the 21740 zip code. These variations can impact homeowners' budgets, making it crucial to ensure their property is fairly assessed. Ownwell assists homeowners by providing property tax appeal services, potentially lowering their tax bills. By analyzing and challenging incorrect assessments, Ownwell helps homeowners save money and ensure their tax obligations accurately reflect their property's value.

Property Tax Bills Across Hagerstown, Washington County, Maryland

Source: Ownwell

$954

$2,005

$3,055

Median Hagerstown Tax Bill

$1,811

Median Washington County Tax Bill

$1,934

Median Maryland Tax Bill

$3,419

Median United States Tax Bill

$2,400

Property Tax Bills Across Hagerstown, Washington County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
21740	$792	$1,156	$1,672	$2,350	$3,167
21742	$1,272	$1,556	$2,079	$2,970	$3,841

Source: Ownwell