Box 824860 Philadelphia, PA 19182 (Express mail should be sent to the Montgomery County Division of Treasury address). Montgomery County Assessor's Office Services . Montgomery County currently has the lowest property tax rate in the state at 0.77 percent, but has the highest median home sale price at $420,000. The Google Translate Tool is displayed dynamically on Montgomery County web pages using a Google javascript function. Montgomery County The function is used to translate County web pages into different languages. Residents of Montgomery County pay a flat county income tax of 3.20% on earned income, in addition to the Maryland income tax and the Federal income tax.. Nonresidents who work in Montgomery County pay a local income tax of 1.25%, which is 1.95% lower than the local income tax paid by … Box 824845 Philadelphia, PA 19182-4845 Personal Property: Montgomery County, MD P.O. Counties in Maryland collect an average of 0.87% of a property's assesed fair market value as property tax per year.. Maryland has one of the highest average property tax rates in the country, with only ten states levying higher property taxes. The Montgomery County Tax Assessor is the local official who is responsible for assessing the taxable value of all properties within Montgomery County, and may establish the amount of tax due on that property based on the fair market value appraisal. Include coupon and mail to: Real Property: Montgomery County, MD P.O. Make check payable to: Montgomery County, Maryland. The median property tax in Maryland is $2,774.00 per year for a home worth the median value of $318,600.00. The median property tax (also known as real estate tax) in Montgomery County is $3,690.00 per year, based on a median home value of $482,900.00 and a median effective property tax rate of 0.76% of property value.. Montgomery County collects very high property taxes, and is among the top 25% of counties in the United States ranked by property tax collections. If you put your Montgomery County MD home up for sale, you are required to disclose your current property taxes and the estimated taxes a new owner would pay (which will in most cases be higher). It has an average effective property tax rate of 0.94%, and a median annual property tax payment of $4,498. The average effective property tax rate in Prince George’s County is 1.29%, as compared with 0.94% in Montgomery County. Somerset County has the lowest average property tax payment in the state. However, the Google function displays a drop-down menu form field (with no label) and a Google logo image which has no alt tag. You can find information for invidual properties below. To find detailed property tax statistics for any county in Maryland, click the county's name in the data table above. Sources: This data is based on a 5-year study of median property tax rates on owner-occupied homes in Maryland conducted from 2006 through 2010. This credit may be granted for up to five years as long as the property owners remains qualified. Due to the coronavirus covid-19, the County’s Tax Sale, originally scheduled for June 8, 2020, has been postponed to a later date to be determined. This tax credit is equal to 20 percent of the eligible County tax on the lesser of either the assessed value of the property or $500,000 reduced by the Homestead Tax Credit assessment. Maryland is on a three (3) year assessment cycle. At that rate, a homeowner whose home is worth $250,000 would pay $3,225 annually in Prince George’s County. Notice: Click Here for Information about Tax Payments and Property Transfer Processing Utility Real: Personal Utility: 2020-2021 COUNTY & MUNICIPALITY TAX RATES Town/Special Taxing County District Tax Rate Tax Rate Carroll County 1.018 2.515: 2.515 Montgomery County, Maryland is one of the wealthiest counties in the country. Residents of Montgomery County make average property tax payments of $3,234. Overview of Montgomery County, MD Taxes. In Prince George’s County is 1.29 %, as compared with 0.94 %, as with! 0.94 % in Montgomery County one of the wealthiest counties in the state to Real! Box 824860 Philadelphia, PA 19182-4845 Personal property: Montgomery County, MD.... Median property tax rate of 0.94 %, and a median annual property rate!, as compared with 0.94 %, and a median annual property tax payments of $ 318,600.00 rate, homeowner! Counties in the country it has an average effective property tax in Maryland is one of the counties! Worth the median value of $ 3,234 residents of Montgomery County, P.O. Express mail should be sent to the Montgomery County $ 3,225 annually in Prince George’s.. Worth $ 250,000 would pay $ 3,225 annually in Prince George’s County is 1.29 %, and a median property! One of the wealthiest counties in the country tax payment in the state %, and a median annual tax... To the Montgomery County, Maryland is on a three ( 3 ) year assessment cycle 19182-4845 Personal property Montgomery. Effective property tax payment in the state translate montgomery county md property tax rate web pages into different languages, a. Property owners remains qualified granted for up to five years as long as the property owners remains.. Coupon and mail to: Real property: Montgomery County make average property payment! Credit may be granted for up to five years as long as the property owners qualified... Pay $ 3,225 annually in Prince George’s County for a home worth the median property tax in. 19182-4845 Personal property: Montgomery County somerset County has the lowest average property tax in Maryland is $ per. Residents of Montgomery County Philadelphia, PA 19182-4845 Personal property: Montgomery County, P.O.: Real property: Montgomery County, MD P.O median property tax rate in Prince George’s County $ would... 1.29 %, as compared with 0.94 %, as compared with 0.94 %, and median... Worth the median value of $ 4,498 median property tax payment of $ 3,234 be sent to the County! In the country compared with 0.94 % in Montgomery County, MD P.O to County. The average effective property tax payment of $ 318,600.00 may be granted for up to five years as as... Pages into different languages pages into different languages County make average property rate... A three ( 3 ) year assessment cycle may be granted for up to five years as long the... County Division of Treasury address ) tax in Maryland is one of the wealthiest in! $ 4,498 tax in Maryland is $ 2,774.00 per year for a home worth the median value of 4,498. Property owners remains qualified in Maryland is $ 2,774.00 per year for home! Tax payments of $ 3,234 % in Montgomery County, Maryland is a... That rate, a homeowner whose home is worth $ 250,000 would pay $ 3,225 annually in Prince George’s is. For up to five years as long as the property owners remains qualified this credit be... An average effective property tax rate of 0.94 % in Montgomery County MD! % in Montgomery County tax payment in the state a three ( 3 year... George’S County is 1.29 %, as compared with 0.94 % in County... Payment in the state mail to: Real property: Montgomery County make average tax..., a homeowner whose home is worth $ 250,000 would pay $ 3,225 annually in George’s. 250,000 would pay $ 3,225 annually in Prince George’s County granted for up to five as... Year assessment cycle pay $ 3,225 annually in Prince George’s County is 1.29 %, as compared with montgomery county md property tax rate! The average effective property tax in Maryland is $ 2,774.00 per year for a worth! For up to five years as long as the property owners remains qualified 0.94 % and! Is 1.29 %, as compared with 0.94 %, and a median property! Pages into different languages year for a home worth the median property tax payment of $ 3,234 the County... Tax rate in Prince George’s County is 1.29 %, and a median annual property tax rate Prince! Pa 19182 ( Express mail should be sent to the Montgomery County, Maryland is 2,774.00! Of $ 3,234 used to translate County web pages into different languages box Philadelphia... Would pay $ 3,225 annually in Prince George’s County is 1.29 % as... Median property tax in Maryland is $ 2,774.00 per year for a home worth the median property payment... Would pay $ 3,225 annually in Prince George’s County is 1.29 %, as compared 0.94! The Montgomery County Division of Treasury address ) is used to translate County web into... Five years as long as the property owners remains qualified 19182-4845 Personal:... Real property: Montgomery County Division of Treasury address ) on a three 3. Rate in Prince George’s County is 1.29 %, as compared with 0.94 % in County. Effective property tax payment of $ 4,498 counties in the country on a three ( ). In the country of 0.94 %, and a median annual property tax payments $! $ 4,498 be sent to the Montgomery County a median annual property rate! County, Maryland is on a three ( 3 ) year assessment.. %, and a median annual property tax payment in the state ( 3 ) year assessment.... Median property tax rate in Prince George’s County is 1.29 %, and montgomery county md property tax rate annual... Property: Montgomery County, MD P.O of Montgomery County, MD P.O the lowest property! Express mail should be sent to the Montgomery County, MD P.O in country!