Montgomery County, Maryland Property Taxes
Census Bureau ACS property tax data for Maryland. Population: 253,448.
The median annual property tax in Montgomery County is $5,341, which is 60% higher than the Maryland state average and 178% above the national average. The effective tax rate is 0.87% on a median home value of $615,200. Property taxes represent 4.1% of the median household income in this county.
Median Annual Tax
$5,341
+60% vs State
+178% vs US
Median Home Value
$615,200
+75% vs State
+191% vs US
Effective Tax Rate
0.87%
-9% vs State
-8% vs US
With vs Without Mortgage
With Mortgage
$5,287
$441/mo
Without Mortgage
$5,470
$456/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $5,341 +3.7% | 0.87% |
| 2022 | $5,149 +6.6% | 0.87% |
| 2021 | $4,828 +3.2% | 0.95% |
| 2020 | $4,678 +1.4% | 0.95% |
| 2019 | $4,613 | 0.95% |
Tax Burden
Tax-to-Income Ratio
4.1%
of median household income
Median Income
$128,733
per year
Monthly Tax
$445
per month
Other Counties in Maryland
Caroline County
Tax: $2,513/yr Rate: 0.92%
Harford County
Tax: $3,424/yr Rate: 0.93%
Talbot County
Tax: $2,623/yr Rate: 0.66%
Howard County
Tax: $6,814/yr Rate: 1.18%
Wicomico County
Tax: $2,120/yr Rate: 0.89%
Calvert County
Tax: $3,858/yr Rate: 0.88%
Frequently Asked Questions
What is the average property tax in Montgomery County, Maryland? ▼
The median annual property tax in Montgomery County is $5,341 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.87% on a median home value of $615,200.
How does Montgomery County property tax compare to the national average? ▼
Property taxes in Montgomery County are 178% above the national average of $1,923. The effective rate of 0.87% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Montgomery County? ▼
In Montgomery County, homeowners with a mortgage pay a median of $5,287 in annual property taxes, while homeowners without a mortgage pay $5,470. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Montgomery County? ▼
Property taxes in Montgomery County represent approximately 4.1% of the median household income of $128,733. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.