Talbot County, Maryland Property Taxes
Census Bureau ACS property tax data for Maryland. Population: 11,784.
The median annual property tax in Talbot County is $2,623, which is 21% lower than the Maryland state average and 36% above the national average. The effective tax rate is 0.66% on a median home value of $398,300. Property taxes represent 3.1% of the median household income in this county.
Median Annual Tax
$2,623
-21% vs State
+36% vs US
Median Home Value
$398,300
+14% vs State
+88% vs US
Effective Tax Rate
0.66%
-31% vs State
-31% vs US
With vs Without Mortgage
With Mortgage
$2,653
$221/mo
Without Mortgage
$2,553
$213/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 | $2,623 +3.2% | 0.66% |
| 2022 | $2,542 +6.3% | 0.67% |
| 2021 | $2,391 +3.1% | 0.71% |
| 2020 | $2,319 +2.3% | 0.69% |
| 2019 | $2,266 | 0.67% |
Tax Burden
Tax-to-Income Ratio
3.1%
of median household income
Median Income
$84,378
per year
Monthly Tax
$219
per month
Other Counties in Maryland
Baltimore city
Tax: $3,236/yr Rate: 1.48%
Caroline County
Tax: $2,513/yr Rate: 0.92%
Prince George's County
Tax: $4,662/yr Rate: 1.15%
Washington County
Tax: $2,444/yr Rate: 0.89%
Charles County
Tax: $4,179/yr Rate: 1.04%
Calvert County
Tax: $3,858/yr Rate: 0.88%
Frequently Asked Questions
What is the average property tax in Talbot County, Maryland? ▼
The median annual property tax in Talbot County is $2,623 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.66% on a median home value of $398,300.
How does Talbot County property tax compare to the national average? ▼
Property taxes in Talbot County are 36% above the national average of $1,923. The effective rate of 0.66% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Talbot County? ▼
In Talbot County, homeowners with a mortgage pay a median of $2,653 in annual property taxes, while homeowners without a mortgage pay $2,553. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Talbot County? ▼
Property taxes in Talbot County represent approximately 3.1% of the median household income of $84,378. 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.