Property Taxes in Mount Savage, Maryland
Median Mount Savage, Maryland effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Mount Savage, Maryland home value: $81,200
Median annual Mount Savage, Maryland tax bill: $927, lower by $1,473 than the national median property tax bill of $2,400.
How are property taxes in Allegany calculated?
Property taxes in Mount Savage, Maryland 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 Mount Savage's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mount Savage, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Mount Savage Property Tax Calculator Work?
Use this Mount Savage property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mount Savage's median effective tax rate of 1.14% — based on actual property records in Allegany County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Mount Savage's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Mount Savage: rates range from 1.14% in 21545 to 1.14% in 21545, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Mount Savage.
About Mount Savage Property Taxes
About Property Taxes in Mount Savage, Allegany, Maryland
Mount Savage’s median effective property tax rate of 1.14% is lower than the Maryland state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Allegany County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Mount Savage. Homeowners in ZIP code 21545 carry a median effective rate of 1.14%, while those in the same ZIP code also pay 1.14%. This reflects how school district boundaries and local assessment districts are drawn across Allegany County. Understanding which part of Mount Savage you live in can make a meaningful difference to your annual tax bill.
Mount Savage homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before February 13, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Mount Savage, Allegany County, Maryland
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide 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.
Below, you can compare Mount Savage's effective property tax rate to other cities in Maryland and the median property tax rates in Maryland and the U.S.
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 Mount Savage Tax Rate
1.14%
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 Allegany County Tax Rate
1.03%
Median Effective Maryland Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Mount Savage, Allegany County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21545 | 1.07% | 1.09% | 1.14% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Mount Savage, Allegany County, Maryland
When examining property taxes in Mount Savage, Maryland, 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. Allegany County 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.
Assessment notices:
In Allegany County, assessment notices are sent in December each year. They'll typically reach your mailbox by the middle of December.
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. The median home price in Mount Savage is $81,200, with a median tax bill of $927, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Property Tax Assessment Values Across Mount Savage, Allegany County, Maryland
Source: Ownwell
$28,400
$110,050
$191,700
Median Mount Savage Market Value
$81,200
Median Allegany County Market Value
$113,750
Median Maryland Market Value
$338,400
Median United States Market Value
$274,101
Property Tax Assessment Values Across Mount Savage, Allegany County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21545 | $41,700 | $57,800 | $81,200 | $125,400 | $186,000 |
Source: Ownwell
Property Tax Bills Across Mount Savage, Allegany County, Maryland
Property tax bills in Mount Savage are based on the assessed value of a home and the local tax rate set for Allegany County. When a property’s assessed value rises, the tax bill can increase as well, even if the homeowner’s income does not change. For a home with a median value of $81,200, the property tax bill reflects how local officials value the property for taxation and then apply the county’s rate to that assessment.
What a homeowner pays can vary widely depending on the home’s market value, assessment, and any exemptions or appeals that may reduce the taxable amount. In Mount Savage, the median tax bill is $927, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Bills in the area range from $659 at the 25th percentile to $1,377 at the 75th percentile, with the 90th percentile reaching $1,948.
Median Mount Savage Tax Bill
$927
Median Allegany County Tax Bill
$1,116
Median Maryland Tax Bill
$4,092
Median United States Tax Bill
$3,209
Property Tax Bills Across Mount Savage, Allegany County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21545 | $465 | $659 | $927 | $1,377 | $1,948 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 13 |
Links | |
|---|---|
| Allegany Tax Assessor | |
| Website | sdat.dat.maryland.gov |