Halethorpe, Anne Arundel County, Maryland Property Taxes
Median Halethorpe, MD effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Halethorpe, MD home value: $231,750
Median annual Halethorpe, MD tax bill: $2,112, $288 lower than the national median property tax bill of $2,400.
How are property taxes in Anne Arundel calculated?
Property taxes in Halethorpe, 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 Halethorpe’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Halethorpe, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Halethorpe, Anne Arundel County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$2,271
$2,108
Property Tax Rates Across Halethorpe, Anne Arundel County, Maryland
Local government entities in Maryland set tax rates, which can vary widely within the state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws also play a role in setting these rates and budgets, this is essentially the annual process.
In Halethorpe, located in Anne Arundel County, the effective property tax rate stands at 0.98%. This rate is notably lower than the national median property tax rate of 1.02%. When compared to other cities in Maryland, Halethorpe's rate reflects the county's commitment to maintaining manageable property tax levels for its residents.
Understanding these local tax dynamics can be crucial for property owners looking to manage their expenses effectively. By comparing Halethorpe’s property tax rate to the national average, residents can appreciate the relative affordability of their property taxes. This comparison highlights the importance of being informed about local tax rates and how they can impact overall property ownership costs.
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 Halethorpe Tax Rate
0.98%
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 Anne Arundel County Tax Rate
0.97%
Median Effective Maryland Tax Rate
1.06%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Halethorpe, Anne Arundel County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21227 | 0.77% | 0.81% | 0.98% | 0.99% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Halethorpe, Anne Arundel County, Maryland
When examining property taxes in Halethorpe, 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 Anne Arundel 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 Anne Arundel County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Halethorpe. For example, the median home price in Halethorpe is $231,750, with tax bills ranging significantly across the county. 21227 has the highest median home price at $231,750.
Property Tax Assessment Values Across Halethorpe, Anne Arundel County, Maryland
Source: Ownwell
$224,750
$1,053,975
$1,883,200
Median Halethorpe Market Value
$231,750
Median Anne Arundel County Market Value
$376,600
Median Maryland Market Value
$317,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Halethorpe, Anne Arundel County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21227 | $201,350 | $208,525 | $231,750 | $259,500 | $281,950 |
Source: Ownwell
Property Tax Bills Across Halethorpe, Anne Arundel County, Maryland
Property Tax Bills Across Halethorpe, Anne Arundel County, Maryland
Source: Ownwell
$1,978
$10,283
$18,587
Median Halethorpe Tax Bill
$2,112
Median Anne Arundel County Tax Bill
$3,553
Median Maryland Tax Bill
$3,419
Median United States Tax Bill
$2,400
Property Tax Bills Across Halethorpe, Anne Arundel County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21227 | $1,672 | $1,913 | $2,112 | $2,438 | $2,597 |
Source: Ownwell