Property Taxes in Prince Frederick, Maryland
Median Prince Frederick, Maryland effective property tax rate: 1.13%, significantly higher than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Prince Frederick, Maryland home value: $349,250
Median annual Prince Frederick, Maryland tax bill: $3,837, higher than the national median property tax bill of $2,400.
How are property taxes in Calvert calculated?
Property taxes in Prince Frederick, 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 Prince Frederick's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Prince Frederick, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Prince Frederick Property Tax Calculator Work?
Use this Prince Frederick property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Prince Frederick's median effective tax rate of 1.13% — based on actual property records in Calvert County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Prince Frederick'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 Prince Frederick: rates range from 1.13% in 20678 to 1.13% in 20678, 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 Prince Frederick.
About Prince Frederick Property Taxes
About Property Taxes in Prince Frederick, Calvert, Maryland
Prince Frederick’s median effective property tax rate of 1.13% is lower than the Maryland state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Calvert 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 Prince Frederick. Homeowners in the 20678 ZIP code carry a median effective rate of 1.13%, while those in the same ZIP also pay 1.13%. This spread reflects how school district boundaries and local assessment districts are drawn across Calvert County. Understanding which part of Prince Frederick you live in can make a meaningful difference to your annual tax bill.
Prince Frederick homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the February 13, 2026 deadline each year.
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 Prince Frederick, Calvert 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 Prince Frederick'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 Prince Frederick Tax Rate
1.13%
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 Calvert County Tax Rate
1.06%
Median Effective Maryland Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Prince Frederick, Calvert County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20678 | 0.95% | 1.12% | 1.13% | 1.14% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Prince Frederick, Calvert County, Maryland
When examining property taxes in Prince Frederick, 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. The Calvert 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.
Assessment notices in Calvert County are sent in the spring each year and typically reach your mailbox by the middle of the month. 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.
For example, the median home price in Prince Frederick is $349,250, and the median tax bill is $3,837. That is higher than the national median property tax bill of $2,400, showing how local assessed values can significantly affect what homeowners pay.
Property Tax Assessment Values Across Prince Frederick, Calvert County, Maryland
Source: Ownwell
$296,400
$394,400
$492,400
Median Prince Frederick Market Value
$349,250
Median Calvert County Market Value
$373,400
Median Maryland Market Value
$338,400
Median United States Market Value
$274,101
Property Tax Assessment Values Across Prince Frederick, Calvert County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20678 | $202,340 | $265,825 | $349,250 | $469,475 | $619,750 |
Source: Ownwell
Property Tax Bills Across Prince Frederick, Calvert County, Maryland
How are property tax bills calculated in Prince Frederick?
Property tax bills in Prince Frederick are based on the assessed value of a home and the local tax rate set by Calvert County. When a property’s market value rises, the assessed value can increase, which may lead to a higher tax bill. The median home price is $349,250, and the median property tax bill is $3,837, which is above the national median property tax bill of $2,400 and reflects a higher-than-average burden for many homeowners.
What factors affect the amount homeowners pay?
The final bill depends on the home’s assessed value, local tax rates, and any exemptions or credits that may apply. For many homeowners, bills fall between $2,956 at the 25th percentile and $5,099 at the 75th percentile, with the 90th percentile reaching $6,372. This means property taxes can vary widely even within the same area.
How do property taxes affect homeowners?
Higher property tax bills can increase monthly housing costs and make ownership more expensive over time.
Property Tax Bills Across Prince Frederick, Calvert County, Maryland
Source: Ownwell
$3,129
$4,139
$5,149
Median Prince Frederick Tax Bill
$3,837
Median Calvert County Tax Bill
$3,976
Median Maryland Tax Bill
$4,092
Median United States Tax Bill
$3,209
Property Tax Bills Across Prince Frederick, Calvert County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20678 | $2,233 | $2,956 | $3,837 | $5,099 | $6,372 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 13 |
Links | |
|---|---|
| Calvert Tax Assessor | |
| Website | sdat.dat.maryland.gov |