Warwick, Cecil County, Maryland Property Taxes
Median Warwick, MD effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Maryland state median of 1.06%. Median Warwick, MD home value: $343,400 Median annual Warwick, MD tax bill: $3,107, $707 higher than the national median property tax bill of $2,400.
How are property taxes in Cecil calculated?
Property taxes in Warwick, 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 Warwick’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Warwick, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Warwick, Cecil County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$3,091
$2,868
Property Tax Rates Across Warwick, Cecil County, Maryland
Local government entities set property tax rates, which can vary widely within a state. Each county estimates its required budget annually 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.
In Warwick, MD, the effective property tax rate is a critical factor for homeowners. The median property tax rate in Maryland is 0.90%, which is below the national median property tax rate of 1.02%. This means that residents in Warwick may benefit from relatively lower property tax rates compared to the national average. However, it's important to consider that tax rates can vary even within the state, influenced by local budgetary needs and property values. By understanding these dynamics, property owners in Warwick can make informed decisions and potentially benefit from appealing their property taxes or seeking exemptions.
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 Warwick Tax Rate
0.90%
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 Cecil County Tax Rate
0.89%
Median Effective Maryland Tax Rate
1.06%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Warwick, Cecil County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21912 | 0.67% | 0.81% | 0.90% | 0.97% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Warwick, Cecil County, Maryland
When examining property taxes in Warwick, 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 Cecil 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 Cecil County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Warwick.
For example, the median home price in Warwick is $343,400, with tax bills ranging significantly across the county. Zip code 21912 has the highest median home price at $343,400.
Property Tax Assessment Values Across Warwick, Cecil County, Maryland
Source: Ownwell
$154,700
$249,050
$343,400
Median Warwick Market Value
$343,400
Median Cecil County Market Value
$239,900
Median Maryland Market Value
$317,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Warwick, Cecil County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21912 | $123,100 | $203,625 | $343,400 | $520,500 | $667,730 |
Source: Ownwell
Property Tax Bills Across Warwick, Cecil County, Maryland
In Warwick, MD, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in Warwick is $343,400, and the property tax rate is influenced by the county of Cecil. Homeowners in Warwick typically see tax bills ranging from $1,783 at the 25th percentile to $4,737 at the 75th percentile, with the 90th percentile reaching $6,403. This variation depends on factors such as the property's assessed value and applicable exemptions. The median property tax bill in Warwick is notably higher than the national median of $2,400, reflecting the area's specific valuation and tax rate dynamics.
Ownwell helps homeowners in Warwick potentially reduce their property tax bills by providing expert property tax appeal and exemption services. By analyzing the assessed value and identifying possible discrepancies, Ownwell can guide homeowners through the appeal process, ensuring they are not overpaying. This tailored approach can lead to significant savings, making property ownership more affordable in Warwick.
Median Warwick Tax Bill
$3,107
Median Cecil County Tax Bill
$2,238
Median Maryland Tax Bill
$3,419
Median United States Tax Bill
$2,400
Property Tax Bills Across Warwick, Cecil County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21912 | $948 | $1,783 | $3,107 | $4,737 | $6,403 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Cecil Tax Assessor | |
| Website | sdat.dat.maryland.gov |
