Faulkner, Charles County, Maryland Property Taxes

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Property Taxes in Faulkner, Maryland

Median Faulkner, Maryland effective property tax rate: 1.24%, significantly higher than the national median of 1.02%, and higher than the Maryland state median of 1.21%.
Median Faulkner, Maryland home value: $389,550
Median annual Faulkner, Maryland tax bill: $4,749, higher than the national median property tax bill of $2,400.

How are property taxes in Charles calculated?

Property taxes in Faulkner, 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 Faulkner's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Faulkner, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Faulkner, Charles County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.24%

Estimate Property Tax Bill

$4,830

$4,482

How Does the Faulkner Property Tax Calculator Work?

Use this Faulkner property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Faulkner's median effective tax rate of 1.24% — based on actual property records in Charles County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Faulkner's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Faulkner's median property tax rate is higher than Maryland's 1.21% state median, and the median property tax bill is $4,749, which is $2,349 higher than the state median bill. Your bill may vary by ZIP code within Faulkner, though the available ZIP code, 20632, shows the same median bill.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Faulkner.

About Faulkner Property Taxes

About Property Taxes in Faulkner, Charles, Maryland

Faulkner’s median effective property tax rate of 1.24% is higher than the Maryland state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Charles 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 Faulkner. Homeowners in ZIP code 20632 carry a median effective rate of 1.24%, while those in 20632 pay 1.24%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Charles County. Understanding which part of Faulkner you live in can make a meaningful difference to your annual tax bill.

Faulkner homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Faulkner, Charles 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 Faulkner's effective property tax rate to other cities in Maryland and the median property tax rates in Maryland and the U.S.

Property Tax Rates Across Faulkner, Charles County, Maryland

Source: Ownwell

1.15%

1.28%

1.41%

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 Faulkner Tax Rate

1.24%

Median Effective Charles County Tax Rate

1.34%

Median Effective Maryland Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Faulkner, Charles County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20632	1.11%	1.16%	1.24%	1.32%	1.50%

Source: Ownwell

Property Tax Assessment Values Across Faulkner, Charles County, Maryland

When examining property taxes in Faulkner, 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 Charles 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 Charles County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.

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 Faulkner.

For example, the median home price in Faulkner is $389,550, with tax bills ranging significantly across the county. 20632 has the highest median home price at $389,550.

Property Tax Assessment Values Across Faulkner, Charles County, Maryland

Source: Ownwell

$43,350

$262,775

$482,200

Median Faulkner Market Value

$389,550

Median Charles County Market Value

$354,900

Median Maryland Market Value

$338,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Faulkner, Charles County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20632	$112,280	$263,600	$389,550	$515,050	$651,950

Source: Ownwell

Property Tax Bills Across Faulkner, Charles County, Maryland

Property tax bills in Faulkner are based on the assessed value of a home and the local tax rate set by Charles County and other taxing authorities. The assessed value is the amount local officials determine your property is worth for tax purposes, and that figure is multiplied by the applicable tax rate to calculate the bill. Homes with higher assessed values generally receive higher tax bills, while properties with lower assessed values pay less.

In Faulkner, the median property tax bill is $4,749, which is above the national median property tax bill of $2,400. That means homeowners here often face a larger annual tax burden than the typical U.S. homeowner. Tax bills can also vary widely, with the 25th percentile at $3,379 and the 75th percentile at $6,897, showing how much location and home value can affect what owners pay.

Property Tax Bills Across Faulkner, Charles County, Maryland

Source: Ownwell

$573

$3,217

$5,861

Median Faulkner Tax Bill

$4,749

Median Charles County Tax Bill

$4,693

Median Maryland Tax Bill

$4,092

Median United States Tax Bill

$2,400

Property Tax Bills Across Faulkner, Charles County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20632	$1,476	$3,379	$4,749	$6,897	$8,447

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	February 13

Links
Charles Tax Assessor
Website	sdat.dat.maryland.gov

Frequently Asked Property Tax Questions in Faulkner, Maryland

How are property taxes calculated in Faulkner, Maryland?

Property taxes in Faulkner, Maryland are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Faulkner, Maryland?

To appeal your property taxes in Faulkner, Maryland, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Faulkner, Maryland?

Common property tax exemptions in Faulkner, Maryland include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Faulkner, Maryland?

Property tax deadlines in Faulkner, Maryland vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Faulkner, Maryland?

Ownwell provides professional property tax appeal services in Faulkner, Maryland. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.