Elliott, Dorchester County, Maryland Property Taxes
Median Elliott, MD effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Elliott, MD home value: $28,000
Median annual Elliott, MD tax bill: $371, $2,029 lower than the national median property tax bill of $2,400.
How are property taxes in Dorchester calculated?
Property taxes in Elliott, 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 Elliott’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elliott, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Elliott, Dorchester County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.33%
Estimate Property Tax Bill
$372
$346
Property Tax Rates Across Elliott, Dorchester County, Maryland
Local government entities establish tax rates, and these can differ significantly within a state. Annually, each county calculates its necessary budget to fund services and divides this by the total value of all taxable property within its area, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Elliott, located in Dorchester County, Maryland, the property tax rate reflects this process. Comparing Elliott’s effective property tax rate with other cities in Maryland and the broader U.S. context offers valuable insights. Maryland's median property tax rate is 1.33%, which is higher than the national median of 1.02%. This means that property owners in Maryland, including those in Elliott, often face higher property tax bills compared to the national average.
Understanding these rates is essential for property owners, as it directly influences their annual expenses. By staying informed, property owners can better manage their finances and potentially explore opportunities to appeal or seek 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 Elliott Tax Rate
1.33%
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 Dorchester County Tax Rate
1.17%
Median Effective Maryland Tax Rate
1.06%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elliott, Dorchester County, Maryland
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
21869 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Elliott, Dorchester County, Maryland
When examining property taxes in Elliott, 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 Dorchester 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 Dorchester 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 Elliott. For example, the median home price in Elliott is $28,000, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Elliott, Dorchester County, Maryland
Source: Ownwell
$47,800
$178,750
$309,700
Median Elliott Market Value
$28,000
Median Dorchester County Market Value
$163,800
Median Maryland Market Value
$317,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elliott, Dorchester County, Maryland
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
21869 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Elliott, Dorchester County, Maryland
Median Elliott Tax Bill
$371
Median Dorchester County Tax Bill
$2,036
Median Maryland Tax Bill
$3,419
Median United States Tax Bill
$2,400
Property Tax Bills Across Elliott, Dorchester County, Maryland
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
21869 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Dorchester Tax Assessor | |
Website | sdat.dat.maryland.gov |