Boonsboro, Frederick County, Maryland Property Taxes

Name: Property Tax Bills Across Boonsboro, Frederick County, Maryland
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Boonsboro, MD effective property tax rate: 1.21%, significantly higher than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Boonsboro, MD home value: $331,500
Median annual Boonsboro, MD tax bill: $3,973, $1,573 higher than the national median property tax bill of $2,400.

How are property taxes in Frederick calculated?

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

Last Updated March 1, 2025

Boonsboro, Frederick County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.21%

Estimate Property Tax Bill

$4,011

$3,722

Ownwell’s Boonsboro Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Boonsboro with just two data points. By entering your property's estimated assessed value, our calculator applies Boonsboro’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Frederick County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Boonsboro, Frederick County, Maryland

Local government entities are responsible for setting tax rates, which can differ significantly across a state. The reason for this is that every year, counties estimate the budget needed to provide essential services and then divide that by the total assessed value of all taxable properties within their boundaries. This calculation determines the property tax rate. While setting these rates involves votes and legislation, this is essentially the annual process.

Boonsboro, located in Frederick County, MD, offers an interesting case for comparison. The effective property tax rate here is a reflection of the county's budgetary needs and property value assessments. When compared to other cities in Maryland, Boonsboro's rate can provide insights into local economic conditions and fiscal priorities. The median property tax rate in Maryland is slightly higher than the national median, indicating a more substantial tax burden for property owners in the state. This comparison highlights the variability in property tax rates not only within Maryland but also across the United States. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Boonsboro, Frederick County, Maryland

Source: Ownwell

0.98%

1.26%

1.53%

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 Boonsboro Tax Rate

1.21%

Median Effective Frederick County Tax Rate

1.20%

Median Effective Maryland Tax Rate

1.06%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Boonsboro, Frederick County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
21713	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Boonsboro, Frederick County, Maryland

When examining property taxes in Boonsboro, 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 Frederick 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 Frederick 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 Boonsboro. For example, the median home price in Boonsboro is $331,500, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Boonsboro, Frederick County, Maryland

Source: Ownwell

$211,100

$375,950

$540,800

Median Boonsboro Market Value

$331,500

Median Frederick County Market Value

$362,500

Median Maryland Market Value

$317,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Boonsboro, Frederick County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
21713	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Boonsboro, Frederick County, Maryland

In Boonsboro, located in Frederick County, MD, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. In this region, the median property tax bill is notably higher than the national median, reflecting the local tax rate and the median home price of $331,500. Homeowners in Boonsboro can expect to pay between $3,952 and $4,158, depending on various factors like property size and location within the city. This can significantly impact homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. By analyzing assessments and identifying discrepancies, Ownwell can assist homeowners in reducing their financial burden, ensuring they only pay what is fair and accurate for their property tax obligations.

Property Tax Bills Across Boonsboro, Frederick County, Maryland

Source: Ownwell

$2,294

$4,255

$6,216

Median Boonsboro Tax Bill

$3,973

Median Frederick County Tax Bill

$4,509

Median Maryland Tax Bill

$3,419

Median United States Tax Bill

$2,400

Property Tax Bills Across Boonsboro, Frederick County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
21713	N/A	N/A	N/A	N/A	N/A

Source: Ownwell