Clarksburg, Frederick County, Maryland Property Taxes
Median Clarksburg, MD effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Clarksburg, MD home value: $513,400
Median annual Clarksburg, MD tax bill: $5,757, $3,357 higher than the national median property tax bill of $2,400.
How are property taxes in Frederick calculated?
Property taxes in Clarksburg, 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 Clarksburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clarksburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clarksburg, Frederick County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$5,853
$5,431
Property Tax Rates Across Clarksburg, Frederick County, Maryland
Local government entities determine tax rates, and these can differ significantly within a state. Annually, each county calculates its necessary budget for public services and divides this by the total value of all taxable property in its area. This process establishes the property tax rate. While the setting of tax rates and budgets involves votes and regulations, this is essentially the yearly procedure.
Clarksburg in Montgomery County, Maryland, has an effective property tax rate that can be compared to other cities within the state. The median property tax rate for Maryland stands at 1.14%, which is above the national median of 1.02%. This comparison highlights the variance in property tax rates across different regions.
Maryland's median property tax bill also tends to be higher than the national median property tax bill of $2,400, reflecting the state's higher tax rate. Understanding these differences can be crucial for property owners who are navigating property taxes and considering appeals or 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 Clarksburg Tax Rate
1.14%
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 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 Clarksburg, Frederick County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20871 | 1.00% | 1.09% | 1.14% | 1.16% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Clarksburg, Frederick County, Maryland
When examining property taxes in Clarksburg, 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 Clarksburg. For example, the median home price in Clarksburg is $513,400, with tax bills ranging significantly across the county. Zip code 20871 has the highest median home price at $513,400.
Property Tax Assessment Values Across Clarksburg, Frederick County, Maryland
Source: Ownwell
$211,100
$375,950
$540,800
Median Clarksburg Market Value
$513,400
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 Clarksburg, Frederick County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20871 | $379,760 | $435,600 | $513,400 | $650,700 | $904,780 |
Source: Ownwell
Property Tax Bills Across Clarksburg, Frederick County, Maryland
Median Clarksburg Tax Bill
$5,757
Median Frederick County Tax Bill
$4,509
Median Maryland Tax Bill
$3,419
Median United States Tax Bill
$2,400
Property Tax Bills Across Clarksburg, Frederick County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20871 | $3,995 | $4,984 | $5,757 | $6,963 | $9,978 |
Source: Ownwell