Montgomery Village, Montgomery County, Maryland Property Taxes
Property Taxes in Montgomery Village, Maryland
Median Montgomery Village, Maryland effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Montgomery Village, Maryland home value: $329,500
Median annual Montgomery Village, Maryland tax bill: $3,643, $1,243 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in Montgomery Village, 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 Montgomery Village's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montgomery Village, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Montgomery Village, Montgomery County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$3,592
$3,333
$774
Average Annual Tax Savings
How Does the Montgomery Village Property Tax Calculator Work?
Use this Montgomery Village property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Montgomery Village's median effective tax rate of 1.09% — based on actual property records in Montgomery County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Montgomery Village's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Montgomery Village: rates range from 1.09% in 20886 to 1.09% in 20886, primarily due to differences in school district levies and local assessment districts.
Montgomery Village's median property tax bill is $3,643, which is higher than Maryland's median bill by $1,243 and higher than the national median property tax bill of $2,400. If your estimate is higher than expected, Ownwell can appeal your Montgomery Village assessment — you only pay if we save you money.
About Montgomery Village Property Taxes
About Property Taxes in Montgomery Village, Montgomery, Maryland
Montgomery Village’s median effective property tax rate of 1.09% is lower than the Maryland state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Montgomery 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 Montgomery Village. Homeowners in the 20886 ZIP code carry a median effective rate of 1.09%, while those in 20886 pay 1.09%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Montgomery County. Understanding which part of Montgomery Village you live in can make a meaningful difference to your annual tax bill.
Montgomery Village 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 Montgomery Village, Montgomery 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 Montgomery Village'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 Montgomery Village, Montgomery County, Maryland
Source: Ownwell
1.01%
1.38%
1.75%
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 Montgomery Village Tax Rate
1.09%
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 Montgomery County Tax Rate
1.19%
Median Effective Maryland Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Montgomery Village, Montgomery County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20886 | 0.93% | 1.05% | 1.09% | 1.12% | 1.15% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Montgomery Village, Montgomery County, Maryland
When examining property taxes in Montgomery Village, 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 Montgomery County assessment office 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 Montgomery County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in Montgomery Village.
For example, the median home price in Montgomery Village is $329,500, with tax bills ranging significantly across the county. 20886 has the highest median home price at $329,500.
Property Tax Assessment Values Across Montgomery Village, Montgomery County, Maryland
Source: Ownwell
$110,000
$614,075
$1,118,150
Median Montgomery Village Market Value
$329,500
Median Montgomery County Market Value
$520,100
Median Maryland Market Value
$338,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montgomery Village, Montgomery County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20886 | $190,660 | $277,200 | $329,500 | $432,200 | $545,620 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Montgomery Village, Montgomery County, Maryland
Property tax bills in Montgomery Village are based on the assessed value of a home and the local tax rate set by Montgomery County. When a property’s assessed market value rises, the tax bill can increase too, which is why homeowners often see higher costs after a reassessment. With a median home price of $329,500, the typical tax burden can be meaningful, especially when compared with the national median property tax bill of $2,400.
For many homeowners, bills in the area fall between $3,013 and $4,730, with the highest median tax bill reaching $3,643 in ZIP code 20886. That means even small assessment errors can have a real impact on household budgets.
Ownwell helps homeowners challenge inaccurate assessments and find exemptions that may lower their property tax bills. By reviewing your property’s assessed value and identifying savings opportunities, Ownwell can help you keep more of your money while making sure you are not overpaying.
Property Tax Bills Across Montgomery Village, Montgomery County, Maryland
Source: Ownwell
$1,261
$7,418
$13,575
Median Montgomery Village Tax Bill
$3,643
Median Montgomery County Tax Bill
$6,208
Median Maryland Tax Bill
$4,092
Median United States Tax Bill
$2,400
Property Tax Bills Across Montgomery Village, Montgomery County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20886 | $1,680 | $3,013 | $3,643 | $4,730 | $5,894 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 13 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | sdat.dat.maryland.gov |