Berwyn Heights, Prince George's County, Maryland Property Taxes

Name: Property Tax Bills Across Berwyn Heights, Prince George's County, Maryland
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Berwyn Heights, MD effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Berwyn Heights, MD home value: $356,400
Median annual Berwyn Heights, MD tax bill: $5,199, $2,799 higher than the national median property tax bill of $2,400.

How are property taxes in Prince George's calculated?

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

Last Updated March 1, 2025

Berwyn Heights, Prince George's County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.45%

Estimate Property Tax Bill

$5,168

$4,796

Ownwell’s Berwyn Heights Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Berwyn Heights with just two data points.

By entering your property's estimated assessed value, our calculator applies Berwyn Heights’ 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 Prince George's County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Berwyn Heights, Prince George's County, Maryland

Local government entities in Maryland set tax rates, and these can vary significantly across different areas. Annually, each county, including Prince George's County, estimates its required budget to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. While the process involves votes and laws, this is essentially how the annual property tax rate is determined.

Berwyn Heights in Prince George's County has a property tax rate that aligns with the county's median rate. Compared to the national median property tax rate of 1.02%, Maryland's rate stands higher at 1.45%. This means that homeowners in Berwyn Heights might experience higher property tax bills compared to the national average. Understanding these rates can be crucial for property owners, as they impact the overall cost of homeownership. By comparing Berwyn Heights’ effective property tax rate to other cities in Maryland, homeowners can better understand their tax obligations relative to state and national averages.

Property Tax Rates Across Berwyn Heights, Prince George's County, Maryland

Source: Ownwell

0.95%

1.38%

1.81%

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 Berwyn Heights Tax Rate

1.45%

Median Effective Prince George's County Tax Rate

1.11%

Median Effective Maryland Tax Rate

1.06%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Berwyn Heights, Prince George's County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20740	1.41%	1.44%	1.45%	1.48%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Berwyn Heights, Prince George's County, Maryland

When examining property taxes in Berwyn Heights, 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 Prince George's 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 Prince George's 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 Berwyn Heights. For example, the median home price in Berwyn Heights is $356,400, with tax bills ranging significantly across the county. Zip code 20740 has the highest median home price at $356,400.

Property Tax Assessment Values Across Berwyn Heights, Prince George's County, Maryland

Source: Ownwell

$223,000

$390,725

$558,450

Median Berwyn Heights Market Value

$356,400

Median Prince George's County Market Value

$345,300

Median Maryland Market Value

$317,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Berwyn Heights, Prince George's County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20740	$309,300	$329,100	$356,400	$396,400	$440,160

Source: Ownwell

Property Tax Bills Across Berwyn Heights, Prince George's County, Maryland

In Berwyn Heights, located in Prince George's County, MD, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and can be influenced by factors such as the size of the property, its location, and recent sales data of comparable homes. With a median home price of $356,400, residents often face higher tax bills than the national median. The 25th percentile tax bill stands at $4,824, while the 75th percentile reaches $5,721, and the 90th percentile soars to $6,360. These figures are significantly above the national median property tax bill of $2,400. Homeowners in Berwyn Heights can feel the financial strain of these high property taxes. However, Ownwell offers a solution by providing expert property tax appeal services. By analyzing a property’s assessed value and identifying potential inaccuracies, Ownwell can help homeowners reduce their tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Berwyn Heights, Prince George's County, Maryland

Source: Ownwell

$2,662

$5,360

$8,058

Median Berwyn Heights Tax Bill

$5,199

Median Prince George's County Tax Bill

$3,870

Median Maryland Tax Bill

$3,419

Median United States Tax Bill

$2,400

Property Tax Bills Across Berwyn Heights, Prince George's County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20740	$4,553	$4,824	$5,199	$5,721	$6,360

Source: Ownwell