Greenbelt, Prince George's County, Maryland Property Taxes

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

Median Greenbelt, MD effective property tax rate: 1.71%, significantly higher than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Greenbelt, MD home value: $223,000
Median annual Greenbelt, MD tax bill: $3,839, $1,439 higher than the national median property tax bill of $2,400.

How are property taxes in Prince George's calculated?

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

Last Updated March 1, 2025

Greenbelt, Prince George's County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.71%

Estimate Property Tax Bill

$3,813

$3,539

Ownwell’s Greenbelt Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Greenbelt with just two data points. By entering your property's estimated assessed value, our calculator applies Greenbelt’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 Prince George's County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Greenbelt, Prince George's County, Maryland

Local government entities set tax rates, and these can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the fundamental process each year.

In Greenbelt, located in Prince George's County, the effective property tax rate stands out when compared to other cities in Maryland. The median property tax rate in Maryland is higher than the national median, which is 1.02%. This makes Greenbelt's rate notably higher than what many other U.S. cities experience. For property owners in Greenbelt, this means a higher tax bill compared to the national median property tax bill of $2,400. Understanding how these rates are set and how they compare to state and national figures can help property owners make informed decisions about their real estate investments and financial planning.

Property Tax Rates Across Greenbelt, 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 Greenbelt Tax Rate

1.71%

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 Greenbelt, Prince George's County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20770	1.64%	1.68%	1.71%	1.74%	1.76%

Source: Ownwell

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

When examining property taxes in Greenbelt, 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. Assessment notices: 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 Greenbelt. For example, the median home price in Greenbelt is $223,000, with tax bills ranging significantly across the county. 20770 has the highest median home price at $223,000.

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

Source: Ownwell

$223,000

$390,725

$558,450

Median Greenbelt Market Value

$223,000

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 Greenbelt, Prince George's County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20770	$135,000	$162,100	$223,000	$333,700	$460,580

Source: Ownwell

Property Tax Bills Across Greenbelt, Prince George's County, Maryland

In Greenbelt, located in Prince George's County, MD, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The tax rate is applied to this assessed value to determine the annual property tax bill. With a median home price of $223,000, homeowners in Greenbelt face a median property tax bill of $3,839, which is significantly higher than the national median of $2,400. Tax bills in this area can vary, with the 25th percentile at $2,801 and the 90th percentile reaching $8,044. These figures highlight the potential financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.

Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and ensuring they are fair and accurate, Ownwell can help homeowners achieve savings on their property tax bills, providing financial relief and peace of mind.

Property Tax Bills Across Greenbelt, Prince George's County, Maryland

Source: Ownwell

$2,662

$5,360

$8,058

Median Greenbelt Tax Bill

$3,839

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 Greenbelt, Prince George's County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20770	$1,835	$2,801	$3,839	$5,744	$8,044

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Prince George's Tax Assessor
Website	sdat.dat.maryland.gov