Property Taxes in Chestertown, Maryland
Median Chestertown, Maryland effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Chestertown, Maryland home value: $266,600
Median annual Chestertown, Maryland tax bill: $2,325, $75 lower than the national median property tax bill of $2,400.
How are property taxes in Queen Anne's calculated?
Property taxes in Chestertown, 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 Chestertown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chestertown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Chestertown Property Tax Calculator Work?
Use this Chestertown property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Chestertown's median effective tax rate of 0.88% — based on actual property records in Queen Anne's County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Chestertown'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 Chestertown: rates range from 0.88% in 21620 to 0.88% in 21620, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Chestertown.
About Chestertown Property Taxes
About Property Taxes in Chestertown, Queen Anne's, Maryland
Chestertown's median effective property tax rate of 0.88% is lower than the Maryland state median of 1.21% and lower than the national median of 1.02%. This rate reflects the Queen Anne's 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 Chestertown. Homeowners in the 21620 ZIP code carry a median effective rate of 0.88%, while those in 21620 pay 0.88%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Queen Anne's County. Understanding which part of Chestertown you live in can make a meaningful difference to your annual tax bill.
Chestertown homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before February 13, 2026.
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 Chestertown, Queen Anne's 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 Chestertown's effective property tax rate to other cities in Maryland and the median property tax rates in Maryland and the U.S.
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 Chestertown Tax Rate
0.88%
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 Queen Anne's County Tax Rate
0.87%
Median Effective Maryland Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Chestertown, Queen Anne's County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21620 | 0.80% | 0.82% | 0.88% | 0.91% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Chestertown, Queen Anne's County, Maryland
When examining property taxes in Chestertown, 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 Queen Anne's 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 Queen Anne's County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of December.
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 Chestertown.
For example, the median home price in Chestertown is $266,600, with tax bills ranging significantly across the county. 21620 has the highest median home price at $266,600.
Property Tax Assessment Values Across Chestertown, Queen Anne's County, Maryland
Source: Ownwell
$229,700
$343,000
$456,300
Median Chestertown Market Value
$266,600
Median Queen Anne's County Market Value
$401,800
Median Maryland Market Value
$338,400
Median United States Market Value
$274,101
Property Tax Assessment Values Across Chestertown, Queen Anne's County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21620 | $157,740 | $202,450 | $266,600 | $370,025 | $603,380 |
Source: Ownwell
Property Tax Bills Across Chestertown, Queen Anne's County, Maryland
Property tax bills in Chestertown are based on the assessed value of a home and the local tax rate set by Queen Anne's County and other taxing authorities. When a property’s assessed value rises, the tax bill can increase even if the homeowner’s income does not change. For a home with a median market value of $266,600, the annual bill is shaped by how that value is assessed and how local rates are applied.
What homeowners pay can vary widely. The 25th percentile tax bill is $1,745, while the 75th percentile reaches $3,146. At the high end, the 90th percentile tax bill is $5,214. The median tax bill in the area is $2,325, which is slightly below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
These bills directly affect household budgets, making it important for homeowners to understand how assessments and tax rates work.
Property Tax Bills Across Chestertown, Queen Anne's County, Maryland
Source: Ownwell
$1,895
$3,089
$4,282
Median Chestertown Tax Bill
$2,325
Median Queen Anne's County Tax Bill
$3,593
Median Maryland Tax Bill
$4,092
Median United States Tax Bill
$3,209
Property Tax Bills Across Chestertown, Queen Anne's County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21620 | $1,409 | $1,745 | $2,325 | $3,146 | $5,214 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 13 |
Links | |
|---|---|
| Queen Anne's Tax Assessor | |
| Website | sdat.dat.maryland.gov |