Grasonville, Queen Anne's County, Maryland Property Taxes
Median Grasonville, MD effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Grasonville, MD home value: $450,000
Median annual Grasonville, MD tax bill: $4,030, $1,630 higher than the national median property tax bill of $2,400.
How are property taxes in Queen Anne's calculated?
Property taxes in Grasonville, 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 Grasonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grasonville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grasonville, Queen Anne's County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$4,095
$3,800
Ownwell’s Grasonville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grasonville with just two data points.
By entering your property's estimated assessed value, our calculator applies Grasonville’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 Queen Anne's County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Grasonville, Queen Anne's County, Maryland
Local government entities in Maryland set tax rates, which can vary widely within the state. This is because each year, counties like Queen Anne's estimate the budget needed to provide essential services and divide this by the total assessed value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
Grasonville, located in Queen Anne's County, has an effective property tax rate that aligns with the median tax rate for Maryland, which is 0.91%. This is slightly below the national median property tax rate of 1.02%. Comparatively, Grasonville's tax rate is consistent with other cities in Maryland, reflecting a stable approach to property taxation in the region. When examining property tax bills, Maryland's median tax bill is generally lower than the national median of $2400. This positions Grasonville as an attractive option for property owners seeking manageable tax obligations while benefiting from the services funded by these taxes.
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 Grasonville Tax Rate
0.91%
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
0.94%
Median Effective Maryland Tax Rate
1.06%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grasonville, Queen Anne's County, Maryland
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
21638 | 0.85% | 0.88% | 0.91% | 0.92% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Grasonville, Queen Anne's County, Maryland
When examining property taxes in Grasonville, 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 Queen Anne'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 Queen Anne's County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Grasonville. For example, the median home price in Grasonville is $450,000, with tax bills ranging significantly across the county. Zip code 21638 has the highest median home price at $450,000.
Property Tax Assessment Values Across Grasonville, Queen Anne's County, Maryland
Source: Ownwell
$230,250
$340,125
$450,000
Median Grasonville Market Value
$450,000
Median Queen Anne's County Market Value
$361,000
Median Maryland Market Value
$317,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grasonville, Queen Anne's County, Maryland
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
21638 | $199,880 | $282,700 | $450,000 | $582,700 | $830,240 |
Source: Ownwell
Property Tax Bills Across Grasonville, Queen Anne's County, Maryland
Property Tax Bills Across Grasonville, Queen Anne's County, Maryland
Source: Ownwell
$1,773
$2,975
$4,177
Median Grasonville Tax Bill
$4,030
Median Queen Anne's County Tax Bill
$3,399
Median Maryland Tax Bill
$3,419
Median United States Tax Bill
$2,400
Property Tax Bills Across Grasonville, Queen Anne's County, Maryland
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
21638 | $1,840 | $2,569 | $4,030 | $5,234 | $7,505 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Queen Anne's Tax Assessor | |
Website | sdat.dat.maryland.gov |