Property Taxes in Lexington Park, Maryland
Median Lexington Park, Maryland effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Lexington Park, Maryland home value: $317,200
Median annual Lexington Park, Maryland tax bill: $2,894, $494 higher than the national median property tax bill of $2,400.
How are property taxes in St. Mary's calculated?
Property taxes in Lexington Park, 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 Lexington Park's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lexington Park, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Lexington Park Property Tax Calculator Work?
Use this Lexington Park property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lexington Park's median effective tax rate of 0.92% — based on actual property records in St. Mary's County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Lexington Park'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 Lexington Park: rates range from 0.92% in 20653 to 0.92% in 20653, 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 Lexington Park.
About Lexington Park Property Taxes
About Property Taxes in Lexington Park, St. Mary's, Maryland
Lexington Park's median effective property tax rate of 0.92% is lower than the Maryland state median of 1.21% and lower than the national median of 1.02%. This rate reflects the St. Mary'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 Lexington Park. Homeowners in the 20653 ZIP code carry a median effective rate of 0.92%, while those in the lowest ZIP also pay 0.92%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across St. Mary's County. Understanding which part of Lexington Park you live in can make a meaningful difference to your annual tax bill.
Lexington Park homeowners who believe their assessed value is too high can file a formal appeal with the 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 Lexington Park, St. Mary'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 Lexington Park'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 Lexington Park Tax Rate
0.92%
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 St. Mary's County Tax Rate
1.00%
Median Effective Maryland Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Lexington Park, St. Mary's County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20653 | 0.81% | 0.87% | 0.92% | 0.96% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Lexington Park, St. Mary's County, Maryland
When examining property taxes in Lexington Park, 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 St. Mary'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 St. Mary's County, assessment notices are sent in December 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. The median home price in Lexington Park is $317,200, with tax bills ranging across the county. Zip code 20653 has the highest median home price at $317,200.
Property Tax Assessment Values Across Lexington Park, St. Mary's County, Maryland
Source: Ownwell
$243,700
$385,275
$526,850
Median Lexington Park Market Value
$317,200
Median St. Mary's County Market Value
$332,600
Median Maryland Market Value
$338,400
Median United States Market Value
$274,101
Property Tax Assessment Values Across Lexington Park, St. Mary's County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20653 | $153,200 | $228,350 | $317,200 | $399,150 | $480,520 |
Source: Ownwell
Property Tax Bills Across Lexington Park, St. Mary's County, Maryland
Property tax bills in Lexington Park are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For a home with a median price of $317,200, the bill depends on how that value is assessed and the tax rate set by local governments.
Several factors can affect the final amount, including the property’s location, any changes in assessed value, and local tax levies. In St. Mary’s County, the median property tax bill is $2,894, which is above the national median property tax bill of $2,400 and slightly higher than the national median property tax rate of 1.02%.
For homeowners, this means property taxes can be a meaningful part of annual housing costs. Bills typically range from $2,114 at the 25th percentile to $3,570 at the 75th percentile, with the 90th percentile reaching $4,346.
Property Tax Bills Across Lexington Park, St. Mary's County, Maryland
Source: Ownwell
$2,626
$3,873
$5,119
Median Lexington Park Tax Bill
$2,894
Median St. Mary's County Tax Bill
$3,276
Median Maryland Tax Bill
$4,092
Median United States Tax Bill
$3,209
Property Tax Bills Across Lexington Park, St. Mary's County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20653 | $1,327 | $2,114 | $2,894 | $3,570 | $4,346 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 13 |
Links | |
|---|---|
| St. Mary's Tax Assessor | |
| Website | sdat.dat.maryland.gov |