Property Taxes in Loveville, Maryland
Median Loveville, Maryland effective property tax rate: 1.03%, significantly higher than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Loveville, Maryland home value: $289,150
Median annual Loveville, Maryland tax bill: $2,894, higher than the national median property tax bill of $2,400.
How are property taxes in St. Mary's calculated?
Property taxes in Loveville, 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 Loveville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Loveville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Loveville Property Tax Calculator Work?
Use this Loveville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Loveville's median effective tax rate of 1.03% — 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 Loveville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Loveville's rate is higher than the Maryland median tax rate of 1.21%, and the median property tax bill is $2,894, which is $494 higher than the state median bill. Your bill may vary by ZIP code within Loveville, but the available ZIP code trend shows 20656 at $2,894.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Loveville.
About Loveville Property Taxes
About Property Taxes in Loveville, St. Mary's, Maryland
Loveville's median effective property tax rate of 1.03% is lower than the Maryland state median of 1.21% and higher 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 Loveville. Homeowners in the 20656 ZIP code carry a median effective rate of 1.03%, while those in the same ZIP code pay 1.03%. This spread reflects how school district boundaries and local assessment districts are drawn across St. Mary's County. Understanding which part of Loveville you live in can make a meaningful difference to your annual tax bill.
Loveville 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 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 Loveville, 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 Loveville'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 Loveville Tax Rate
1.03%
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 Loveville, St. Mary's County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20656 | 0.92% | 0.98% | 1.03% | 1.06% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Loveville, St. Mary's County, Maryland
When examining property taxes in Loveville, 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.
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. For example, the median home price in Loveville is $289,150, with a median tax bill of $2,894. The highest median home price is in 20656 at $289,150.
Property Tax Assessment Values Across Loveville, St. Mary's County, Maryland
Source: Ownwell
$243,700
$385,275
$526,850
Median Loveville Market Value
$289,150
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 Loveville, St. Mary's County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20656 | $174,400 | $238,600 | $289,150 | $446,950 | $520,550 |
Source: Ownwell
Property Tax Bills Across Loveville, St. Mary's County, Maryland
Property tax bills in Loveville are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is the starting point for the bill, and local taxing authorities use it to determine how much a homeowner owes each year.
For a home with a median price of $289,150, the tax bill can vary depending on the assessment and the tax rate applied. In Loveville, the median tax bill is $2,894, which is above the national median property tax bill of $2,400 and slightly above the national median property tax rate of 1.02%.
Other factors can also affect the final bill, including exemptions and changes in market value. Higher assessed values generally lead to higher tax bills, while lower assessments can reduce what homeowners pay. For many homeowners, this makes property taxes a significant ongoing housing cost.
Median Loveville 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 Loveville, St. Mary's County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20656 | $1,766 | $2,427 | $2,894 | $4,440 | $5,148 |
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 |