Saint Marys City, St. Mary's County, Maryland Property Taxes

Name: Property Tax Bills Across Saint Marys City, St. Mary's County, Maryland
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Saint Marys City, MD effective property tax rate: 1.08%, slightly higher than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Saint Marys City, MD home value: $357,650
Median annual Saint Marys City, MD tax bill: $3,847, $1,447 higher than the national median property tax bill of $2,400.

How are property taxes in St. Mary's calculated?

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

Last Updated March 1, 2025

Saint Marys City, St. Mary's County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.08%

Estimate Property Tax Bill

$3,863

$3,584

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

Property Tax Rates Across Saint Marys City, St. Mary's County, Maryland

Local government entities determine tax rates, leading to significant variations within a state. Each county, including St. Mary's, annually calculates its required budget for essential services and divides this by the total value of all taxable properties within its jurisdiction. This results in the property tax rate. While the process involves votes and laws, this is essentially how it unfolds each year.

Saint Marys City's effective property tax rate can be compared to other cities in Maryland and the median property tax rates in Maryland and the U.S. Notably, the median property tax rate in Maryland stands at 1.08%, slightly above the national median of 1.02%. This positions Maryland among the states with higher property tax rates, reflecting the state's commitment to funding public services through property taxes. By understanding these rates, property owners in Saint Marys City can make informed decisions about their investments and potential tax liabilities. This knowledge is crucial for navigating the complexities of property taxation in Maryland and ensuring fair assessments.

Property Tax Rates Across Saint Marys City, St. Mary's County, Maryland

Source: Ownwell

0.95%

1.04%

1.12%

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 Saint Marys City Tax Rate

1.08%

Median Effective St. Mary's County Tax Rate

1.05%

Median Effective Maryland Tax Rate

1.06%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Saint Marys City, St. Mary's County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20686	1.07%	1.07%	1.08%	1.09%	1.11%

Source: Ownwell

Property Tax Assessment Values Across Saint Marys City, St. Mary's County, Maryland

When examining property taxes in Saint Marys City, 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 St. Mary'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 St. Mary'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 Saint Marys City.

For example, the median home price in Saint Marys City is $357,650, with tax bills ranging significantly across the county. 20686 has the highest median home price at $357,650.

Property Tax Assessment Values Across Saint Marys City, St. Mary's County, Maryland

Source: Ownwell

$241,000

$381,150

$521,300

Median Saint Marys City Market Value

$357,650

Median St. Mary's County Market Value

$302,600

Median Maryland Market Value

$317,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Saint Marys City, St. Mary's County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20686	$212,580	$289,425	$357,650	$419,475	$707,340

Source: Ownwell

Property Tax Bills Across Saint Marys City, St. Mary's County, Maryland

In Saint Marys City, located in St. Mary's County, MD, property tax bills are determined by applying the local tax rate to the assessed value of a home. The median home price is $357,650, which contributes significantly to the calculation of property taxes. Homeowners in this area face a median property tax bill of $3,847, which is considerably higher than the national median of $2,400. Several factors influence the final tax bill, including the property's assessed value and any applicable exemptions or deductions. The tax bill can vary widely, with the 25th percentile at $3,144 and the 90th percentile reaching $7,452. This variance highlights the importance of accurate assessments and potential savings for homeowners. Ownwell can assist homeowners in Saint Marys City by reviewing their property assessments and identifying opportunities for appeals or exemptions. By leveraging their expertise, homeowners can potentially lower their tax bills, ensuring they pay only their fair share and easing the financial burden of property ownership.

Property Tax Bills Across Saint Marys City, St. Mary's County, Maryland

Source: Ownwell

$2,534

$3,692

$4,849

Median Saint Marys City Tax Bill

$3,847

Median St. Mary's County Tax Bill

$3,095

Median Maryland Tax Bill

$3,419

Median United States Tax Bill

$2,400

Property Tax Bills Across Saint Marys City, St. Mary's County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20686	$2,352	$3,144	$3,847	$4,484	$7,452

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
St. Mary's Tax Assessor
Website	sdat.dat.maryland.gov