Property Taxes in Neavitt, Maryland
Median Neavitt, Maryland effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Neavitt, Maryland home value: $362,100
Median annual Neavitt, Maryland tax bill: $2,537, $137 higher than the national median property tax bill of $2,400.
How are property taxes in Talbot calculated?
Property taxes in Neavitt, 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 Neavitt's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Neavitt, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Neavitt Property Tax Calculator Work?
Use this Neavitt property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Neavitt's median effective tax rate of 0.84% — based on actual property records in Talbot County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Neavitt'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 Neavitt: rates are 0.84% in 21652, 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 Neavitt.
About Neavitt Property Taxes
About Property Taxes in Neavitt, Talbot, Maryland
Neavitt’s median effective property tax rate of 0.84% is lower than the Maryland state median of 1.21% and lower than the national median of 1.02%. This rate reflects the Talbot 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 Neavitt. Homeowners in ZIP code 21652 carry a median effective rate of 0.84%, and the same ZIP code also reflects the city’s median home price of $362,100 and median tax bill of $2,537. Understanding how your assessed value is set can make a meaningful difference to your annual tax bill.
Neavitt 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. The notice date is December.
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 Neavitt, Talbot 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 Neavitt'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 Neavitt Tax Rate
0.84%
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 Talbot County Tax Rate
0.76%
Median Effective Maryland Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Neavitt, Talbot County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21652 | 0.39% | 0.68% | 0.84% | 0.88% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Neavitt, Talbot County, Maryland
When examining property taxes in Neavitt, 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 Talbot 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 Talbot 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 Neavitt.
For example, the median home price in Neavitt is $362,100, with tax bills ranging significantly across the county. 21652 has the highest median home price at $362,100.
Property Tax Assessment Values Across Neavitt, Talbot County, Maryland
Source: Ownwell
$239,500
$493,150
$746,800
Median Neavitt Market Value
$362,100
Median Talbot County Market Value
$338,300
Median Maryland Market Value
$338,400
Median United States Market Value
$274,101
Property Tax Assessment Values Across Neavitt, Talbot County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21652 | $179,900 | $223,100 | $362,100 | $680,900 | $1,380,400 |
Source: Ownwell
Property Tax Bills Across Neavitt, Talbot County, Maryland
Property tax bills in Neavitt are based on the assessed market value of a home and the local tax rate set by Talbot County and other taxing authorities. When a property is assessed at a higher value, the bill generally rises, while a lower assessment can reduce what a homeowner owes. The median home price in Neavitt is $362,100, and the median property tax bill is $2,537, which is above the national median property tax bill of $2,400.
What homeowners pay can vary widely depending on the assessed value of the property and any local levies included in the bill. In Neavitt, the 25th percentile tax bill is $1,688, while the 75th percentile is $4,706 and the 90th percentile reaches $10,156. That spread shows how much property taxes can differ from one home to another, even within the same city.
Median Neavitt Tax Bill
$2,537
Median Talbot County Tax Bill
$2,311
Median Maryland Tax Bill
$4,092
Median United States Tax Bill
$3,209
Property Tax Bills Across Neavitt, Talbot County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21652 | $1,003 | $1,688 | $2,537 | $4,706 | $10,156 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 13 |
Links | |
|---|---|
| Talbot Tax Assessor | |
| Website | sdat.dat.maryland.gov |