Property Taxes in Cavetown, Maryland
Median Cavetown, Maryland effective property tax rate: 1.04%, significantly lower than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Cavetown, Maryland home value: $172,450
Median annual Cavetown, Maryland tax bill: $1,785, lower than the national median property tax bill of $2,400.
How are property taxes in Washington calculated?
Property taxes in Cavetown, 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 Cavetown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cavetown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Cavetown Property Tax Calculator Work?
Use this Cavetown property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and the calculator applies Cavetown’s median effective tax rate of 1.04% — based on actual property records in Washington County — to generate your estimate.
Enter your property’s estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. The calculator applies Cavetown’s median effective rate across all local levies, giving a more accurate estimate than using a single county rate.
Your bill may vary by ZIP code within Cavetown, but the median bill is $1,785 in 21720. That is $615 lower than the Maryland median property tax bill and above the national median property tax rate of 1.02%.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cavetown.
About Cavetown Property Taxes
About Property Taxes in Cavetown, Washington, Maryland
Cavetown's median effective property tax rate of 1.04% is higher than the Maryland state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Washington 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 Cavetown. Homeowners in the 21720 ZIP code carry a median effective rate of 1.04%, while those in 21720 pay 1.04%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Washington County. Understanding which part of Cavetown you live in can make a meaningful difference to your annual tax bill.
Cavetown homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before February 13, 2026 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 Cavetown, Washington 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 Cavetown'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 Ă· 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 Cavetown Tax Rate
1.04%
Our median effective property tax rate (tax bill Ă· 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 Washington County Tax Rate
0.88%
Median Effective Maryland Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Cavetown, Washington County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21720 | 0.92% | 0.99% | 1.04% | 1.04% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Cavetown, Washington County, Maryland
When examining property taxes in Cavetown, 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 Washington 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 Washington 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. For example, the median home price in Cavetown is $172,450, with tax bills ranging significantly across the county. ZIP code 21720 has the highest median home price at $172,450.
Property Tax Assessment Values Across Cavetown, Washington County, Maryland
Source: Ownwell
$99,000
$249,700
$400,400
Median Cavetown Market Value
$172,450
Median Washington County Market Value
$235,900
Median Maryland Market Value
$338,400
Median United States Market Value
$274,101
Property Tax Assessment Values Across Cavetown, Washington County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21720 | $120,980 | $153,450 | $172,450 | $256,000 | $331,290 |
Source: Ownwell
Property Tax Bills Across Cavetown, Washington County, Maryland
Property tax bills in Cavetown are based on the assessed value of a home and the local tax rate set for Washington County. When a property is valued, that assessed amount is used to calculate the bill, so homes with higher market values generally face higher taxes. Factors such as the home’s location, size, and condition can influence the assessed value, which then affects the final bill.
For Cavetown homeowners, the median home price is $172,450, and the median property tax bill is $1,785. That is below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Bills can still vary widely, with the 25th percentile at $1,606 and the 75th percentile at $2,409. The highest and lowest median tax bill in the area is $1,785 in ZIP code 21720.
Median Cavetown Tax Bill
$1,785
Median Washington County Tax Bill
$2,083
Median Maryland Tax Bill
$4,092
Median United States Tax Bill
$3,209
Property Tax Bills Across Cavetown, Washington County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21720 | $1,392 | $1,606 | $1,785 | $2,409 | $3,020 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 13 |
Links | |
|---|---|
| Washington Tax Assessor | |
| Website | sdat.dat.maryland.gov |