Pittsville, Wicomico County, Maryland Property Taxes

Name: Property Tax Bills Across Pittsville, Wicomico County, Maryland
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Pittsville, MD effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Maryland state median of 1.06%.
Median Pittsville, MD home value: $170,950
Median annual Pittsville, MD tax bill: $1,405, $995 lower than the national median property tax bill of $2,400.

How are property taxes in Wicomico calculated?

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

Last Updated March 1, 2025

Pittsville, Wicomico County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.83%

Estimate Property Tax Bill

$1,419

$1,317

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

Property Tax Rates Across Pittsville, Wicomico County, Maryland

Local government entities in Maryland set property tax rates, which can differ significantly within the state. Each county, including Wicomico, annually calculates its required budget to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Although votes and legislation play roles in determining tax rates and budgets, this is the fundamental process. In Pittsville, located in Wicomico County, the effective property tax rate is 0.83%. This aligns with both the highest and lowest median tax rates within the state, highlighting a uniformity in this region. Comparing this to the national median property tax rate of 1.02%, Pittsville's rate is notably lower. The national median property tax bill is $2,400, which further contextualizes Pittsville's rate as favorable. This comparison underscores the importance of understanding local tax rates, as they directly impact property owners' financial responsibilities.

Property Tax Rates Across Pittsville, Wicomico County, Maryland

Source: Ownwell

0.81%

0.90%

1.00%

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 Pittsville Tax Rate

0.83%

Median Effective Wicomico County Tax Rate

0.94%

Median Effective Maryland Tax Rate

1.06%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pittsville, Wicomico County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
21850	0.72%	0.79%	0.83%	0.86%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Pittsville, Wicomico County, Maryland

When examining property taxes in Pittsville, 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 Wicomico 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.

In Wicomico 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 Pittsville.

For example, the median home price in Pittsville is $170,950, with tax bills ranging significantly across the county. Zip code 21850 has the highest median home price at $170,950.

Property Tax Assessment Values Across Pittsville, Wicomico County, Maryland

Source: Ownwell

$91,800

$152,200

$212,600

Median Pittsville Market Value

$170,950

Median Wicomico County Market Value

$161,300

Median Maryland Market Value

$317,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pittsville, Wicomico County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
21850	$71,500	$105,975	$170,950	$251,400	$322,770

Source: Ownwell

Property Tax Bills Across Pittsville, Wicomico County, Maryland

In Pittsville, located in Wicomico County, MD, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the local tax assessor and reflects the market value of the property. The tax rate is then applied to this assessed value to determine the annual tax bill. Homeowners in Pittsville often find their tax bills influenced by factors such as property size, location, and market trends. The median home price in the area is $170,950, with tax bills ranging from the 25th percentile at $909 to the 90th percentile at $2,520. Despite the national median property tax bill being $2,400, many homeowners in Pittsville may find themselves paying more or less depending on their specific circumstances. Ownwell assists homeowners by identifying potential errors in property assessments and advocating for fair adjustments, potentially leading to significant savings. By engaging with Ownwell, homeowners can ensure they are not overpaying on their property taxes, relieving financial pressure and ensuring equity.

Property Tax Bills Across Pittsville, Wicomico County, Maryland

Source: Ownwell

$907

$1,460

$2,013

Median Pittsville Tax Bill

$1,405

Median Wicomico County Tax Bill

$1,455

Median Maryland Tax Bill

$3,419

Median United States Tax Bill

$2,400

Property Tax Bills Across Pittsville, Wicomico County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
21850	$630	$909	$1,405	$2,003	$2,520

Source: Ownwell