Property taxes in Montgomery County, Maryland
Homes in Montgomery County pay about 0.87% of their value in property taxes each year, or about $5,935 on a home at the local median sale price of $682,205. That’s about the same as the typical county in Maryland (0.90%).
Effective rate0.87%Of home value per year
Rank in Maryland#15 of 241 = highest rate
Tax at the median sale price$5,935On $682,205
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $2,175 | $181 |
| $400,000 | $3,480 | $290 |
| $600,000 | $5,220 | $435 |
| $800,000 | $6,960 | $580 |
| $1,000,000 | $8,700 | $725 |
How accurate is a county rate?
This is a county average: the median tax bill divided by the median home value. Your bill depends on the home’s assessed value, the town and school district, and any exemptions you qualify for. Ask for the home’s current tax bill before you make an offer.
Questions
What is the property tax rate in Montgomery County, Maryland?
About 0.87% of a home’s value per year, based on U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
How much is property tax on a $400,000 home in Montgomery County?
About $3,480 a year, or $290 a month.
Counties in Maryland with similar rates
More for Montgomery County
Montgomery County loan limitsMaryland closing costsAshton 20861 market dataBarnesville 20838 market dataBethesda 20814 market dataBethesda 20816 market dataBethesda 20817 market dataBethesda 20894 market dataBoyds 20841 market dataBrinklow 20862 market dataBrookeville 20833 market dataBurtonsville 20866 market dataCabin John 20818 market dataChevy Chase 20815 market data
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.