Montgomery County Property Taxes
Montgomery County, Maryland
Effective Tax Rate
0.00%
60.5% above state avgMedian Annual Tax
$0
$445/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.87%
At a Glance
Median Home Value
$615,200
State avg ▲ $350,738
Tax w/ Mortgage/yr
$5,287
$441/mo escrow
Tax w/o Mortgage/yr
$5,470
$456/mo
State Tax Rate Rank
#7
of 24 counties (1 = lowest)
Data Story
About Property Taxes in Montgomery County, Maryland
Montgomery County taxes run below national average
At 0.868%, Montgomery County's effective property tax rate sits just below the national median of 0.84%, making it one of the nation's more affordable tax jurisdictions. However, the median property tax bill of $5,341 is double the national median of $2,690, driven by the county's exceptionally high property values averaging $615,200.
Second lowest rate in Maryland
Montgomery County's 0.868% effective tax rate ranks second-lowest among Maryland's 24 counties, well below the state average of 0.957%. Despite its favorable rate, its median tax bill of $5,341 runs 60% above the state median of $3,328, reflecting the county's premium property values.
Lower rate but higher bills than nearby counties
Montgomery County's 0.868% rate is the lowest in the Baltimore-Washington corridor, undercutting Howard County's 1.182% by a significant margin. Yet homeowners pay $5,341 annually—roughly $1,880 more than Harford County residents—because of the county's elevated property valuations.
Expected annual tax on median home
A home valued at Montgomery County's median of $615,200 will generate approximately $5,341 in annual property taxes at the 0.868% effective rate. With a mortgage, that estimate is $5,287; without one, it rises to $5,470.
You may be paying too much
High-value Montgomery County properties deserve careful assessment scrutiny, particularly if market conditions have shifted since your last review. Homeowners should compare their assessments to recent comparable sales and file an appeal if their valuation appears inflated.
How Montgomery County Compares
Median Annual Property Tax
Montgomery County
0.87%
Effective rate
Maryland Avg
0.95%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Montgomery County, Maryland?
How much are property taxes in Montgomery County?
How does Montgomery County compare to the Maryland average?
What is the median home value in Montgomery County, Maryland?
Is Montgomery County a low property tax area in Maryland?
How does Montgomery County rank for property taxes in Maryland?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Maryland
Talbot County
0.66%
Worcester County
0.76%
Queen Anne's County
0.79%
Garrett County
0.83%
Anne Arundel County
0.85%
St. Mary's County
0.87%
Calvert County
0.88%
Washington County
0.89%
Wicomico County
0.89%
Caroline County
0.92%
Harford County
0.93%
Kent County
0.94%
Carroll County
0.94%
Dorchester County
0.95%
Somerset County
0.98%
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.