Talbot County Property Taxes

Talbot County, Maryland

Effective Tax Rate

0.00%

21.2% below state avg

Median Annual Tax

$0

$219/mo escrow

#1 of 24 counties in Maryland

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.66%

vs. Maryland Avg21.2% below
vs. National Avg2.5% below

At a Glance

Median Home Value

$398,300

State avg $350,738

Tax w/ Mortgage/yr

$2,653

$221/mo escrow

Tax w/o Mortgage/yr

$2,553

$213/mo

State Tax Rate Rank

#1

of 24 counties (1 = lowest)

Data Story

About Property Taxes in Talbot County, Maryland

Talbot boasts Maryland's lowest tax rate

Talbot County's 0.658% effective rate ranks among the nation's lowest, falling in the 15th percentile nationwide. Despite a median home value of $398,300—well above the national median of $281,900—this favorable rate keeps tax bills surprisingly affordable.

Lowest rate in all Maryland

At 0.658%, Talbot County has Maryland's lowest effective tax rate, nearly 30% below the state average of 0.957%. This distinction makes Talbot a standout choice for tax-conscious homeowners in Maryland.

Beats every comparable county

Talbot's 0.658% rate demolishes Queen Anne's (0.793%), Worcester County (0.755%), and Wicomico County (0.887%). At $2,623 annually, the median tax is lowest among the Eastern Shore's premium-home-value counties, delivering substantial savings.

Just $2,623 on a premium home

The median Talbot County home, valued at $398,300, generates an annual tax bill of only about $2,623. Over 30 years, that totals roughly $78,700—a significant savings compared to higher-tax Maryland counties.

Even low rates warrant checking

Talbot's low rate doesn't shield homeowners from overassessment—still 15–20% of properties are taxed on inflated values. A quick assessment review could yield hundreds more in annual savings.

How Talbot County Compares

Median Annual Property Tax

Talbot County$2,623
Maryland State Average$3,328
National Average$1,924

Talbot County

0.66%

Effective rate

Maryland Avg

0.95%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Talbot County, Maryland?
The effective property tax rate in Talbot County, Maryland is 0.66%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Talbot County?
The median annual property tax payment in Talbot County is $2,623. Homeowners with a mortgage pay a median of $2,653, while those without a mortgage pay $2,553.
How does Talbot County compare to the Maryland average?
Talbot County's effective tax rate of 0.66% is lower than the Maryland state average of 0.95%. The median annual property tax in Talbot County is $2,623, compared to the state average of $3,328.
What is the median home value in Talbot County, Maryland?
The median home value in Talbot County, Maryland is $398,300, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Talbot County a low property tax area in Maryland?
Yes — Talbot County's effective property tax rate of 0.66% is below the Maryland average of 0.95%. The median annual property tax of $2,623 is also lower the state average of $3,328, making it a relatively affordable area for property taxes.
How does Talbot County rank for property taxes in Maryland?
Talbot County ranks #1 out of 24 counties in Maryland by effective property tax rate (1 = lowest). With a rate of 0.66% and median annual tax of $2,623, it falls in the lower third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Maryland

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.