Understanding Property Taxes in Montgomery County, Maryland
How Montgomery County Property Taxes Are Calculated
Property taxes in Montgomery County are calculated using the following formula:
(Assessed Value - Exemptions) ร Tax Rate = Annual Property Tax
For example, if your home is assessed at $475,000 and you have no exemptions, your annual property tax would be:
$475,000 ร 1.28% = $6,080
Assessment Process in Montgomery County
In Montgomery County, properties are assessed at 100% of their market value. The assessment is conducted by the county assessor's office.
Montgomery County is affluent suburb of Washington DC. High home values and moderate tax rates.
How to Pay Property Taxes in Montgomery County
Property taxes in Montgomery County are typically paid annually or semi-annually. Payment options include:
- Online payment through the county website
- Mail a check to the county treasurer
- In-person payment at the county office
- Through your mortgage escrow account
How to Appeal Your Assessment in Montgomery County
If you believe your property assessment is too high, you have the right to appeal. The process typically involves:
- Filing an appeal with the county board of review
- Providing evidence of comparable property values
- Attending a hearing (optional but recommended)
Appeals must be filed within 30-60 days of receiving your assessment notice. Check with Montgomery County Assessor's Office for specific deadlines.
Montgomery County Property Tax Information
๐ Key Statistics
| Average Tax Rate | 1.28% |
| Average Home Value | $475,000 |
| Average Annual Tax | $6,080 |
| Assessment Ratio | 100% |
๐ฐ Available Exemptions
- Homestead Exemption ($6,000)
- Senior Exemption
๐ Important Notes
Montgomery County is affluent suburb of Washington DC. High home values and moderate tax rates.
๐ Useful Links
Montgomery County Property Tax Calculator
Estimate your 2026 property taxes in Montgomery County, Maryland