21014 Property Tax Rate

Property owners in ZIP code 21014 (Bel Air, Maryland) pay a median of $3,746/year in property taxes on homes valued at $407,800. This translates to an effective tax rate of 0.92%, which is 5% below the Maryland state average of 0.96%.

The monthly property tax burden for a median-valued home in 21014 is approximately $312, which factors into escrow payments on mortgages. This ZIP code is located within Harford County. This is $228 less than the Maryland average of $3,974/year.

Compared to similar ZIP codes in Maryland, 21014 has higher property taxes. ZIP codes with similar effective rates include 21639 (0.92%) and 20814 (0.92%).

In Bel Air, property taxes represent approximately 3.3% of the median household income of $113,825, providing context for the relative tax burden on homeowners in this area.

Maryland's Homestead Tax Credit caps annual assessment increases at 10% for your primary residence, though your initial purchase-year assessment is unrestricted — file for the credit with Harford County's tax office. The credit applies automatically to qualifying primary residences but requires proper registration; contact the Harford County Assessor to ensure your homestead classification is recorded within 45 days of purchase. Request a copy of your Notice of Assessment and confirm your assessment ratio is correct (owner-occupied property should be assessed on market value).