21562 Property Tax Rate
Westernport, Maryland · Part of Garrett County
Effective Tax Rate
1.06%
69.9% below state avgMedian Annual Tax
$1,195
$100/mo escrow
Estimate Your Tax
Annual Tax
$1,195
Monthly
$100
Eff. Rate
1.06%
How ZIP 21562 Compares
Median Annual Property Tax
ZIP 21562
1.06%
Effective rate
Maryland Avg
0.96%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Maryland
Higher than 70% of ZIP codes in Maryland(70th percentile, 423 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 21562
Property owners in ZIP code 21562 (Westernport, Maryland) pay a median of $1,195/year in property taxes on homes valued at $113,200. This translates to an effective tax rate of 1.06%, which is 10% above the Maryland state average of 0.96%.
The monthly property tax burden for a median-valued home in 21562 is approximately $100, which factors into escrow payments on mortgages. This ZIP code is located within Garrett County. This is $2,779 less than the Maryland average of $3,974/year.
Compared to similar ZIP codes in Maryland, 21562 has higher property taxes. ZIP codes with similar effective rates include 20674 (1.06%) and 21228 (1.06%).
In Westernport, property taxes represent approximately 2.3% of the median household income of $53,056, 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, protecting you from sharp jumps after purchase. Garrett County Assessor's office administers the homestead credit—file your application immediately after closing to lock in your assessment base. Contact the Garrett County Assessor to confirm your property's assessment and verify your homestead eligibility within 30 days of settlement.
Frequently Asked Questions
What is the property tax rate in ZIP code 21562?
How much are property taxes in Westernport, MD (21562)?
How does ZIP 21562 compare to the Maryland average?
What is the median home value in ZIP 21562?
What county is ZIP code 21562 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$218. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 21562 is part of Garrett County, Maryland. View the full county profile for broader context and more data.
View Garrett County on TaxByCounty →Similar ZIP Codes in Maryland
20674
-0.00%Piney Point
1.06%
$4,207/yr
21228
+0.00%Catonsville
1.06%
$4,115/yr
21822
-0.00%Eden
1.05%
$2,320/yr
21787
-0.00%Taneytown
1.05%
$3,634/yr
21093
+0.00%Lutherville Timonium
1.06%
$4,932/yr
21244
+0.00%Windsor Mill
1.06%
$2,869/yr
21405
+0.00%Annapolis
1.06%
$10,001/yr
21078
-0.01%Havre De Grace
1.05%
$3,732/yr
21136
-0.01%Reisterstown
1.05%
$3,977/yr
21529
-0.01%Ellerslie
1.05%
$1,518/yr
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.