21654 Property Tax Rate
Oxford, Maryland · Part of Talbot County
Effective Tax Rate
0.50%
1.2% above state avgMedian Annual Tax
$4,020
$335/mo escrow
Estimate Your Tax
Annual Tax
$4,020
Monthly
$335
Eff. Rate
0.50%
How ZIP 21654 Compares
Median Annual Property Tax
ZIP 21654
0.50%
Effective rate
Maryland Avg
0.96%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Maryland
Lower than 98% of ZIP codes in Maryland(2th percentile, 423 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 21654
Property owners in ZIP code 21654 (Oxford, Maryland) pay a median of $4,020/year in property taxes on homes valued at $802,000. This translates to an effective tax rate of 0.50%, which is 48% below the Maryland state average of 0.96%.
The monthly property tax burden for a median-valued home in 21654 is approximately $335, which factors into escrow payments on mortgages. This ZIP code is located within Talbot County.
Compared to similar ZIP codes in Maryland, 21654 has lower property taxes. ZIP codes with similar effective rates include 21056 (0.50%) and 21673 (0.51%).
In Oxford, property taxes represent approximately 4.5% of the median household income of $88,512, providing context for the relative tax burden on homeowners in this area.
Maryland's Homestead Tax Credit limits annual assessment growth to 10% on primary residences, meaning your tax bill won't spike dramatically year-over-year. Apply for homestead status with the Talbot County Assessor's office within 30 days of purchase to activate this protection. The Talbot County Assessor will provide the form and confirm your assessment base value once your application is filed.
Frequently Asked Questions
What is the property tax rate in ZIP code 21654?
How much are property taxes in Oxford, MD (21654)?
How does ZIP 21654 compare to the Maryland average?
What is the median home value in ZIP 21654?
What county is ZIP code 21654 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$998. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 21654 is part of Talbot County, Maryland. View the full county profile for broader context and more data.
View Talbot County on TaxByCounty →Similar ZIP Codes in Maryland
21056
-0.00%Gibson Island
0.50%
$10,001/yr
21673
+0.01%Trappe
0.51%
$1,805/yr
21663
+0.02%Saint Michaels
0.52%
$3,269/yr
21625
-0.02%Cordova
0.48%
$1,712/yr
21813
+0.02%Bishopville
0.52%
$2,949/yr
20839
+0.04%Beallsville
0.54%
$4,895/yr
21607
-0.05%Barclay
0.46%
$1,844/yr
21856
+0.05%Quantico
0.55%
$1,346/yr
21652
+0.06%Neavitt
0.56%
$2,886/yr
21679
-0.06%Wye Mills
0.44%
$2,393/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.