21722 Property Tax Rate

Property owners in ZIP code 21722 (Clear Spring, Maryland) pay a median of $2,347/year in property taxes on homes valued at $298,400. This translates to an effective tax rate of 0.79%, which is 18% below the Maryland state average of 0.96%.

The monthly property tax burden for a median-valued home in 21722 is approximately $196, which factors into escrow payments on mortgages. This ZIP code is located within Washington County. This is $1,627 less than the Maryland average of $3,974/year.

Compared to similar ZIP codes in Maryland, 21722 has higher property taxes. ZIP codes with similar effective rates include 20609 (0.79%) and 21555 (0.79%).

In Clear Spring, property taxes represent approximately 2.7% of the median household income of $86,341, providing context for the relative tax burden on homeowners in this area.

Maryland's Homestead Tax Credit limits annual assessment increases to 10% on primary residences, providing crucial relief in Washington County where effective rates reach 1.18%. Apply for homestead status with the Washington County Assessor within 30 days of purchase to ensure the cap applies from your first reassessment cycle. The Washington County Assessor will mail your Notice of Assessment—verify the appraised value and file a revision request if necessary.