21766 Property Tax Rate

Property owners in ZIP code 21766 (Little Orleans, Maryland) pay a median of $1,625/year in property taxes on homes valued at $192,400. This translates to an effective tax rate of 0.84%, which is 12% below the Maryland state average of 0.96%.

The monthly property tax burden for a median-valued home in 21766 is approximately $135, which factors into escrow payments on mortgages. This ZIP code is located within Allegany County. This is $2,349 less than the Maryland average of $3,974/year.

Compared to similar ZIP codes in Maryland, 21766 has higher property taxes. ZIP codes with similar effective rates include 21782 (0.84%) and 21037 (0.84%).

In Little Orleans, property taxes represent approximately 3.0% of the median household income of $54,821, 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 Allegany County's tax office. The credit applies automatically to qualifying primary residences but requires proper registration; contact the Allegany 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).