21838 Property Tax Rate

Property owners in ZIP code 21838 (Marion Station, Maryland) pay a median of $1,581/year in property taxes on homes valued at $179,200. This translates to an effective tax rate of 0.88%, which is 8% below the Maryland state average of 0.96%.

The monthly property tax burden for a median-valued home in 21838 is approximately $132, which factors into escrow payments on mortgages. This ZIP code is located within Somerset County. This is $2,393 less than the Maryland average of $3,974/year.

Compared to similar ZIP codes in Maryland, 21838 has higher property taxes. ZIP codes with similar effective rates include 21087 (0.88%) and 21085 (0.88%).

In Marion Station, property taxes represent approximately 1.8% of the median household income of $85,577, providing context for the relative tax burden on homeowners in this area.

Maryland's Homestead Tax Credit caps annual assessment increases at 10% for primary residences, critical protection in Somerset County where median home values are lower but effective rates exceed 1%. Apply for homestead status with the Somerset County Assessor within 30 days of closing to lock in your assessment and activate the growth cap. The Somerset County Assessor will process your application and mail your assessment notice—file a revision if the appraised value exceeds your purchase price.