In Prince George's County, Maryland the effective property tax rate is 1.15%. The median homeowner pays $4,662 a year in real estate taxes on a home with a median value of $404,300. That rate is the 3rd highest of the 24 Maryland counties with published data, and the 871st highest of 3,132 counties in the United States.
Property tax in Prince George's County
The effective rate is the median real estate tax paid divided by the median home value. The Maryland statewide average is 1.00%, so Prince George's County is above it. Applying this county's rate to other home prices gives a rough idea of the yearly bill; actual bills depend on the school district, exemptions and the assessed value.
| Home value | Estimated tax per year | Per month |
|---|---|---|
| $200,000 | $2,300 | $192 |
| $300,000 | $3,450 | $288 |
| $400,000 | $4,600 | $383 |
| $404,300 (county median) | $4,660 | $389 |
| $500,000 | $5,750 | $479 |
Home values and incomes
The median home value is $404,300 (8th highest in Maryland, 217th highest nationally) and the median household income is $100,708. Homes cost about 4.0 times a typical household's yearly income. Median gross rent is $1,761 a month. 62.3% of occupied homes are owner-occupied. Homeowners with a mortgage pay a median of $1,346 a year for insurance. For comparison, the Maryland statewide median home value is $424,890.
Counties near Prince George's County in the Maryland property tax ranking
| County | Effective rate | Median home value |
|---|---|---|
| Baltimore city | 1.48% | $219,300 |
| Howard County | 1.18% | $576,700 |
| Prince George's County | 1.15% | $404,300 |
| Baltimore County | 1.10% | $330,000 |
| Allegany County | 1.08% | $149,200 |
| Charles County | 1.04% | $402,300 |
| Frederick County | 1.02% | $437,700 |
Frequently asked questions
What is the property tax rate in Prince George's County, Maryland?
The effective property tax rate is 1.15% of home value per year, the 3rd highest of 24 counties in Maryland (Census ACS 2023 5-year estimates).
How much is property tax on a $300,000 home in Prince George's County?
At the county's effective rate of 1.15%, about $3,450 a year (roughly $288 a month). Your actual bill depends on the assessed value, your school district and exemptions.
What is the median home value in Prince George's County?
The median home value is $404,300 (Census ACS 2023 5-year estimates, owner-occupied homes).
What is the median household income in Prince George's County?
The median household income is $100,708 (Census ACS 2023 5-year estimates).