Homeowners in Ocean City, Maryland paid a median $3,997 a year in property tax on a median home worth $429,000, an effective rate of about 0.93% (Census 2020โ2024).
0.73%Worcester County overall
Ocean City vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in Ocean City
At the local 0.93% effective rate
| Home value | Estimated yearly tax | Per month |
|---|---|---|
| $150,000 | $1,398 | $116 |
| $250,000 | $2,329 | $194 |
| $350,000 | $3,261 | $272 |
| $500,000 | $4,659 | $388 |
Buying a home in Worcester County? 2026 loan limits
Nearby and related
- Worcester County property taxcounty overview
- Maryland property tax by countyranked
- Ocean Pines, MD0.68% effective
- West Ocean City, MD0.64% effective
- Pocomoke City, MD1.21% effective
- Snow Hill, MD1.08% effective
- Cost of living in Marylandprices & rents
Source: U.S. Census Bureau, American Community Survey 2020โ2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.
Frequently asked questions
What is the property tax rate in Ocean City, Maryland?
Homeowners in Ocean City, Maryland paid a median $3,997 a year in property tax on a median home worth $429,000, an effective rate of about 0.93% (Census 2020โ2024).
How much is property tax on a $250,000 home in Ocean City?
About $2,329 a year at the 0.93% median effective rate. Exemptions such as homestead can lower it.
Is property tax in Ocean City higher than the rest of Maryland?
Ocean City ranks #159 lowest of 370 Maryland places we track. The statewide effective rate is 0.97%. Worcester County overall is 0.73%.