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Potomac Park, Maryland property tax

Median property tax, home value and effective rate (Census 2020–2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
1.00%

Homeowners in Potomac Park, Maryland paid a median $1,396 a year in property tax on a median home worth $139,400, an effective rate of about 1.00% (Census 2020–2024).

Census ACS 2020–2024 5-year medians · Census-designated place

#195 lowest of 370Maryland places we cover

1.06%Allegany County overall
Median tax paid
$1,396
per year, 2020–24
Median home value
$139,400
owner-occupied
Effective rate
1.00%
tax ÷ value
Tax vs. income
2.6%
of $53,221 median household income
Owner costs
$1,139/mo
median with a mortgage, incl. tax & insurance

Potomac Park vs county, state and US

Effective rate

Potomac Park1.00%
Allegany County1.06%
Maryland0.97%
United States0.94%

Median tax paid per year

Potomac Park$1,396
Allegany County$1,636
Maryland$4,093
United States$3,119

Tax on a home in Potomac Park

At the local 1.00% effective rate

Home valueEstimated yearly taxPer month
$150,000$1,502$125
$250,000$2,504$209
$350,000$3,505$292
$500,000$5,007$417

Buying a home in Allegany County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ 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.

Major Cities & Counties in Maryland

Largest by population (Census ACS 2020–2024). Property tax for each:

Frequently asked questions

What is the property tax rate in Potomac Park, Maryland?

Homeowners in Potomac Park, Maryland paid a median $1,396 a year in property tax on a median home worth $139,400, an effective rate of about 1.00% (Census 2020–2024).

How much is property tax on a $250,000 home in Potomac Park?

About $2,504 a year at the 1.00% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Potomac Park higher than the rest of Maryland?

Potomac Park ranks #195 lowest of 370 Maryland places we track. The statewide effective rate is 0.97%. Allegany County overall is 1.06%.

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