Tax Rates

Talbot County Tax Rates Fiscal Year 2023 (July 1, 2022 - June 30, 2023)

 

Real Property Tax Rates (per $100 of assessed value)
           
  County Tax Rate State Tax Rate Municipal Tax Rate    
Unincorporated $0.6820 $0.1120 N/A    
Easton $0.5490 $0.1120 $0.520    
Oxford $0.5640 $0.1120 $0.3187    
Queen Anne $0.6219 $0.1120 $0.180    
St. Michaels $0.5550 $0.1120 $0.490    
Trappe $0.5840 $0.1120 $0.330    
           

All County tax rates include an Education Supplement of $0.01.

A service charge based on a rate not to exceed 0.063 percent will be applied to the unpaid balance of Real Property Taxes due in December on the properties with the semi-annual payment option.

       
           
Railroad & Public Utilities Rates (per $100 of assessed value)
           
  County Tax Rate State Tax Rate      
Unincorporated $1.7050 $0.28      
Easton $1.3725 $0.28      
Oxford $1.4100 $0.28      
Queen Anne $1.5548 $0.28      
St. Michaels $1.3888 $0.28      
Trappe $1.4600 $0.28      
           
Talbot County Income Tax Rate
           
Local Income Tax revenue for FY 2022 is based on a rate of 2.40 percent of the Maryland Taxable Income.
           
Talbot County Recordation Tax Rate
           
Recordation tax revenue for FY 2022 is based on a rate of $6.00 per $500 of the value of the recorded transaction.
           
Talbot County Transfer Tax Rate
           
Transfer Tax revenue for FY 2022 is based on a rate of 1.0 percent of the actual consideration paid for the conveyance of title, except that the first fifty thousand dollars ($50,000) of consideration payable on the conveyance of owner-occupied residential property intended to be used by the buyer as an owner-occupied residence shall be exempt from this tax.
 
 
           
Mobile/Manufactured Home Rental Community Tax Rate
           
Mobile/manufactured Home Rental Community Tax revenue for FY 2022 is based on a rate of $50 per mobile/manufactured home per quarter.
           
           
Public Accommodations Tax Rate
           
Public Accommodations Tax revenue for FY 2022 is based on a rate of 4.0 percent of the value of the rental of rooms for sleeping accommodations provided to transients.
       
           
Admissions and Amusement Tax Rate
           
Admissions and Amusement Tax revenue for FY 2022 is based on a rate of 5.0 percent of the value of the admissions.

Page last modified Friday, June 24, 2022 12:28:22 PM