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Fairmount Heights, Prince George's County, Maryland Property Taxes

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Property Taxes in Fairmount Heights, Maryland

  • Median Fairmount Heights, Maryland effective property tax rate: 1.62%, significantly higher than the national median of 1.02%, and higher than the Maryland state median of 1.21%.

  • Median Fairmount Heights, Maryland home value: $314,400

  • Median annual Fairmount Heights, Maryland tax bill: $4,687, higher than the national median property tax bill of $2,400.

How are property taxes in Prince George's calculated?

Property taxes in Fairmount Heights, Maryland are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Fairmount Heights's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairmount Heights, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Fairmount Heights, Prince George's County, Maryland Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.62%

Estimate Property Tax Bill

$5,093

$4,726

How Does the Fairmount Heights Property Tax Calculator Work?

Use this Fairmount Heights property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fairmount Heights' median effective tax rate of 1.62% — based on actual property records in Prince George's County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fairmount Heights' median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Fairmount Heights: rates range from 1.62% in 20743 to 1.62% in 20743, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fairmount Heights.

About Fairmount Heights Property Taxes

About Property Taxes in Fairmount Heights, Prince George's, Maryland

Fairmount Heights's median effective property tax rate of 1.62% is higher than the Maryland state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Prince George's County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.

Property tax rates are not uniform across Fairmount Heights. Homeowners in the 20743 ZIP code carry a median effective rate of 1.62%, while those in the same ZIP code also pay 1.62%. This reflects how school district boundaries and local assessment districts are drawn across Prince George's County. Understanding which part of Fairmount Heights you live in can make a meaningful difference to your annual tax bill.

Fairmount Heights homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the February 13, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Fairmount Heights, Prince George's County, Maryland

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Fairmount Heights's effective property tax rate to other cities in Maryland and the median property tax rates in Maryland and the U.S.

Property Tax Rates Across Fairmount Heights, Prince George's County, Maryland

Source: Ownwell

1.28%

1.62%

1.97%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fairmount Heights Tax Rate

1.62%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Prince George's County Tax Rate

1.44%

Median Effective Maryland Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fairmount Heights, Prince George's County, Maryland

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
207431.17%1.37%1.62%1.71%1.91%

Source: Ownwell

Property Tax Assessment Values Across Fairmount Heights, Prince George's County, Maryland

When examining property taxes in Fairmount Heights, Maryland, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Prince George's County assessment office estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Prince George's County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fairmount Heights.

For example, the median home price in Fairmount Heights is $314,400, with tax bills ranging significantly across the county. 20743 has the highest median home price at $314,400.

Property Tax Assessment Values Across Fairmount Heights, Prince George's County, Maryland

Source: Ownwell

$225,100

$461,800

$698,500

Median Fairmount Heights Market Value

$314,400

Median Prince George's County Market Value

$355,500

Median Maryland Market Value

$338,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fairmount Heights, Prince George's County, Maryland

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
20743$90,280$252,200$314,400$368,500$433,880

Source: Ownwell

Property Tax Bills Across Fairmount Heights, Prince George's County, Maryland

Fairmount Heights property tax bills are calculated by applying the local tax rate to a home’s assessed market value, which is the value used by the county for taxation. The assessed value is influenced by factors such as the home’s location, size, condition, and recent market activity in Prince George’s County. When market values rise, tax bills can increase even if a homeowner has not made any changes to the property.

The median home price in Fairmount Heights is $314,400, and the median property tax bill is $4,687, which is higher than the national median property tax bill of $2,400. That means many homeowners in the city face a larger annual tax burden than the typical U.S. homeowner. Bills can vary widely, with the 25th percentile at $3,648 and the 75th percentile at $5,782, showing how differences in assessed value affect what homeowners pay.

Property Tax Bills Across Fairmount Heights, Prince George's County, Maryland

Source: Ownwell

$3,473

$6,429

$9,385

Median Fairmount Heights Tax Bill

$4,687

Median Prince George's County Tax Bill

$4,985

Median Maryland Tax Bill

$4,092

Median United States Tax Bill

$2,400

Property Tax Bills Across Fairmount Heights, Prince George's County, Maryland

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
20743$1,191$3,648$4,687$5,782$6,774

Source: Ownwell

Don't miss the deadline to appeal!

Frequently Asked Property Tax Questions in Fairmount Heights, Maryland

How are property taxes calculated in Fairmount Heights, Maryland?
Property taxes in Fairmount Heights, Maryland are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.
How do I appeal my property taxes in Fairmount Heights, Maryland?
To appeal your property taxes in Fairmount Heights, Maryland, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.
What property tax exemptions are available in Fairmount Heights, Maryland?
Common property tax exemptions in Fairmount Heights, Maryland include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.
When are property taxes due in Fairmount Heights, Maryland?
Property tax deadlines in Fairmount Heights, Maryland vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.
How can Ownwell help reduce my property taxes in Fairmount Heights, Maryland?
Ownwell provides professional property tax appeal services in Fairmount Heights, Maryland. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.