How much are property taxes in Potomac, MD?
Homeowners in Potomac, MD pay a median of $10,000 or more a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $9,913.
Homes without a mortgage pay a median of $10,000 or more.
Figures last updated on .
- Median real estate taxes
- $10,000 or more
- With a mortgage
- $9,913
- Without a mortgage
- $10,000 or more
Real estate taxes in Potomac against Montgomery County, its state and the nation
| Potomac | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Median real estate taxes | $10,000 or more | $5,539 (±$62) | $4,093 (±$21) | $3,119 |
| Homes with a mortgage | $9,913 (±$289) | $5,457 (±$83) | $4,195 (±$26) | $3,489 |
| Homes without a mortgage | $10,000 or more | $5,725 (±$107) | $3,856 (±$29) | $2,576 |
| Median home value | $1,157,000 (±$21,405) | $640,300 (±$5,098) | $419,900 (±$1,385) | $332,700 |
How property taxes in Potomac have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $893,800 (±$10,727) | $1,157,000 (±$21,405) | +29.4% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Potomac
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Potomac | — | $10,000 or more | — |
| Cabin John | 3.2 mi | $10,000 or more | — |
| Glen Echo | 4.2 mi | $10,000 or more | — |
| North Bethesda | 4.3 mi | $6,452 (±$289) | — |
| Bethesda | 4.4 mi | $10,000 or more | — |
| Travilah | 4.4 mi | $10,000 or more | — |
| McLean | 4.8 mi | $10,000 or more | — |
| Rockville | 5.3 mi | $6,719 (±$276) | — |
| Brookmont | 5.4 mi | $10,000 or more | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Montgomery County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 (tie) | Chevy Chase Section Three | $10,000 or more |
| 1 (tie) | Chevy Chase View | $10,000 or more |
| 1 (tie) | Chevy Chase Village | $10,000 or more |
| 1 (tie) | Glen Echo | $10,000 or more |
| 1 (tie) | Martin's Additions | $10,000 or more |
| 1 (tie) | North Chevy Chase | $10,000 or more |
| 1 (tie) | Potomac | $10,000 or more |
| 1 (tie) | Somerset | $10,000 or more |
| 1 (tie) | Travilah | $10,000 or more |
| 16 | Garrett Park | $9,803 (±$499) |
| 17 | Laytonsville | $8,954 (±$1,024) |
| 18 | Kensington | $8,808 (±$571) |
| 19 | Takoma Park | $8,656 (±$356) |
Showing 13 of 59 places in Montgomery County, ranked from highest to lowest.
Potomac is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Potomac
How much are property taxes in Potomac?
The median real estate tax paid by homeowners in Potomac, MD is $10,000 or more a year (2020–2024 American Community Survey).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Potomac CDP, Maryland
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Potomac CDP, Maryland
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Potomac CDP, Maryland
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Potomac CDP, Maryland
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Potomac CDP, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Potomac CDP, Maryland (place:63300, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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