Addison, Somerset County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Addison, Somerset County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median ADDISON, PA effective property tax rate: 2.25%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median ADDISON, PA home value: $47,360
Median annual ADDISON, PA tax bill: $1,067, $1,333 lower than the national median property tax bill of $2,400.

How are property taxes in Somerset calculated?

Property taxes in ADDISON, PA 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 ADDISON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ADDISON, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Addison, Somerset County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.34%

Estimate Property Tax Bill

$1,111

$1,031

Ownwell’s Addison Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Addison with just two data points. By entering your property's estimated assessed value, our calculator applies Addison’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Somerset County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Addison, Somerset County, Pennsylvania

Local government entities determine tax rates, which can vary significantly within a state. This occurs because each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Addison, located in Somerset County, Pennsylvania, property tax rates reflect this process. The effective property tax rate here is 2.25%, which stands out when compared to other cities in Pennsylvania. This rate is significantly higher than the national median property tax rate of 1.02%.

For homeowners in Addison, the property tax burden is notably heavier than in many other parts of the country. Additionally, Addison's rate is the highest within Somerset County, indicating a substantial local tax obligation. Comparing these rates highlights the importance of understanding local property tax structures and their impact on homeowners. This comparison underscores the potential benefits of exploring property tax appeals and exemptions to manage tax liabilities effectively.

Property Tax Rates Across Addison, Somerset County, Pennsylvania

Source: Ownwell

2.05%

2.68%

3.32%

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 Addison Tax Rate

2.34%

Median Effective Somerset County Tax Rate

2.76%

Median Effective Pennsylvania Tax Rate

2.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Addison, Somerset County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
15411	2.34%	2.34%	2.34%	2.34%	2.34%

Source: Ownwell

Property Tax Assessment Values Across Addison, Somerset County, Pennsylvania

When examining property taxes in ADDISON, PA, 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 Somerset 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. In Somerset County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 ADDISON. For example, the median home price in ADDISON is $47,360, with tax bills ranging significantly across the county. 15411 has the highest median home price at $47,360.

Property Tax Assessment Values Across Addison, Somerset County, Pennsylvania

Source: Ownwell

$27,300

$80,700

$134,100

Median Addison Market Value

$47,500

Median Somerset County Market Value

$51,980

Median Pennsylvania Market Value

$118,310

Median United States Market Value

$235,294

Property Tax Assessment Values Across Addison, Somerset County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
15411	$9,022	$25,620	$47,500	$68,370	$103,158

Source: Ownwell

Property Tax Bills Across Addison, Somerset County, Pennsylvania

In Addison, Somerset County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median property tax bill in the area is $1,067, notably lower than the national median of $2,400, making it relatively affordable for homeowners. However, tax bills can range from the 25th percentile at $584 to the 90th percentile at $2,146, reflecting variations in assessed property values and applicable tax rates. Factors influencing these assessments include property size, location, and market conditions. For homeowners, these taxes represent a significant annual expense, impacting overall financial planning and home affordability. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can guide homeowners through the appeal process, ensuring they pay only their fair share. This service can lead to substantial savings, providing homeowners with financial relief and peace of mind.

Property Tax Bills Across Addison, Somerset County, Pennsylvania

Source: Ownwell

$666

$2,137

$3,607

Median Addison Tax Bill

$1,112

Median Somerset County Tax Bill

$1,441

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Addison, Somerset County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
15411	$211	$600	$1,112	$1,600	$2,414

Source: Ownwell