Hidden Valley, Somerset County, Pennsylvania Property Taxes
Median HIDDEN VALLEY, PA effective property tax rate: 3.23%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median HIDDEN VALLEY, PA home value: $113,550
Median annual HIDDEN VALLEY, PA tax bill: $3,670, $1,270 higher than the national median property tax bill of $2,400.
How are property taxes in Somerset calculated?
Property taxes in HIDDEN VALLEY, 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 HIDDEN VALLEY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in HIDDEN VALLEY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hidden Valley, Somerset County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.32%
Estimate Property Tax Bill
$3,607
$3,347
Property Tax Rates Across Hidden Valley, Somerset County, Pennsylvania
Local government entities determine tax rates, which can differ significantly within a state. Each county estimates the budget needed for services annually and divides it by the total value of all taxable properties in its jurisdiction, resulting in the property tax rate. Although votes and laws play roles in setting these rates and budgets, this is the essence of the annual process.
In HIDDEN VALLEY, situated in 42111, PA, the property tax rate is a critical factor for homeowners. The city's effective property tax rate can be compared to other cities within Pennsylvania and the U.S. In Pennsylvania, the median property tax rate stands out significantly when compared to the national median of 1.02%. This comparison highlights the unique landscape of property taxation in the area. Understanding these differences is essential for property owners looking to manage their tax liabilities effectively.
By being informed about the local tax rates, property owners in HIDDEN VALLEY can better navigate their financial responsibilities and potentially seek ways to optimize their property tax outcomes.
Property Tax Rates Across Hidden Valley, 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 Hidden Valley Tax Rate
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 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 Hidden Valley, Somerset County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15502 | 3.32% | 3.32% | 3.32% | 3.32% | 3.32% |
Source: Ownwell
Property Tax Assessment Values Across Hidden Valley, Somerset County, Pennsylvania
When examining property taxes in Hidden Valley, 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 appraisal district 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 April. 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 Hidden Valley. For example, the median home price in Hidden Valley is $113,550, with tax bills ranging significantly across the county. Zip code 15502 has the highest median home price at $113,550.
Property Tax Assessment Values Across Hidden Valley, Somerset County, Pennsylvania
Source: Ownwell
$27,300
$80,700
$134,100
Median Hidden Valley Market Value
$108,650
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 Hidden Valley, Somerset County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15502 | $63,531 | $83,250 | $108,650 | $155,722 | $214,817 |
Source: Ownwell
Property Tax Bills Across Hidden Valley, Somerset County, Pennsylvania
Property Tax Bills Across Hidden Valley, Somerset County, Pennsylvania
Source: Ownwell
$666
$2,137
$3,607
Median Hidden Valley Tax Bill
$3,607
Median Somerset County Tax Bill
$1,441
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Hidden Valley, Somerset County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15502 | $2,109 | $2,758 | $3,607 | $5,151 | $7,131 |
Source: Ownwell