New Baltimore, Somerset County, Pennsylvania Property Taxes
Median New Baltimore, PA effective property tax rate: 2.44%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median New Baltimore, PA home value: $28,100
Median annual New Baltimore, PA tax bill: $686, $1,714 lower than the national median property tax bill of $2,400.
How are property taxes in Somerset calculated?
Property taxes in New Baltimore, 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 New Baltimore’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Baltimore, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Baltimore, Somerset County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.72%
Estimate Property Tax Bill
$747
$693
Ownwell’s New Baltimore Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New Baltimore with just two data points.
By entering your property's estimated assessed value, our calculator applies New Baltimore’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 New Baltimore, Somerset County, Pennsylvania
Local government entities in Pennsylvania set property tax rates, which can vary widely within the state. Each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws are involved in setting these rates and budgets, this is essentially the annual process.
In New Baltimore, Somerset County, the effective property tax rate stands at 2.44%, which is notably higher than the national median of 1.02%. This rate is reflective of Somerset County's approach to funding local services. When comparing New Baltimore's property tax rate to the rest of Pennsylvania and the national average, it's clear that property owners in this area experience a higher tax burden. Understanding these rates is crucial for homeowners looking to manage their expenses effectively. By appealing property tax assessments or exploring available exemptions, residents can potentially reduce their tax liabilities.
Property Tax Rates Across New Baltimore, 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 New Baltimore Tax Rate
2.72%
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 New Baltimore, Somerset County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15553 | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% |
Source: Ownwell
Property Tax Assessment Values Across New Baltimore, Somerset County, Pennsylvania
When examining property taxes in New Baltimore, 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 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 New Baltimore.
For example, the median home price in New Baltimore is $28,100, with tax bills ranging significantly across the county. Zip code 15553 has the highest median home price at $28,100.
Property Tax Assessment Values Across New Baltimore, Somerset County, Pennsylvania
Source: Ownwell
$27,300
$80,700
$134,100
Median New Baltimore Market Value
$27,450
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 New Baltimore, Somerset County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15553 | $9,847 | $19,598 | $27,450 | $35,185 | $50,160 |
Source: Ownwell
Property Tax Bills Across New Baltimore, Somerset County, Pennsylvania
Property Tax Bills Across New Baltimore, Somerset County, Pennsylvania
Source: Ownwell
$666
$2,137
$3,607
Median New Baltimore Tax Bill
$747
Median Somerset County Tax Bill
$1,441
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across New Baltimore, Somerset County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15553 | $269 | $534 | $747 | $958 | $1,366 |
Source: Ownwell