Stoystown, Somerset County, Pennsylvania Property Taxes

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

Median Stoystown, PA effective property tax rate: 2.79%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Stoystown, PA home value: $51,400
Median annual Stoystown, PA tax bill: $1,420, $980 lower than the national median property tax bill of $2,400.

How are property taxes in Somerset calculated?

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

Last Updated March 1, 2025

Stoystown, Somerset County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.93%

Estimate Property Tax Bill

$1,506

$1,398

Ownwell’s Stoystown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Stoystown with just two data points. By entering your property's estimated assessed value, our calculator applies Stoystown’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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Stoystown, Somerset County, Pennsylvania

Local government entities are responsible for setting property tax rates, which can differ significantly within a state. This variation is due to each county's annual budgetary needs. Counties calculate their required budget to provide essential services and divide this by the total assessed value of all taxable property within their jurisdiction. This process determines the property tax rate. While votes and legislation play a role in shaping these rates and budgets, this is the fundamental process followed each year.

In Stoystown, Somerset County, Pennsylvania, the effective property tax rate presents a unique perspective compared to other cities in the state and nationally. While the national median property tax rate stands at 1.02%, Stoystown’s rate is significantly higher, reflecting its local budgetary demands and property values. This comparison highlights the importance of understanding local property tax dynamics, as they can greatly influence your financial planning. Whether you're a homeowner or prospective buyer, being informed about these rates is crucial for making sound financial decisions.

Property Tax Rates Across Stoystown, 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 Stoystown Tax Rate

2.93%

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 Stoystown, Somerset County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
15563	2.76%	2.83%	2.93%	3.08%	3.21%

Source: Ownwell

Property Tax Assessment Values Across Stoystown, Somerset County, Pennsylvania

When examining property taxes in Stoystown, 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. Assessment notices: 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 Stoystown. For example, the median home price in Stoystown is $51,400, with tax bills ranging significantly across the county. Zip code 15563 has the highest median home price at $51,400.

Property Tax Assessment Values Across Stoystown, Somerset County, Pennsylvania

Source: Ownwell

$27,300

$80,700

$134,100

Median Stoystown Market Value

$51,400

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 Stoystown, Somerset County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
15563	$20,554	$33,838	$51,400	$86,862	$134,878

Source: Ownwell

Property Tax Bills Across Stoystown, Somerset County, Pennsylvania

In Stoystown, Somerset County, PA, property tax bills are determined based on the assessed value of a home, which may differ from its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. For homeowners in Stoystown, the median property tax bill is notably higher than the national median, with the 25th percentile tax bill at $943 and the 75th percentile reaching $2,422. This can significantly impact homeowners, especially when compared to the national median property tax bill of $2,400. Factors influencing property tax bills include changes in assessed property values and local government budget requirements. Homeowners can face financial strain if their tax bills increase unexpectedly. Ownwell offers valuable assistance by providing property tax appeal and exemption services, 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 and potentially saving them hundreds of dollars annually.

Property Tax Bills Across Stoystown, Somerset County, Pennsylvania

Source: Ownwell

$666

$2,137

$3,607

Median Stoystown Tax Bill

$1,486

Median Somerset County Tax Bill

$1,441

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Stoystown, Somerset County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
15563	$608	$980	$1,486	$2,534	$4,077

Source: Ownwell