Somerset County, Maryland Property Taxes
Census Bureau ACS property tax data for Maryland. Population: 5,710.
The median annual property tax in Somerset County is $1,603, which is 52% lower than the Maryland state average and 17% below the national average. The effective tax rate is 0.98% on a median home value of $164,300. Property taxes represent 3.1% of the median household income in this county.
Median Annual Tax
$1,603
-52% vs State
-17% vs US
Median Home Value
$164,300
-53% vs State
-22% vs US
Effective Tax Rate
0.98%
+2% vs State
+3% vs US
With vs Without Mortgage
With Mortgage
$1,836
$153/mo
Without Mortgage
$1,294
$108/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,603 -2.7% | 0.98% |
| 2022 | $1,648 +3.6% | 1.05% |
| 2021 | $1,590 +5.0% | 1.11% |
| 2020 | $1,514 -2.8% | 1.15% |
| 2019 | $1,557 | 1.12% |
Tax Burden
Tax-to-Income Ratio
3.1%
of median household income
Median Income
$52,462
per year
Monthly Tax
$134
per month
Other Counties in Maryland
Howard County
Tax: $6,814/yr Rate: 1.18%
Baltimore city
Tax: $3,236/yr Rate: 1.48%
St. Mary's County
Tax: $3,392/yr Rate: 0.87%
Charles County
Tax: $4,179/yr Rate: 1.04%
Harford County
Tax: $3,424/yr Rate: 0.93%
Carroll County
Tax: $3,837/yr Rate: 0.94%
Frequently Asked Questions
What is the average property tax in Somerset County, Maryland? ▼
The median annual property tax in Somerset County is $1,603 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.98% on a median home value of $164,300.
How does Somerset County property tax compare to the national average? ▼
Property taxes in Somerset County are 17% below the national average of $1,923. The effective rate of 0.98% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Somerset County? ▼
In Somerset County, homeowners with a mortgage pay a median of $1,836 in annual property taxes, while homeowners without a mortgage pay $1,294. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Somerset County? ▼
Property taxes in Somerset County represent approximately 3.1% of the median household income of $52,462. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.