Somerset County, Maryland Property Taxes
Median Somerset County effective property tax rate: 1.08%, slightly higher than the national median of 1.02%.
Median Somerset County home value: $114,600
Median annual Somerset County tax bill: $1,158, $1,242 lower than the national median property tax bill of $2,400.
How are property taxes in Somerset County calculated?
Property taxes in Somerset County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Princess Anne or another part of Somerset County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Somerset County, Maryland Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.08%
Estimate Property Tax Bill
$1,238
$1,149
Property Tax Rates Across Somerset County, Maryland
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Somerset County's effective property tax rate to other counties in Maryland or the U.S. median property tax rate. Somerset County has a median property tax rate of 1.08%, which is slightly above the national median rate of 1.02%. Within the county, Deal Island carries the highest median tax rate at 1.11%, whereas Ewell has the lowest at 0.85%. These variations highlight the importance of understanding local property tax dynamics. By appealing your property tax assessment, you can potentially reduce your tax burden, especially if you reside in an area with rates higher than the national average. Understanding these nuances can lead to significant savings and ensure you're not overpaying on your property taxes.
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
1.08%
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 Maryland Tax Rate
1.06%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Somerset County, Maryland
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Crisfield | 0.79% | 0.83% | 0.86% | 0.90% | 0.92% |
| Deal Island | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% |
| Eden | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% |
| Ewell | 0.79% | 0.82% | 0.85% | 0.89% | 0.93% |
| Marion Station | 0.81% | 0.87% | 1.03% | 1.06% | 1.08% |
| Pocomoke City | 1.04% | 1.06% | 1.08% | 1.09% | 1.10% |
| Princess Anne | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% |
| Tylerton | 0.81% | 0.83% | 0.85% | 0.89% | 0.94% |
| Upper Fairmount | 1.05% | 1.06% | 1.09% | 1.11% | 1.11% |
| Westover | 1.03% | 1.04% | 1.06% | 1.08% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Somerset County, Maryland
When examining property taxes in Somerset County, 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 Department of Assessments and Taxation 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:
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 Somerset County.
For example, the median tax bill in Somerset County is $1,477, with tax bills ranging significantly across the county. Pocomoke City has the highest median home price at $140,300.
Property Tax Assessment Values Across Somerset County, Maryland
Source: Ownwell
$50,050
$95,175
$140,300
Median Somerset County Market Value
$114,600
Median Maryland Market Value
$317,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Somerset County, Maryland
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Crisfield | $54,900 | $80,800 | $122,750 | $207,200 | $286,120 |
| Deal Island | $32,400 | $54,950 | $102,650 | $208,600 | $317,450 |
| Eden | $44,110 | $70,200 | $93,250 | $149,950 | $215,490 |
| Ewell | $44,400 | $60,900 | $84,600 | $109,950 | $136,400 |
| Marion Station | $47,200 | $75,950 | $129,400 | $208,100 | $319,900 |
| Pocomoke City | $57,400 | $98,150 | $140,300 | $207,900 | $343,100 |
| Princess Anne | $44,510 | $69,675 | $109,900 | $160,125 | $240,630 |
| Tylerton | $57,040 | $69,250 | $87,100 | $106,300 | $140,760 |
| Upper Fairmount | $38,100 | $44,175 | $50,050 | $77,175 | $112,690 |
| Westover | $44,480 | $69,400 | $115,000 | $187,800 | $296,800 |
Source: Ownwell
Property Tax Bills Across Somerset County, Maryland
Median Somerset County Tax Bill
$1,158
Median Maryland Tax Bill
$3,419
Median United States Tax Bill
$2,400
Property Tax Bills Across Somerset County, Maryland
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Crisfield | $480 | $695 | $1,057 | $1,748 | $2,511 |
| Deal Island | $365 | $613 | $1,156 | $2,327 | $3,556 |
| Eden | $490 | $774 | $1,037 | $1,665 | $2,390 |
| Ewell | $382 | $504 | $711 | $962 | $1,232 |
| Marion Station | $475 | $744 | $1,243 | $1,999 | $3,087 |
| Pocomoke City | $635 | $1,052 | $1,477 | $2,205 | $3,551 |
| Princess Anne | $500 | $775 | $1,218 | $1,774 | $2,675 |
| Tylerton | $468 | $569 | $761 | $966 | $1,311 |
| Upper Fairmount | $418 | $471 | $564 | $908 | $1,190 |
| Westover | $484 | $748 | $1,213 | $1,991 | $3,161 |
Source: Ownwell