Westover, Somerset County, Maryland Property Taxes

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

Median Westover, MD effective property tax rate: 1.06%, slightly higher than the national median of 1.02%, but equal to the Maryland state median of 1.06%. Median Westover, MD home value: $115,000. Median annual Westover, MD tax bill: $1,213, $1,187 lower than the national median property tax bill of $2,400. How are property taxes in Somerset calculated? Property taxes in Westover, MD 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 Westover’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Westover, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Westover, Somerset County, Maryland Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.06%

Estimate Property Tax Bill

$1,219

$1,131

Ownwell’s Westover Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Westover with just two data points. By entering your property's estimated assessed value, our calculator applies Westover’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 Westover, Somerset County, Maryland

Local government entities in Maryland set tax rates, which can vary widely within the 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. In Westover, located in Somerset County, the effective property tax rate is comparable to other cities in Maryland and aligns closely with the state's median property tax rate of 1.06%. This rate is slightly higher than the national median property tax rate of 1.02%. Homeowners in Westover should be aware of these rates as they plan their finances and consider the potential benefits of appealing their property taxes. Understanding how these rates compare to the national average can help property owners make informed decisions about managing their tax liabilities.

Property Tax Rates Across Westover, Somerset County, Maryland

Source: Ownwell

0.85%

0.98%

1.11%

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 Westover Tax Rate

1.06%

Median Effective Somerset County Tax Rate

1.08%

Median Effective Maryland Tax Rate

1.06%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Westover, Somerset County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
21871	1.03%	1.04%	1.06%	1.08%	1.10%

Source: Ownwell

Property Tax Assessment Values Across Westover, Somerset County, Maryland

When examining property taxes in Westover, MD, 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 Westover. For example, the median home price in Westover is $115,000, with tax bills ranging significantly across the county. Zip code 21871 has the highest median home price at $115,000.

Property Tax Assessment Values Across Westover, Somerset County, Maryland

Source: Ownwell

$50,050

$95,175

$140,300

Median Westover Market Value

$115,000

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 Westover, Somerset County, Maryland

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
21871	$44,480	$69,400	$115,000	$187,800	$296,800

Source: Ownwell

Property Tax Bills Across Westover, Somerset County, Maryland

In Westover, Maryland, property tax bills are determined based on the assessed value of a home, which is calculated as a percentage of the market value. The tax rate applied in Somerset County influences the final bill. Homeowners in Westover experience a median property tax bill of $1,213, which is below the national median of $2,400. This can be seen in the 25th percentile tax bill at $748 and the 75th percentile at $1,991, highlighting the range homeowners might encounter. Factors such as changes in market value and local tax rates can affect the assessed value, subsequently impacting the tax bill. For homeowners, this means keeping an eye on property assessments and understanding potential exemptions is crucial. Ownwell offers services to assist homeowners in Westover by appealing assessments and identifying possible exemptions, potentially lowering their property tax bills. By leveraging expert knowledge, Ownwell can help ensure that homeowners are not overpaying, thus providing peace of mind and financial savings.

Property Tax Bills Across Westover, Somerset County, Maryland

Source: Ownwell

$564

$1,021

$1,477

Median Westover Tax Bill

$1,213

Median Somerset County Tax Bill

$1,158

Median Maryland Tax Bill

$3,419

Median United States Tax Bill

$2,400

Property Tax Bills Across Westover, Somerset County, Maryland

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
21871	$484	$748	$1,213	$1,991	$3,161

Source: Ownwell