Property Taxes in Fairhope, Pennsylvania
Median Fairhope, Pennsylvania effective property tax rate: 2.53%, significantly lower than the national median of 1.02%, and lower than the Pennsylvania state median of 2.75%.
Median Fairhope, Pennsylvania home value: $39,665
Median annual Fairhope, Pennsylvania tax bill: $1,034, lower than the national median property tax bill of $2,400.
How are property taxes in Somerset calculated?
Property taxes in Fairhope, Pennsylvania 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 Fairhope's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairhope, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Fairhope Property Tax Calculator Work?
Use this Fairhope property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fairhope's median effective tax rate of 2.53% — based on actual property records in Somerset County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fairhope's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Fairhope: rates range from 2.53% in 15538 to 2.53% in 15538, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fairhope.
About Fairhope Property Taxes
About Property Taxes in Fairhope, Somerset, Pennsylvania
Fairhope's median effective property tax rate of 2.53% is lower than the Pennsylvania state median of 2.75% and higher than the national median of 1.02%. This rate reflects the Somerset County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Fairhope. Homeowners in the 15538 ZIP code carry a median effective rate of 2.53%, while those in the same ZIP pay 2.53%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Somerset County. Understanding which part of Fairhope you live in can make a meaningful difference to your annual tax bill.
Fairhope homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Fairhope, Somerset County, Pennsylvania
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Fairhope's effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
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 Fairhope Tax Rate
2.53%
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
1.27%
Property Tax Rates Across Fairhope, Somerset County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15538 | 2.50% | 2.50% | 2.53% | 2.70% | 2.70% |
Source: Ownwell
Property Tax Assessment Values Across Fairhope, Somerset County, Pennsylvania
When examining property taxes in Fairhope, Pennsylvania, 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 assessment office 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 are sent in the spring each year and typically reach your mailbox by the middle of the month. Each property owner receives a notice that contains both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Fairhope is $39,665, with a median property tax bill of $1,034. That is below the national median property tax bill of $2,400, even though the national median property tax rate is 1.02%.
Property Tax Assessment Values Across Fairhope, Somerset County, Pennsylvania
Source: Ownwell
$27,300
$80,700
$134,100
Median Fairhope Market Value
$39,665
Median Somerset County Market Value
$51,980
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$274,101
Property Tax Assessment Values Across Fairhope, Somerset County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15538 | $11,581 | $22,450 | $39,665 | $71,588 | $96,380 |
Source: Ownwell
Property Tax Bills Across Fairhope, Somerset County, Pennsylvania
Property tax bills in Fairhope are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is shaped by factors such as location, home characteristics, and local taxing authorities in Somerset County. With a median home price of $39,665, many homeowners see bills that reflect how their property compares to others in the area.
The tax bill can vary widely from one homeowner to another. In Fairhope, the 25th percentile tax bill is $581, while the 75th percentile is $1,865 and the 90th percentile reaches $2,594. The median tax bill in the highest and lowest ZIP code listed is $1,034 in 15538. Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, Fairhope homeowners may face lower or more moderate bills, but even small changes in assessed value can affect what they owe.
Median Fairhope Tax Bill
$1,034
Median Somerset County Tax Bill
$1,441
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Fairhope, Somerset County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15538 | $300 | $581 | $1,034 | $1,865 | $2,594 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 1 |
Links | |
|---|---|
| Somerset Tax Assessor | |
| Website | www.co.somerset.pa.us |