Everett, Pennsylvania Property Taxes
The median property tax rate in Everett, PA is 1.60%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Everett, the typical annual property tax bill reaches $1,652, which is below the national median of $2,690. Property taxes in Everett are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Everett's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Everett or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Everett, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.6%
Estimate Property Tax Bill
$1,652
Ownwell’s Everett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Everett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Everett to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Everett, Pennsylvania
Property taxes in Everett, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Everett is 1.60%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Everett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Everett estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Everett's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15537 zip code has the highest median property tax rate of 1.60%, which is the same as the lowest median tax rate in the same zip code. Understanding how these cities compare with Everett provides valuable insights into the varying tax landscape across Bedford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Everett Tax Rate
1.60%
Average Bedford County Tax Rate
1.45%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Everett, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15537 | 1.33% | 1.49% | 1.60% | 1.60% | 2.21% |
Source: Ownwell
Property Tax Assessment Values Across Everett, Pennsylvania
In Everett, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the local appraisal district for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Everett, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For example, the median home price in Everett is $103,250, with tax bills ranging from $960 at the 25th percentile to $3,308 at the 90th percentile. The highest median tax bill of $1,652 is found in zip code 15537, which also has the lowest median tax bill. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. This awareness helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Everett Assessed Value
$103,250
Average Bedford County Assessed Value
$101,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Everett, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15537 | $25,200 | $60,000 | $103,250 | $153,675 | $245,400 |
Source: Ownwell
Property Tax Bills Across Everett, Pennsylvania
In Everett, PA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value, often a percentage of the market value, is established by the county's tax assessor. For homeowners in Everett, the median home price stands at $103,250. The property tax rate in Bedford County can lead to varying tax bills; for example, the 25th percentile tax bill is around $960, while the 75th percentile reaches approximately $2,307. At the higher end, the 90th percentile tax bill can be as much as $3,308. Several factors influence these tax bills, including the property's assessed value, any exemptions for which the homeowner may qualify, and the specific tax rate set by local authorities. Compared to the national median property tax rate of 0.99%, homeowners in Everett may experience a range of tax burdens, affecting their annual financial planning and potentially influencing decisions about property improvements or sales.
Average Everett Tax Bill
$1,652
Average Bedford County Tax Bill
$1,429
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Everett, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15537 | $414 | $960 | $1,652 | $2,307 | $3,308 |
Source: Ownwell