Sproul, Pennsylvania Property Taxes
The median property tax rate in Sproul, PA is 1.36%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Sproul at $74,300, the typical annual property tax bill reaches $1,007, exceeding the national median of $2,690. Property taxes in Sproul 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 Sproul'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 Sproul 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
Sproul, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$1,010
Ownwell’s Sproul Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sproul with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sproul 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 Sproul, Pennsylvania
Property taxes in Sproul, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sproul is 1.36%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Sproul set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sproul 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 Sproul's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 16682 zip code has the same median property tax rate of 1.36%. Understanding how these areas compare with Sproul provides valuable insights into the varying tax landscape across Blair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sproul Tax Rate
1.36%
Average Blair County Tax Rate
1.57%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sproul, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16682 | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Sproul, Pennsylvania
In Sproul, 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 Blair County Assessment Office 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 Sproul, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Sproul helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest median tax bill in Blair County is 16682, with a median tax bill of $1,007.
Average Sproul Assessed Value
$74,300
Average Blair County Assessed Value
$113,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sproul, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16682 | $57,120 | $64,800 | $74,300 | $82,900 | $90,180 |
Source: Ownwell
Property Tax Bills Across Sproul, Pennsylvania
Property tax bills in Sproul, Blair County, PA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the home. For instance, the median home price in Sproul is $74,300. Once the assessed value is established, it is multiplied by the local property tax rate to calculate the annual tax bill. For homeowners in Sproul, property tax bills can vary significantly. The 25th percentile tax bill is around $879, while the 75th percentile tax bill reaches $1,124. At the 90th percentile, the tax bill can go up to $1,223. These property taxes fund essential public services such as schools, roads, and emergency services. Compared to the national median property tax rate of 0.99%, property taxes in Sproul can be considered moderate. Understanding these factors helps homeowners plan their finances better and anticipate their annual expenses.
Average Sproul Tax Bill
$1,007
Average Blair County Tax Bill
$1,685
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Sproul, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16682 | $774 | $879 | $1,007 | $1,124 | $1,223 |
Source: Ownwell