Athens, Pennsylvania Property Taxes
The median property tax rate in Athens, PA is 3.66%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Athens at $64,891, the typical annual property tax bill reaches $2,441, slightly below the national median of $2,690. Property taxes in Athens are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Athens' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Athens or another part of Bradford County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Athens, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.66%
Estimate Property Tax Bill
$2,375
Ownwell’s Athens Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Athens with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Athens 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 Athens, Pennsylvania
Property taxes in Athens, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Athens is 3.66%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Athens set these rates annually, and they can vary significantly across different neighborhoods. Each year, Athens 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 Athens's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18810 zip code has the highest median property tax rate of 3.66%, while the 18810 zip code also has the lowest median tax rate of 3.66%. Understanding how these cities compare with Athens provides valuable insights into the varying tax landscape across Bradford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Athens Tax Rate
3.66%
Average Bradford County Tax Rate
3.22%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Athens, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18810 | 2.96% | 3.66% | 3.66% | 4.06% | 4.06% |
Source: Ownwell
Property Tax Assessment Values Across Athens, Pennsylvania
In Athens, 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 Bradford 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 Athens, 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. The median home price in Athens is $64,891, with tax bills ranging from $1,745 at the 25th percentile to $4,749 at the 90th percentile. The highest and lowest median tax bill, both at $2,441, are found in the 18810 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Athens Assessed Value
$64,891
Average Bradford County Assessed Value
$61,590
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Athens, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18810 | $26,930 | $47,107 | $64,891 | $88,599 | $139,983 |
Source: Ownwell
Property Tax Bills Across Athens, Pennsylvania
In Athens, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value reflects a percentage of the property's market value. Several factors influence the tax bill, including the property's location, size, and any improvements made. Homeowners in Athens can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is $1,745, while the 75th percentile tax bill reaches $3,190, and the 90th percentile tax bill goes up to $4,749. Comparatively, the median home price in Athens is $64,891. With the national median property tax rate at 0.99%, Athens' property tax rate is relatively high, reflecting the county's need to fund local services such as schools, infrastructure, and emergency services. Homeowners must budget accordingly, as the property tax bill can significantly impact their annual expenses. The highest and lowest median tax bills in Athens are both $2,441, indicating a consistent tax rate across the area.
Average Athens Tax Bill
$2,441
Average Bradford County Tax Bill
$1,935
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Athens, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18810 | $934 | $1,745 | $2,441 | $3,190 | $4,749 |
Source: Ownwell