Grover, Pennsylvania Property Taxes
The median property tax rate in Grover, PA is 2.67%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Grover, the typical annual property tax bill reaches $427, which is significantly lower than the national median of $2,690. Property taxes in Grover 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 Grover'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 Grover 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
Grover, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.67%
Estimate Property Tax Bill
$427
Ownwell’s Grover Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Grover. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in Grover to provide an accurate estimate of your property tax bill. This user-friendly tool offers a clear understanding of your potential tax liabilities, helping you make informed decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available further down the page. Your property’s assessed value is determined by Bradford County for tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Grover, Pennsylvania
Property taxes in Grover, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grover is 2.67%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Grover set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grover 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 Grover's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17735 has the highest median property tax rate of 2.67%, while the same zip code also has the lowest median tax rate of 2.67%. Understanding how these cities compare with Grover 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 Grover Tax Rate
2.67%
Average Bradford County Tax Rate
3.22%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grover, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17735 | 2.67% | 2.67% | 2.67% | 2.67% | 2.67% |
Source: Ownwell
Property Tax Assessment Values Across Grover, Pennsylvania
In Grover, 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 Grover, 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 Grover helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 17735 has both the highest and lowest median tax bill at $427.
Average Grover Assessed Value
$16,000
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 Grover, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17735 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 |
Source: Ownwell
Property Tax Bills Across Grover, Pennsylvania
In Grover, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the Bradford County tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $16,000 and a consistent tax bill of $427 across various percentiles, it’s clear that the tax rate is applied uniformly in this region. Several factors influence the assessed value, including the property's location, size, and condition. Homeowners in Grover can expect their tax bills to be influenced by these assessments and the local tax rate. Compared to the national median property tax rate of 0.99%, Grover's property tax environment appears to be relatively straightforward and predictable, offering homeowners a clear understanding of their financial obligations. This uniformity in tax bills simplifies financial planning for property owners in the area, ensuring that they are not caught off guard by unexpected tax increases.
Average Grover Tax Bill
$427
Average Bradford County Tax Bill
$1,935
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Grover, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17735 | $427 | $427 | $427 | $427 | $427 |
Source: Ownwell