Coupon, Pennsylvania Property Taxes
The median property tax rate in COUPON, PA is 9.50%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in COUPON, the typical annual property tax bill reaches $695, which is lower than the national median of $2,690. Property taxes in COUPON 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 COUPON'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 COUPON 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
Coupon, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
9.5%
Estimate Property Tax Bill
$695
Ownwell’s COUPON Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in COUPON. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in COUPON to provide an estimated tax bill. This valuable resource helps you understand your potential tax liabilities with ease. For those interested in more detailed insights, localized information at the neighborhood level is available further down the page. Your property's assessed value is determined by Cambria County for property tax purposes and takes into account any applicable exemptions.
Property Tax Rates Across Coupon, Pennsylvania
Property taxes in Coupon, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Coupon is 9.50%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Coupon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coupon 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 Coupon's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16629 has the highest median property tax rate of 9.50%, while the same zip code also has the lowest median tax rate of 9.50%. Understanding how these cities compare with Coupon provides valuable insights into the varying tax landscape across Cambria County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Coupon Tax Rate
9.50%
Average Cambria County Tax Rate
10.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coupon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16629 | 9.50% | 9.50% | 9.50% | 9.50% | 9.50% |
Source: Ownwell
Property Tax Assessment Values Across Coupon, Pennsylvania
In COUPON, 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 Cambria 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 COUPON, 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 COUPON helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in COUPON is $695.00 in the 16629 zip code, which also has the lowest median tax bill at $695.00.
Average Coupon Assessed Value
$7,320
Average Cambria County Assessed Value
$12,040
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coupon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16629 | $1,760 | $4,780 | $7,320 | $12,280 | $19,880 |
Source: Ownwell
Property Tax Bills Across Coupon, Pennsylvania
In Coupon, located in Cambria County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Coupon is $7,320, which translates to varying tax bills depending on the property's value and location within the city. For instance, the 25th percentile tax bill is $454, while the 75th percentile tax bill is $1,167, and the 90th percentile tax bill reaches $1,889. These tax bills impact homeowners significantly, as they represent a recurring financial obligation that must be managed alongside other household expenses. Compared to the national median property tax rate of 0.99%, the property tax rate in Coupon can be relatively high, making it crucial for homeowners to understand their tax liabilities. Factors such as property improvements, market conditions, and local government budgets can influence the assessed value and, consequently, the tax bill.
Average Coupon Tax Bill
$695
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Coupon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16629 | $167 | $454 | $695 | $1,167 | $1,889 |
Source: Ownwell