Tresckow, Pennsylvania Property Taxes
The median property tax rate in Tresckow, PA is 2.19%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Tresckow at $51,000, the typical annual property tax bill reaches $1,118, exceeding the national median of $2,690. Property taxes in Tresckow 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 Tresckow'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 Tresckow or another part of Carbon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tresckow, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.19%
Estimate Property Tax Bill
$1,117
Ownwell’s Tresckow Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Tresckow with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Tresckow to provide an estimated property tax bill. This valuable tool helps you understand potential tax liabilities, making it easier to plan financially. For those interested in more granular insights, you can explore trends on a neighborhood level by scrolling down to find localized information. Your property’s assessed value is determined by the county for property tax purposes, considering any applicable exemptions.
Property Tax Rates Across Tresckow, Pennsylvania
Property taxes in Tresckow, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Tresckow is 2.19%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Tresckow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tresckow 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 Tresckow's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18254 has the highest median property tax rate of 2.19%, while the same zip code also has the lowest median tax rate of 2.19%. Understanding how these cities compare with Tresckow provides valuable insights into the varying tax landscape across Carbon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tresckow Tax Rate
2.19%
Average Carbon County Tax Rate
3.64%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tresckow, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18254 | 2.19% | 2.19% | 2.19% | 2.19% | 2.19% |
Source: Ownwell
Property Tax Assessment Values Across Tresckow, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Tresckow, Pennsylvania. 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 Carbon 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 Tresckow, 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. The median home price in Tresckow is $51,000, with tax bills ranging from $826 at the 25th percentile to $1,508 at the 75th percentile. The highest and lowest median tax bills are both found in zip code 18254, at $1,118. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tresckow Assessed Value
$51,000
Average Carbon County Assessed Value
$80,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tresckow, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18254 | $25,880 | $37,700 | $51,000 | $68,800 | $90,740 |
Source: Ownwell
Property Tax Bills Across Tresckow, Pennsylvania
In Tresckow, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Tresckow, located in Carbon County, PA, face various tax bills depending on the value of their property. For instance, the 25th percentile tax bill is $826, while the 75th percentile tax bill reaches $1508. At the 90th percentile, homeowners can expect a tax bill of approximately $1989. The median home price in Tresckow is $51,000, which influences the overall tax burden. Compared to the national median property tax rate of 0.99%, Tresckow's property taxes can be relatively high or low, depending on specific home values and applicable exemptions. This variability in tax bills significantly impacts homeowners, affecting their annual budget and long-term financial planning. Understanding these factors is crucial for property owners to manage their expenses effectively.
Average Tresckow Tax Bill
$1,118
Average Carbon County Tax Bill
$2,835
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Tresckow, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18254 | $567 | $826 | $1,118 | $1,508 | $1,989 |
Source: Ownwell