Weissport, Pennsylvania Property Taxes
The median property tax rate in Weissport, PA is 3.87%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Weissport, the typical annual property tax bill reaches $2,495, slightly below the national median of $2,690. Property taxes in Weissport 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 Weissport'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 Weissport 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
Weissport, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.87%
Estimate Property Tax Bill
$2,494
Ownwell’s Weissport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Weissport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Weissport 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 Weissport, Pennsylvania
Property taxes in Weissport, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Weissport is 3.87%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Weissport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Weissport 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 Weissport's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18235 zip code has both the highest and lowest median property tax rate of 3.87%. Understanding how these cities compare with Weissport 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 Weissport Tax Rate
3.87%
Average Carbon County Tax Rate
3.64%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weissport, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18235 | 3.87% | 3.87% | 3.87% | 3.87% | 3.87% |
Source: Ownwell
Property Tax Assessment Values Across Weissport, Pennsylvania
In Weissport, 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 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 Weissport, 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. For instance, the median home price in Weissport is $64,445, with tax bills ranging from $2,048 at the 25th percentile to $3,639 at the 90th percentile. The highest and lowest median tax bills are both $2,495 in the 18235 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 Weissport Assessed Value
$64,445
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 Weissport, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18235 | $44,760 | $53,000 | $64,445 | $80,900 | $94,010 |
Source: Ownwell
Property Tax Bills Across Weissport, Pennsylvania
In Weissport, located in Carbon County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $64,445, homeowners can expect a substantial tax bill. The tax bills in Weissport vary significantly, with the 25th percentile at $2,048 and the 75th percentile reaching $3,131. Even at the 90th percentile, tax bills can climb to $3,639. These figures highlight that property taxes in Weissport can be a considerable expense for homeowners, especially when compared to the national median property tax rate of 0.99%. The highest and lowest median tax bills in Weissport are both $2,495, indicating a consistent tax rate across different properties. Homeowners must consider these taxes as a significant factor in their overall housing costs, impacting affordability and financial planning.
Average Weissport Tax Bill
$2,495
Average Carbon County Tax Bill
$2,835
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Weissport, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18235 | $1,733 | $2,048 | $2,495 | $3,131 | $3,639 |
Source: Ownwell