Julian, Pennsylvania Property Taxes
The median property tax rate in Julian, PA is 3.70%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $78,780 in Julian, the typical annual property tax bill reaches $2,963, just below the national median of $2,690. Property taxes in Julian are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Julian'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 Julian 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
Julian, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.7%
Estimate Property Tax Bill
$2,915
Ownwell’s Julian Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Julian with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Julian to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in more localized trends, additional neighborhood-level information is available below. 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 Julian, Pennsylvania
Property taxes in Julian, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Julian is 3.70%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Julian set these rates annually, and they can vary significantly across different neighborhoods. Each year, Julian 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 Julian's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 16844 has both the highest and lowest median property tax rate of 3.70%. Understanding how these areas compare with Julian provides valuable insights into the varying tax landscape across Centre County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Julian Tax Rate
3.70%
Average Centre County Tax Rate
3.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Julian, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16844 | 3.55% | 3.55% | 3.70% | 3.84% | 3.84% |
Source: Ownwell
Property Tax Assessment Values Across Julian, Pennsylvania
In Julian, 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 Centre County Appraisal District 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 Julian, 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 Julian helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16844 has the highest median tax bill at $2,963, while the lowest is also in the same zip code, highlighting the variability within the area.
Average Julian Assessed Value
$78,780
Average Centre County Assessed Value
$97,340
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Julian, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16844 | $12,000 | $45,720 | $78,780 | $117,920 | $162,434 |
Source: Ownwell
Property Tax Bills Across Julian, Pennsylvania
In Julian, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate, which varies depending on the specific locality within Centre County. For homeowners in Julian, the median home price is $78,780. Property tax bills can range significantly; the 25th percentile tax bill is $1,778, while the 75th percentile reaches $4,457, and the 90th percentile can go up to $6,149. These figures indicate that homeowners in Julian may experience a wide range of tax bills, influenced by the assessed value of their property and the applicable tax rate. The highest median tax bill in the area is $2,963, found in the 16844 zip code. Compared to the national median property tax rate of 0.99%, Julian's rates can vary widely, impacting homeowners differently based on their property's assessed value and specific location within the county.
Average Julian Tax Bill
$2,963
Average Centre County Tax Bill
$3,173
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Julian, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16844 | $601 | $1,778 | $2,963 | $4,457 | $6,149 |
Source: Ownwell