Foxburg, Pennsylvania Property Taxes
The median property tax rate in Foxburg, PA is 7.84%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Foxburg, the typical annual property tax bill reaches $669, exceeding the national median of $2,690. Property taxes in Foxburg 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 Foxburg'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 Foxburg 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
Foxburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
7.84%
Estimate Property Tax Bill
$669
Ownwell’s Foxburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Foxburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Foxburg 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 Foxburg, Pennsylvania
Property taxes in Foxburg, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Foxburg is 7.84%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Foxburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Foxburg 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 Foxburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16036 has both the highest and lowest median property tax rate of 7.84%. Understanding how these cities compare with Foxburg provides valuable insights into the varying tax landscape across Clarion County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Foxburg Tax Rate
7.84%
Average Clarion County Tax Rate
8.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Foxburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16036 | 7.84% | 7.84% | 7.84% | 7.84% | 7.84% |
Source: Ownwell
Property Tax Assessment Values Across Foxburg, Pennsylvania
In Foxburg, 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 Clarion 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 Foxburg, 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 Foxburg is $8,530, with tax bills ranging from $324 at the 25th percentile to $1,583 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Foxburg Assessed Value
$8,530
Average Clarion County Assessed Value
$13,522
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Foxburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16036 | $1,390 | $4,130 | $8,530 | $13,045 | $20,186 |
Source: Ownwell
Property Tax Bills Across Foxburg, Pennsylvania
In Foxburg, Clarion County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by local government assessors. The assessed value is a percentage of the property's market value. Homeowners in Foxburg can expect the median home price to be around $8,530. Property tax rates in this area are applied to the assessed value, and the resulting tax bill varies significantly among homeowners. For instance, the 25th percentile tax bill is approximately $324, while the 75th percentile tax bill reaches up to $1,023. The 90th percentile tax bill can go as high as $1,583. These figures illustrate the range of property tax burdens that homeowners in Foxburg might experience. The highest median tax bill in the region is $669, and this is consistent across the zip code 16036. Comparatively, the national median property tax rate is 0.99%, which offers a benchmark to understand how Foxburg's property tax rates affect local homeowners. High property tax bills can significantly impact household budgets, making it crucial for homeowners to understand how their tax is calculated and to explore potential exemptions or appeals if their assessed value seems inaccurate.
Average Foxburg Tax Bill
$669
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Foxburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16036 | $109 | $324 | $669 | $1,023 | $1,583 |
Source: Ownwell