Winburne, Pennsylvania Property Taxes
The median property tax rate in Winburne, PA is 0.25%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $57,450 in Winburne, the typical annual property tax bill is around $142, far below the national median of $2,690. Property taxes in Winburne are calculated based on the tax assessed value, which is often less than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Winburne's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Winburne or another part of Clearfield County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Winburne, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.25%
Estimate Property Tax Bill
$144
Ownwell’s Winburne Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Winburne with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Winburne 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 Winburne, Pennsylvania
Property taxes in Winburne, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Winburne is 0.25%, significantly lower than both the Pennsylvania state median of 1.46% and the U.S. national median of 0.99%. Local government entities within Winburne set these rates annually, and they can vary significantly across different neighborhoods. Each year, Winburne 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 Winburne's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the highest median property tax rate in Pennsylvania is found in Monroe County at 2.40%, while the lowest median tax rate is in Forest County at 0.90%. Understanding how these cities compare with Winburne provides valuable insights into the varying tax landscape across Clearfield County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Winburne Tax Rate
0.25%
Average Clearfield County Tax Rate
0.25%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Winburne, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16879 | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
Source: Ownwell
Property Tax Assessment Values Across Winburne, Pennsylvania
In Winburne, 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 Clearfield 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 Winburne, 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 Winburne helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16879 has both the highest and lowest median tax bill, standing at $142.
Average Winburne Assessed Value
$57,450
Average Clearfield County Assessed Value
$86,111
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Winburne, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16879 | $21,363 | $37,689 | $57,450 | $86,364 | $143,006 |
Source: Ownwell
Property Tax Bills Across Winburne, Pennsylvania
In Winburne, Clearfield County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Winburne, the median home price is $57,450. Property tax bills in the area vary significantly, with the 25th percentile tax bill at $93 and the 75th percentile at $214. At the 90th percentile, homeowners can expect to pay around $354 annually. These tax bills are influenced by several factors, including the property's assessed value, local tax rates, and any applicable exemptions or abatements. While the highest and lowest median tax bills in the area both stand at $142, it's essential for homeowners to understand how these factors contribute to their overall tax liability. Comparing these figures to the national median property tax rate of 0.99%, Winburne's property taxes are relatively modest, offering some financial relief to its residents.
Average Winburne Tax Bill
$142
Average Clearfield County Tax Bill
$214
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Winburne, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16879 | $53 | $93 | $142 | $214 | $354 |
Source: Ownwell