Loganton, Pennsylvania Property Taxes
The median property tax rate in Loganton, PA is 2.01%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Loganton at $71,800, the typical annual property tax bill reaches $1,476, exceeding the national median of $2,690. Property taxes in Loganton 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 Loganton'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 Loganton 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
Loganton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.01%
Estimate Property Tax Bill
$1,443
Ownwell’s Loganton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Loganton with just two simple inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Loganton to provide an estimate of your property tax bill. This valuable tool offers clarity on potential tax obligations. For those curious about neighborhood-specific trends, additional localized information is available below. Your property’s assessed value is determined by the county for property tax purposes, considering any applicable exemptions.
Property Tax Rates Across Loganton, Pennsylvania
Property taxes in Loganton, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Loganton is 2.01%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Loganton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Loganton 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 Loganton's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17747 has the highest median property tax rate of 2.01%, while the same zip code also has the lowest median tax rate of 2.01%. Understanding how these areas compare with Loganton provides valuable insights into the varying tax landscape across Clinton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Loganton Tax Rate
2.01%
Average Clinton County Tax Rate
2.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Loganton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17747 | 2.01% | 2.01% | 2.01% | 2.04% | 2.06% |
Source: Ownwell
Property Tax Assessment Values Across Loganton, Pennsylvania
In Loganton, 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 Clinton 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 Loganton, 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. For instance, the median home price in Loganton is $71,800, with tax bills ranging from $808 at the 25th percentile to $3,834 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 Loganton Assessed Value
$71,800
Average Clinton County Assessed Value
$57,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Loganton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17747 | $24,120 | $39,950 | $71,800 | $115,250 | $190,660 |
Source: Ownwell
Property Tax Bills Across Loganton, Pennsylvania
Property tax bills in Loganton, located in Clinton County, PA, are determined based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county assessor. Factors such as property size, location, and improvements are considered to establish this value. For homeowners in Loganton, the median home price is $71,800. The tax bills can vary significantly, with the 25th percentile at $808 and the 75th percentile reaching $2,338. At the 90th percentile, tax bills can be as high as $3,834. The median property tax bill in Loganton is $1,476, which is higher than the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, understanding how these taxes are calculated and their potential impact is crucial for financial planning and property investment decisions.
Average Loganton Tax Bill
$1,476
Average Clinton County Tax Bill
$1,228
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Loganton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17747 | $488 | $808 | $1,476 | $2,338 | $3,834 |
Source: Ownwell