Mill Hall, Pennsylvania Property Taxes
The median property tax rate in Mill Hall, PA is 1.97%, which is significantly higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With a median home value of $65,100 in Mill Hall, the typical annual property tax bill amounts to $1,357, falling below the national median of $2,690. Property taxes in Mill Hall are determined based on the tax assessed value, which often remains lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Gaining a comprehensive understanding of Mill Hall's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Mill Hall or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mill Hall, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.97%
Estimate Property Tax Bill
$1,282
Ownwell’s Mill Hall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mill Hall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mill Hall 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 Mill Hall, Pennsylvania
Property taxes in Mill Hall, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mill Hall is 1.97%, significantly higher than the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mill Hall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mill Hall 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 Mill Hall's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17751 has the highest median property tax rate of 1.97%, while the same zip code 17751 also has the lowest median tax rate of 1.97%. Understanding how these cities compare with Mill Hall 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 Mill Hall Tax Rate
1.97%
Average Clinton County Tax Rate
2.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mill Hall, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17751 | 1.97% | 1.97% | 1.97% | 1.97% | 2.48% |
Source: Ownwell
Property Tax Assessment Values Across Mill Hall, Pennsylvania
In Mill Hall, 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 Mill Hall, 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 Mill Hall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Mill Hall is $65,100, with tax bills ranging from $542 at the 25th percentile to $3,497 at the 90th percentile. The highest and lowest median tax bills are both $1,357 in the 17751 zip code.
Average Mill Hall Assessed Value
$65,100
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 Mill Hall, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17751 | $8,680 | $26,700 | $65,100 | $104,500 | $174,360 |
Source: Ownwell
Property Tax Bills Across Mill Hall, Pennsylvania
In Mill Hall, located in Clinton County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the property's market value. Homeowners in Mill Hall can expect their property tax bills to vary significantly, with the 25th percentile tax bill at $542 and the 75th percentile reaching $2,221. The 90th percentile tax bill can be as high as $3,497, reflecting the upper range of property values in the area. Several factors influence the tax bill, including the home's market value, local tax rates, and any applicable exemptions or abatements. These taxes are crucial for funding local services such as schools, public safety, and infrastructure. For homeowners, understanding how their property tax is calculated helps in financial planning and ensures they are prepared for annual tax obligations. Compared to the national median property tax rate of 0.99%, Mill Hall's rates contribute to varying tax bills depending on property values and local assessments.
Average Mill Hall Tax Bill
$1,357
Average Clinton County Tax Bill
$1,228
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mill Hall, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17751 | $171 | $542 | $1,357 | $2,221 | $3,497 |
Source: Ownwell