Elysburg, Pennsylvania Property Taxes
The median property tax rate in Elysburg, PA is 3.52%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Elysburg, the typical annual property tax bill reaches $2,735, slightly exceeding the national median of $2,690. Property taxes in Elysburg 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 Elysburg'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 Elysburg 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
Elysburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.52%
Estimate Property Tax Bill
$2,737
Ownwell’s Elysburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Elysburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Elysburg 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 Elysburg, Pennsylvania
Property taxes in Elysburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Elysburg is 3.52%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Elysburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Elysburg 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 Elysburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17824 has the highest median property tax rate of 3.52%, while the same zip code also has the lowest median tax rate of 3.52%. Understanding how these cities compare with Elysburg provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Elysburg Tax Rate
3.52%
Average Columbia County Tax Rate
3.65%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Elysburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17824 | 3.52% | 3.52% | 3.52% | 3.52% | 3.52% |
Source: Ownwell
Property Tax Assessment Values Across Elysburg, Pennsylvania
In Elysburg, 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 Columbia 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 Elysburg, 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 Elysburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 17824 has the highest and lowest median tax bill, both at $2,735.
Average Elysburg Assessed Value
$77,768
Average Columbia County Assessed Value
$60,804
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Elysburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17824 | $23,625 | $48,969 | $77,768 | $108,318 | $139,958 |
Source: Ownwell
Property Tax Bills Across Elysburg, Pennsylvania
In Elysburg, located in Columbia County, PA, property tax bills are calculated 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, determined by the county's assessment office. This figure is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the property's location, size, and condition. For example, homes in zip code 17824 have a median property tax bill of $2,735, which is significantly higher than the national median property tax rate of 0.99%. Homeowners in Elysburg can expect tax bills ranging from $1,722 at the 25th percentile to $4,921 at the 90th percentile, reflecting the variability in property values and assessment practices. These property taxes fund essential community services such as public schools, emergency services, and infrastructure maintenance, directly impacting the quality of life for Elysburg residents. Understanding how these taxes are calculated helps homeowners budget effectively and anticipate future financial obligations.
Average Elysburg Tax Bill
$2,735
Average Columbia County Tax Bill
$2,229
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Elysburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17824 | $831 | $1,722 | $2,735 | $3,837 | $4,921 |
Source: Ownwell