Centerville, Pennsylvania Property Taxes
The median property tax rate in Centerville, PA is 5.84%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Centerville at $21,282, the typical annual property tax bill reaches $1,185, exceeding the national median of $2,690. Property taxes in Centerville 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 Centerville'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 Centerville 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
Centerville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.84%
Estimate Property Tax Bill
$1,243
Ownwell’s Centerville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Centerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Centerville 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 Centerville, Pennsylvania
Property taxes in Centerville, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Centerville is 5.84%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Centerville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Centerville 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 Centerville's effective property tax rate to other areas in Crawford County and the national median. For comparison, the 16404 zip code has both the highest and lowest median property tax rate of 5.84%. Understanding how these areas compare with Centerville provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Centerville Tax Rate
5.84%
Average Crawford County Tax Rate
5.74%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Centerville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16404 | 5.18% | 5.21% | 5.84% | 5.96% | 6.00% |
Source: Ownwell
Property Tax Assessment Values Across Centerville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Centerville, Pennsylvania. The market value represents the price a willing buyer would pay to a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Crawford 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 Centerville, 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. The median home price in Centerville is $21,282, with tax bills ranging from $630 at the 25th percentile to $2,688 at the 90th percentile. The highest and lowest median tax bills both occur in the 16404 zip code, amounting to $1,185. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage their tax burden effectively.
Average Centerville Assessed Value
$21,282
Average Crawford County Assessed Value
$26,552
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Centerville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16404 | $5,932 | $11,226 | $21,282 | $35,630 | $47,971 |
Source: Ownwell
Property Tax Bills Across Centerville, Pennsylvania
In Centerville, property tax bills are calculated based on the assessed value of a home, which is determined by the Crawford County tax assessor. The assessed value is a percentage of the home's market value. For example, the median home price in Centerville is $21,282. The property tax rate in this region is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Homeowners in Centerville can expect a wide range of tax bills. For instance, those at the 25th percentile pay around $630 annually, while those at the 75th percentile pay about $2,016. High-value properties can see bills as high as $2,688. This variability in tax bills can significantly impact homeowners, influencing their financial planning and overall cost of living. Compared to the national median property tax rate of 0.99%, Centerville's tax rates reflect the local economic conditions and property values. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Centerville Tax Bill
$1,185
Average Crawford County Tax Bill
$1,304
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Centerville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16404 | $333 | $630 | $1,185 | $2,016 | $2,688 |
Source: Ownwell