Elk County Property Taxes
The median property tax rate in Elk County is 3.06%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $39,300, the typical annual property tax bill in Elk County is $1,325, which is below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like primary residence and agricultural exemptions. Understanding Elk County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in St. Marys or another part of Elk County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Elk County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.06%
Estimate Property Tax Bill
$1,203
Ownwell’s Elk County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Elk County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Elk County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Elk County, Pennsylvania
Property taxes in Elk County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Elk County is 3.06%, which is higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Elk County set these rates annually, and they can vary significantly between different areas within the county. Each year, Elk County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Elk County's effective property tax rate with other counties in Pennsylvania and the national median. For comparison, the city of Johnsonburg has one of the higher property tax rates in Pennsylvania at 3.98%, while the city of Brockport boasts one of the lowest at 2.48%. Analyzing how Elk County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Elk County Tax Rate
3.06%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Elk County, Pennsylvania
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Benezett | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% |
| Benezette | N/A | N/A | N/A | N/A | N/A |
| Brockport | 2.48% | 2.48% | 2.48% | 3.00% | 3.00% |
| Byrnedale | 2.93% | 2.94% | 2.94% | 2.94% | 2.94% |
| Clarington | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
| Dagus Mines | 2.79% | 2.79% | 2.79% | 2.80% | 2.80% |
| De Young | 3.06% | 3.06% | 3.06% | 3.06% | 3.06% |
| Driftwood | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% |
| Emporium | 3.63% | 3.63% | 3.63% | 3.63% | 3.63% |
| Force | 2.93% | 2.93% | 2.94% | 2.94% | 2.94% |
| Hallton | 2.99% | 2.99% | 2.99% | 2.99% | 2.99% |
| James City | 3.06% | 3.06% | 3.06% | 3.06% | 3.06% |
| Johnsonburg | 2.54% | 3.98% | 3.98% | 3.98% | 3.98% |
| Kane | 3.06% | 3.06% | 3.06% | 3.06% | 3.06% |
| Kersey | 2.79% | 2.79% | 2.79% | 2.80% | 2.80% |
| Ridgway | 2.90% | 2.90% | 3.00% | 3.76% | 3.76% |
| Saint Marys | 3.63% | 3.63% | 3.63% | 3.63% | 3.63% |
| Sigel | 2.93% | 2.93% | 2.93% | 2.99% | 2.99% |
| Weedville | 2.90% | 2.93% | 2.94% | 2.94% | 2.94% |
| Wilcox | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% |
Source: Ownwell
Property Tax Assessment Values Across Elk County, Pennsylvania
In Elk County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Elk County Appraisal District. The assessed value, however, 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. Assessment notices in Elk County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Saint Marys has the highest median tax bill at $1,856, while Hallton enjoys the lowest at $210. Being aware of these valuation processes in Elk County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Elk County Assessed Value
$39,300
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Elk County, Pennsylvania
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Benezett | $3,200 | $6,800 | $11,900 | $24,400 | $44,860 |
| Benezette | N/A | N/A | N/A | N/A | N/A |
| Brockport | $3,300 | $11,350 | $37,150 | $55,700 | $74,310 |
| Byrnedale | $1,800 | $4,800 | $31,100 | $36,400 | $46,800 |
| Clarington | $42,060 | $45,750 | $51,900 | $54,200 | $55,580 |
| Dagus Mines | $14,760 | $26,900 | $35,200 | $56,400 | $76,140 |
| De Young | $35,480 | $38,450 | $43,400 | $48,350 | $51,320 |
| Driftwood | $3,660 | $7,250 | $16,500 | $26,175 | $43,350 |
| Emporium | $7,400 | $19,700 | $28,100 | $47,240 | $58,200 |
| Force | $2,800 | $25,150 | $32,100 | $36,650 | $43,020 |
| Hallton | $2,200 | $4,600 | $7,000 | $8,200 | $8,320 |
| James City | $1,800 | $7,075 | $29,400 | $37,725 | $50,880 |
| Johnsonburg | $2,160 | $25,100 | $36,100 | $48,500 | $69,600 |
| Kane | $3,400 | $7,700 | $13,800 | $27,050 | $51,880 |
| Kersey | $4,700 | $17,700 | $45,700 | $65,925 | $94,630 |
| Ridgway | $5,490 | $19,800 | $39,300 | $54,800 | $76,800 |
| Saint Marys | $11,400 | $38,000 | $51,200 | $69,000 | $93,900 |
| Sigel | $2,400 | $5,200 | $11,700 | $26,100 | $46,200 |
| Weedville | $3,300 | $8,000 | $24,400 | $48,800 | $71,580 |
| Wilcox | $3,600 | $8,400 | $26,100 | $48,700 | $72,930 |
Source: Ownwell
Property Tax Bills Across Elk County, Pennsylvania
In Elk County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors that influence the assessed value include the property's market value, location, and any improvements made to the property. The median home price in Elk County is $39,300, which is significantly lower than many other regions. Consequently, property tax bills here can vary widely. For instance, the 25th percentile tax bill is $456, while the 75th percentile tax bill reaches $1,947. At the 90th percentile, homeowners might see bills as high as $2,720. Saint Marys has the highest median tax bill in the county at $1,856, whereas Hallton has the lowest at just $210. These property taxes directly impact homeowners by influencing their overall housing costs, potentially affecting affordability and long-term financial planning. Compared to the national median property tax rate of 0.99%, Elk County offers a diverse range of tax burdens depending on location and property value.
Average Elk County Tax Bill
$1,325
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Elk County, Pennsylvania
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Benezett | $93 | $197 | $345 | $708 | $1,301 |
| Benezette | N/A | N/A | N/A | N/A | N/A |
| Brockport | $91 | $294 | $954 | $1,425 | $1,907 |
| Byrnedale | $53 | $141 | $913 | $1,068 | $1,374 |
| Clarington | $1,231 | $1,339 | $1,519 | $1,586 | $1,627 |
| Dagus Mines | $413 | $752 | $984 | $1,576 | $2,128 |
| De Young | $1,086 | $1,177 | $1,328 | $1,480 | $1,570 |
| Driftwood | $106 | $210 | $478 | $759 | $1,257 |
| Emporium | $269 | $715 | $1,021 | $1,716 | $2,114 |
| Force | $82 | $738 | $942 | $1,076 | $1,263 |
| Hallton | $66 | $138 | $210 | $246 | $249 |
| James City | $55 | $217 | $900 | $1,154 | $1,557 |
| Johnsonburg | $83 | $936 | $1,352 | $1,709 | $2,275 |
| Kane | $106 | $236 | $422 | $832 | $1,630 |
| Kersey | $131 | $495 | $1,279 | $1,845 | $2,645 |
| Ridgway | $174 | $608 | $1,390 | $1,894 | $2,559 |
| Saint Marys | $410 | $1,376 | $1,856 | $2,502 | $3,410 |
| Sigel | $72 | $153 | $348 | $769 | $1,369 |
| Weedville | $97 | $235 | $713 | $1,431 | $2,099 |
| Wilcox | $101 | $236 | $734 | $1,368 | $2,051 |
Source: Ownwell