Clarington, Pennsylvania Property Taxes
The median property tax rate in Clarington, PA is 2.93%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Clarington, the typical annual property tax bill reaches $1,519, exceeding the national median of $2,690. Property taxes in Clarington 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 Clarington'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 Clarington 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
Clarington, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.93%
Estimate Property Tax Bill
$1,521
Ownwell’s Clarington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clarington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarington 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 Clarington, Pennsylvania
Property taxes in Clarington, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarington is 2.93%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Clarington set these rates annually, and they can vary across different neighborhoods. Each year, Clarington 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 Clarington's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15828 has the highest median property tax rate of 2.93%, while the same zip code also has the lowest median tax rate of 2.93%. Understanding how these cities compare with Clarington provides valuable insights into the varying tax landscape across Elk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarington Tax Rate
2.93%
Average Elk County Tax Rate
3.06%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15828 | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Clarington, Pennsylvania
In Clarington, 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 Elk 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 Clarington, 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 Clarington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15828 has the highest and lowest median tax bill at $1,519, which can be compared to national trends for better context.
Average Clarington Assessed Value
$51,900
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 Clarington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15828 | $42,060 | $45,750 | $51,900 | $54,200 | $55,580 |
Source: Ownwell
Property Tax Bills Across Clarington, Pennsylvania
In Clarington, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with the median home price at $51,900, homeowners can expect varying tax bills. The 25th percentile tax bill is around $1,339, while the 75th percentile reaches $1,586, and the 90th percentile tops out at $1,627. Factors influencing these tax bills include the property’s assessed value, local tax rates, and any applicable exemptions or abatements. Homeowners in Clarington face a median property tax rate that is higher than the national median of 0.99%, reflecting the local government's funding needs for schools, infrastructure, and public services. These tax bills significantly impact homeowners, affecting their overall housing costs and financial planning. Knowing how property taxes are calculated helps homeowners anticipate their annual expenses and explore potential tax relief options.
Average Clarington Tax Bill
$1,519
Average Elk County Tax Bill
$1,325
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15828 | $1,231 | $1,339 | $1,519 | $1,586 | $1,627 |
Source: Ownwell