Burnt Cabins, Pennsylvania Property Taxes
The median property tax rate in Burnt Cabins, PA is 4.74%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Burnt Cabins at $16,860, the typical annual property tax bill reaches $887, which is still below the national median of $2,690. Property taxes in Burnt Cabins are calculated based on the tax assessed value, typically falling below market value due to exemptions like the primary residence and agricultural exemptions. Understanding Burnt Cabins' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Burnt Cabins or another part of Fulton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Burnt Cabins, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.74%
Estimate Property Tax Bill
$799
Ownwell’s Burnt Cabins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burnt Cabins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burnt Cabins 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 Burnt Cabins, Pennsylvania
Property taxes in Burnt Cabins, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burnt Cabins is 4.74%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Burnt Cabins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burnt Cabins 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 Burnt Cabins' effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17215 in Burnt Cabins has the highest median property tax rate of 4.74%, while the same zip code also has the lowest median tax rate of 4.74%. Understanding how these cities compare with Burnt Cabins provides valuable insights into the varying tax landscape across Fulton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burnt Cabins Tax Rate
4.74%
Average Fulton County Tax Rate
4.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burnt Cabins, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17215 | 4.74% | 4.74% | 4.74% | 4.74% | 4.74% |
Source: Ownwell
Property Tax Assessment Values Across Burnt Cabins, Pennsylvania
In Burnt Cabins, 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 Fulton 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 Burnt Cabins, 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 Burnt Cabins helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $887 in the 17215 zip code, which is also the lowest median tax bill, highlighting the consistency in property tax assessments within this locality.
Average Burnt Cabins Assessed Value
$16,860
Average Fulton County Assessed Value
$13,800
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burnt Cabins, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17215 | $2,448 | $4,750 | $16,860 | $36,755 | $49,812 |
Source: Ownwell
Property Tax Bills Across Burnt Cabins, Pennsylvania
In Burnt Cabins, Fulton County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Burnt Cabins is $16,860, and property tax bills can vary significantly. For instance, homeowners in the 25th percentile pay around $221 annually, while those in the 75th percentile face bills of approximately $1,821. At the higher end, the 90th percentile sees tax bills reaching up to $2,414. These tax bills are influenced by several factors, including the property's assessed value, local tax rates, and any applicable exemptions or appeals. Understanding these factors is crucial for homeowners, as property taxes can significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, the property tax burden in Burnt Cabins can vary widely, highlighting the importance of accurate assessments and potential tax relief options.
Average Burnt Cabins Tax Bill
$887
Average Fulton County Tax Bill
$734
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Burnt Cabins, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17215 | $113 | $221 | $887 | $1,821 | $2,414 |
Source: Ownwell