Huntingdon, Pennsylvania Property Taxes
The median property tax rate in Huntingdon, PA is 6.10%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Huntingdon at $15,300, the typical annual property tax bill reaches $787, which is below the national median of $2,690. Property taxes in Huntingdon are calculated based on the tax assessed value, often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Huntingdon'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 Huntingdon 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
Huntingdon, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.1%
Estimate Property Tax Bill
$933
Ownwell’s Huntingdon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Huntingdon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Huntingdon 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 Huntingdon, Pennsylvania
Property taxes in Huntingdon, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Huntingdon is 6.10%, significantly higher than the U.S. national median of 0.99%. Local government entities within Huntingdon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Huntingdon 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 Huntingdon's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16652 has both the highest and lowest median property tax rate of 6.10%. Understanding how these cities compare with Huntingdon provides valuable insights into the varying tax landscape across Huntingdon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Huntingdon Tax Rate
6.10%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Huntingdon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16652 | 0.62% | 5.13% | 6.10% | 6.18% | 6.22% |
Source: Ownwell
Property Tax Assessment Values Across Huntingdon, Pennsylvania
In Huntingdon, 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 county 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. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Huntingdon, the zip code with the highest median tax bill is 16652, with a tax bill of $787, while the lowest median tax bill is also in the same zip code, 16652, at $787.
Average Huntingdon Assessed Value
$15,300
Average Huntingdon County Assessed Value
$15,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Huntingdon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16652 | $5,100 | $7,950 | $15,300 | $29,200 | $43,200 |
Source: Ownwell
Property Tax Bills Across Huntingdon, Pennsylvania
In Huntingdon, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Huntingdon, the median home price is $15,300. The property tax rate in this region is 0.99%, which aligns with the national median property tax rate. Homeowners in Huntingdon can expect their tax bills to vary significantly based on their property's value. For example, those in the 25th percentile pay around $383 annually, while those in the 75th percentile pay about $1,537. At the 90th percentile, the tax bill can reach up to $2,432. The highest and lowest median tax bills in the area are both $787, specifically in the 16652 zip code. These property tax bills can impact homeowners by influencing their overall housing costs, potentially affecting affordability and long-term financial planning.
Average Huntingdon Tax Bill
$787
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Huntingdon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16652 | $142 | $383 | $787 | $1,537 | $2,432 |
Source: Ownwell