Mapleton Depot, Pennsylvania Property Taxes
The median property tax rate in Mapleton Depot, PA is 5.28%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Mapleton Depot at $14,600, the typical annual property tax bill reaches $734, which, while lower than the national median of $2,690, reflects the high tax rate. Property taxes in Mapleton Depot are calculated based on the tax assessed value, which often falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding Mapleton Depot'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 Mapleton Depot or another part of Huntingdon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mapleton Depot, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.28%
Estimate Property Tax Bill
$771
Ownwell’s Mapleton Depot Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mapleton Depot with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mapleton Depot 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 Mapleton Depot, Pennsylvania
Property taxes in Mapleton Depot, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mapleton Depot stands at 5.28%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mapleton Depot set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mapleton Depot 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 Mapleton Depot's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 17052 zip code has both the highest and lowest median property tax rate of 5.28%. Understanding how these cities compare with Mapleton Depot 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 Mapleton Depot Tax Rate
5.28%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mapleton Depot, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17052 | 5.13% | 5.13% | 5.28% | 5.28% | 5.32% |
Source: Ownwell
Property Tax Assessment Values Across Mapleton Depot, Pennsylvania
In Mapleton Depot, 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 local 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. Assessment notices in Mapleton Depot 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. The median home price in Mapleton Depot is $14,600, with tax bills ranging from $498 at the 25th percentile to $1,919 at the 90th percentile. The zip code 17052 has the highest and lowest median tax bill of $734. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mapleton Depot, Pennsylvania
Source: Ownwell
$3,800
$22,350
$40,900
Average Mapleton Depot Assessed Value
$14,600
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 Mapleton Depot, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17052 | $6,080 | $9,850 | $14,600 | $23,825 | $36,060 |
Source: Ownwell
Property Tax Bills Across Mapleton Depot, Pennsylvania
In Mapleton Depot, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For instance, the median home price in Mapleton Depot is $14,600, and the property tax rate in Huntingdon County can lead to tax bills ranging from $498 at the 25th percentile to $1,919 at the 90th percentile. Compared to the national median property tax rate of 0.99%, Mapleton Depot's tax rate can be a significant consideration for homeowners. A higher assessed value or local tax rate can result in a higher tax bill, affecting the overall cost of homeownership. Homeowners in the area must be aware of these factors to budget effectively and potentially seek property tax exemptions or appeals to manage their expenses better.
Average Mapleton Depot Tax Bill
$734
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mapleton Depot, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17052 | $128 | $498 | $734 | $1,243 | $1,919 |
Source: Ownwell