Saltillo, Pennsylvania Property Taxes
The median property tax rate in Saltillo, PA is 6.12%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $18,600 in Saltillo, the typical annual property tax bill amounts to $1,139, surpassing the national median of $2,690. Property taxes in Saltillo are determined based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Saltillo's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Saltillo or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saltillo, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.12%
Estimate Property Tax Bill
$1,138
Ownwell’s Saltillo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saltillo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saltillo 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 Saltillo, Pennsylvania
Property taxes in Saltillo, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saltillo is 6.12%, significantly higher than the U.S. national median of 0.99%. Local government entities within Saltillo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saltillo 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 Saltillo's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17253 has the highest median property tax rate of 6.12%, while the same zip code also has the lowest median tax rate of 6.12%. Understanding how these areas compare with Saltillo 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 Saltillo Tax Rate
6.12%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saltillo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17253 | 6.12% | 6.12% | 6.12% | 6.12% | 6.12% |
Source: Ownwell
Property Tax Assessment Values Across Saltillo, Pennsylvania
In Saltillo, 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's 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 Saltillo, 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 Saltillo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Saltillo are both $1139, with the zip code 17253 reflecting this value.
Average Saltillo Assessed Value
$18,600
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 Saltillo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17253 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 |
Source: Ownwell
Property Tax Bills Across Saltillo, Pennsylvania
In Saltillo, property tax bills are calculated based on the assessed value of homes. The median home price in Saltillo is $18,600. Property taxes are determined by applying the local tax rate to this assessed value. For homeowners in Saltillo, the tax bill typically falls around $1,139, regardless of whether you're looking at the 25th, 75th, or 90th percentile, indicating a consistent tax rate across different property values. Several factors influence the tax bill, including property location within Huntingdon County and any applicable exemptions or deductions. The assessed value is a critical component, reflecting the market value of the property. This consistency in tax bills provides homeowners with a predictable financial obligation, which can be beneficial for budgeting. Compared to the national median property tax rate of 0.99%, Saltillo's rate is notably higher, reflecting the local government's revenue needs and spending priorities. This higher rate impacts homeowners by increasing their annual financial commitments.
Average Saltillo Tax Bill
$1,139
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Saltillo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17253 | $1,139 | $1,139 | $1,139 | $1,139 | $1,139 |
Source: Ownwell