Saxton, Pennsylvania Property Taxes
The median property tax rate in Saxton, PA is 6.51%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Saxton at $14,150, the typical annual property tax bill reaches $741. Property taxes in Saxton 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 Saxton'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 Saxton 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
Saxton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.51%
Estimate Property Tax Bill
$921
Ownwell’s Saxton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saxton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saxton 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 Saxton, Pennsylvania
Property taxes in Saxton, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saxton is 6.51%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Saxton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saxton 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 Saxton's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16678 zip code has the highest median property tax rate of 6.51%, while the 16678 zip code has the lowest median tax rate of 6.51%. Understanding how these cities compare with Saxton 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 Saxton Tax Rate
6.51%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saxton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16678 | 6.32% | 6.50% | 6.51% | 6.65% | 6.65% |
Source: Ownwell
Property Tax Assessment Values Across Saxton, Pennsylvania
In Saxton, 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 Huntingdon 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 Saxton, 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. Saxton's median home price is $14,150, and the median tax bill can range significantly. For instance, the 25th percentile tax bill is $364, while the 75th percentile tax bill is $1,611. Notably, the highest and lowest median tax bills are both $741 in zip code 16678. Being aware of these valuation processes in Saxton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saxton Assessed Value
$14,150
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 Saxton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16678 | $3,550 | $6,675 | $14,150 | $27,775 | $40,880 |
Source: Ownwell
Property Tax Bills Across Saxton, Pennsylvania
In Saxton, property tax bills are calculated based on the assessed value of a home, which is determined by the county. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Saxton, the median home price is $14,150, which significantly influences the tax calculations. Several factors contribute to the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. The tax bill can vary widely, with the 25th percentile paying around $364 annually, while those in the 75th percentile see bills closer to $1,611. The 90th percentile of homeowners may face tax bills as high as $2,544. Compared to the national median property tax rate of 0.99%, Saxton's property tax bills are relatively modest, reflecting the lower property values in the area. However, these taxes still represent a significant expense for homeowners, impacting their monthly budgets and overall financial planning.
Average Saxton Tax Bill
$741
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Saxton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16678 | $163 | $364 | $741 | $1,611 | $2,544 |
Source: Ownwell