Kent, Pennsylvania Property Taxes
The median property tax rate in Kent, PA is 2.26%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Kent, the typical annual property tax bill reaches $1,589, exceeding the national median of $2,690. Property taxes in Kent are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kent'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 Kent 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
Kent, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.26%
Estimate Property Tax Bill
$1,588
Ownwell’s Kent Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kent with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kent 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 Kent, Pennsylvania
Property taxes in Kent, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kent is 2.26%, significantly higher than the U.S. national median of 0.99%. Local government entities within Kent set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kent 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 Kent's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15752 has both the highest and lowest median property tax rate of 2.26%. Understanding how these cities compare with Kent provides valuable insights into the varying tax landscape across Indiana County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kent Tax Rate
2.26%
Average Indiana County Tax Rate
2.03%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kent, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15752 | 2.26% | 2.26% | 2.26% | 2.26% | 2.27% |
Source: Ownwell
Property Tax Assessment Values Across Kent, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Kent, Pennsylvania. 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 Indiana 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 Kent, 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. For example, the highest median tax bill in Kent is $1,589 in the zip code 15752. 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 Kent helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kent Assessed Value
$70,250
Average Indiana County Assessed Value
$98,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kent, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15752 | $47,660 | $64,700 | $70,250 | $81,675 | $122,940 |
Source: Ownwell
Property Tax Bills Across Kent, Pennsylvania
In Kent, Indiana County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property's market value, location, and any improvements made to the property. For homeowners in Kent, the median home price is approximately $70,250. Property tax bills can vary significantly, with the 25th percentile tax bill being around $1,464 and the 75th percentile reaching up to $1,848. At the 90th percentile, homeowners might see tax bills as high as $2,781. These figures reflect the financial impact of property taxes on homeowners and highlight the importance of accurate property assessments and fair tax rates. Compared to the national median property tax rate of 0.99%, the tax burden in Kent can be quite variable, affecting homeowners differently depending on their property's assessed value and the specific tax rate applied.
Average Kent Tax Bill
$1,589
Average Indiana County Tax Bill
$2,051
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Kent, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15752 | $1,078 | $1,464 | $1,589 | $1,848 | $2,781 |
Source: Ownwell