Starford, Pennsylvania Property Taxes
The median property tax rate in Starford, PA is 1.44%, considerably higher than the national median of 0.99% but lower than Pennsylvania’s state median of 2.81%. With a median home value of $55,200 in Starford, the typical annual property tax bill reaches $794, which is significantly below the national median of $2,690. Property taxes in Starford are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Starford'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 Starford 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
Starford, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.44%
Estimate Property Tax Bill
$795
Ownwell’s Starford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Starford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Starford 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 Starford, Pennsylvania
Property taxes in Starford, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Starford is 1.44%, significantly higher than the U.S. national median of 0.99%. Local government entities within Starford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Starford 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 Starford's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15777 zip code has the highest median property tax rate of 1.44%, while the same zip code also has the lowest median tax rate of 1.44%. Understanding how these cities compare with Starford 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 Starford Tax Rate
1.44%
Average Indiana County Tax Rate
2.03%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Starford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15777 | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Starford, Pennsylvania
In Starford, 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 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 Starford, 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 Starford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 15777, with a tax bill of $794.
Average Starford Assessed Value
$55,200
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 Starford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15777 | $9,380 | $32,950 | $55,200 | $72,000 | $113,240 |
Source: Ownwell
Property Tax Bills Across Starford, Pennsylvania
In Starford, Indiana County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. The median home price in Starford is $55,200. Property taxes are then calculated by applying the local tax rate to this assessed value. Various factors, such as home improvements and neighborhood changes, can influence the assessed value. For homeowners, this means that any increase in the assessed value can lead to a higher property tax bill. In Starford, the 25th percentile tax bill is $474, while the 75th percentile tax bill is $1,036, and the 90th percentile tax bill reaches up to $1,630. Comparatively, the national median property tax rate is 0.99%, making it essential for Starford homeowners to understand how local rates and assessed values impact their annual expenses. High property taxes can affect homeowners' budgets and the overall affordability of living in the area.
Average Starford Tax Bill
$794
Average Indiana County Tax Bill
$2,051
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Starford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15777 | $135 | $474 | $794 | $1,036 | $1,630 |
Source: Ownwell