Lewistown, Pennsylvania Property Taxes
The median property tax rate in Lewistown, PA is 9.49%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Lewistown at $19,890, the typical annual property tax bill reaches $1,888, which is lower than the national median of $2,690. Property taxes in Lewistown are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Lewistown'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 Lewistown or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lewistown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
9.49%
Estimate Property Tax Bill
$1,888
Ownwell’s Lewistown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lewistown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lewistown 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 Juniata County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Lewistown, Pennsylvania
Property taxes in Lewistown, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lewistown is 9.49%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Lewistown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lewistown 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 Lewistown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17044 zip code has the highest median property tax rate of 9.49%, while the same zip code has the lowest median tax rate of 9.49%. Understanding how these cities compare with Lewistown provides valuable insights into the varying tax landscape across Juniata County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lewistown Tax Rate
9.49%
Average Juniata County Tax Rate
9.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lewistown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17044 | 9.49% | 9.49% | 9.49% | 9.49% | 9.49% |
Source: Ownwell
Property Tax Assessment Values Across Lewistown, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Lewistown, PA. 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 Juniata 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 Lewistown, 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 instance, the median home price in Lewistown is $19,890, with tax bills ranging from $1,806 at the 25th percentile to $2,019 at the 90th percentile. Both the highest and lowest median tax bills are $1,888, found in the 17044 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Lewistown Assessed Value
$19,890
Average Juniata County Assessed Value
$17,920
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lewistown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17044 | $18,522 | $19,035 | $19,890 | $20,755 | $21,274 |
Source: Ownwell
Property Tax Bills Across Lewistown, Pennsylvania
In Lewistown, 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. For instance, with a median home price of $19,890, homeowners in Lewistown can expect their property tax bills to vary, with the 25th percentile at $1,806 and the 75th percentile at $1,970. The highest median tax bill in the area is recorded at $1,888 in the 17044 zip code. Several factors influence the assessed value, including the property's location, size, and condition. These property taxes significantly impact homeowners by contributing to local services such as schools, public safety, and infrastructure. With a tax rate that can lead to bills as high as $2,019 for the 90th percentile, understanding how these taxes are calculated can help homeowners better manage their finances and plan for future expenses.
Average Lewistown Tax Bill
$1,888
Average Juniata County Tax Bill
$1,779
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Lewistown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17044 | $1,758 | $1,806 | $1,888 | $1,970 | $2,019 |
Source: Ownwell