Mount Pleasant Mills, Pennsylvania Property Taxes
The median property tax rate in Mount Pleasant Mills, PA is 9.80%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Mount Pleasant Mills at $19,245, the typical annual property tax bill reaches $1,914, which is below the national median of $2,690. Property taxes in Mount Pleasant Mills are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Mount Pleasant Mills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Mount Pleasant Mills 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
Mount Pleasant Mills, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
9.8%
Estimate Property Tax Bill
$1,886
Ownwell’s Mount Pleasant Mills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mount Pleasant Mills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mount Pleasant Mills 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 Mount Pleasant Mills, Pennsylvania
Property taxes in Mount Pleasant Mills, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mount Pleasant Mills is 9.80%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mount Pleasant Mills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mount Pleasant Mills 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 Mount Pleasant Mills's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17853 zip code has the highest median property tax rate of 9.80%, while the same zip code also has the lowest median tax rate of 9.80%. Understanding how these areas compare with Mount Pleasant Mills 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 Mount Pleasant Mills Tax Rate
9.80%
Average Juniata County Tax Rate
9.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mount Pleasant Mills, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17853 | 9.80% | 9.80% | 9.80% | 9.80% | 9.84% |
Source: Ownwell
Property Tax Assessment Values Across Mount Pleasant Mills, Pennsylvania
In Mount Pleasant Mills, 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 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 Mount Pleasant Mills, 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 Mount Pleasant Mills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,914 in zip code 17853, which is also the lowest median tax bill, highlighting a consistent tax landscape within the region.
Property Tax Assessment Values Across Mount Pleasant Mills, Pennsylvania
Source: Ownwell
$9,205
$15,013
$20,820
Average Mount Pleasant Mills Assessed Value
$19,245
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 Mount Pleasant Mills, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17853 | $6,953 | $10,518 | $19,245 | $25,318 | $36,132 |
Source: Ownwell
Property Tax Bills Across Mount Pleasant Mills, Pennsylvania
In Mount Pleasant Mills, located in Juniata County, PA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the local tax assessor and is a percentage of the property's market value. Various factors, such as the property's size, location, and condition, contribute to this assessment. Once the assessed value is established, the local tax rate, or millage rate, is applied to calculate the annual property tax bill. For homeowners in Mount Pleasant Mills, the median home price is $19,245. Property tax bills in the area can vary significantly, with the 25th percentile at $1,121 and the 75th percentile at $2,516. At the 90th percentile, tax bills can reach up to $3,680. Comparatively, the national median property tax rate is 0.99%, which highlights the variability in tax burdens across different regions. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Mount Pleasant Mills Tax Bill
$1,914
Average Juniata County Tax Bill
$1,779
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mount Pleasant Mills, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17853 | $693 | $1,121 | $1,914 | $2,516 | $3,680 |
Source: Ownwell