Orbisonia, Pennsylvania Property Taxes
The median property tax rate in Orbisonia, PA is 9.79%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Orbisonia at $9,205, the typical annual property tax bill reaches $901, still lower than the national median of $2,690. Property taxes in Orbisonia 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 Orbisonia'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 Orbisonia 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
Orbisonia, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
9.79%
Estimate Property Tax Bill
$901
Ownwell’s Orbisonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orbisonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orbisonia 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 Orbisonia, Pennsylvania
Property taxes in Orbisonia, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orbisonia is 9.79%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Orbisonia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orbisonia 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 Orbisonia's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17243 has the highest median property tax rate of 9.79%, while the same zip code also has the lowest median tax rate of 9.79%. Understanding how these cities compare with Orbisonia 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 Orbisonia Tax Rate
9.79%
Average Juniata County Tax Rate
9.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orbisonia, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17243 | 9.79% | 9.79% | 9.79% | 9.79% | 9.79% |
Source: Ownwell
Property Tax Assessment Values Across Orbisonia, Pennsylvania
In Orbisonia, 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 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 Orbisonia, 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 Orbisonia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $9,205, with tax bills ranging from $540 at the 25th percentile to $2,005 at the 90th percentile. The highest and lowest median tax bills in the area are both $901 in the 17243 zip code.
Average Orbisonia Assessed Value
$9,205
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 Orbisonia, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17243 | $3,423 | $5,520 | $9,205 | $14,698 | $22,270 |
Source: Ownwell
Property Tax Bills Across Orbisonia, Pennsylvania
In Orbisonia, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the market value of the property. The tax rate, also known as the millage rate, is applied to this assessed value to calculate the annual tax bill. The median home price in Orbisonia is $9,205, and the property tax rate in Juniata County is relatively high compared to the national median property tax rate of 0.99%. Homeowners in Orbisonia can expect tax bills ranging from $540 at the 25th percentile to $2,005 at the 90th percentile. These tax bills can significantly impact homeowners, as higher property taxes can increase the overall cost of homeownership. For instance, the highest median tax bill in the area is $901, which is substantial given the low median home price. Understanding these factors is crucial for homeowners to manage their finances effectively and plan for future expenses.
Average Orbisonia Tax Bill
$901
Average Juniata County Tax Bill
$1,779
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Orbisonia, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17243 | $324 | $540 | $901 | $1,439 | $2,005 |
Source: Ownwell