Salladasburg, Pennsylvania Property Taxes
The median property tax rate in Salladasburg, PA is 2.55%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Salladasburg at $68,960, the typical annual property tax bill reaches $1,757, which is below the national median of $2,690. Property taxes in Salladasburg 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 Salladasburg'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 Salladasburg 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
Salladasburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.55%
Estimate Property Tax Bill
$1,758
Ownwell’s Salladasburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Salladasburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Salladasburg 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 Salladasburg, Pennsylvania
Property taxes in Salladasburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Salladasburg is 2.55%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Salladasburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Salladasburg 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 Salladasburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17740 zip code has the highest median property tax rate of 2.55%, while the 17740 zip code also has the lowest median tax rate of 2.55%. Understanding how these cities compare with Salladasburg provides valuable insights into the varying tax landscape across Lycoming County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Salladasburg Tax Rate
2.55%
Average Lycoming County Tax Rate
2.61%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Salladasburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17740 | 2.55% | 2.55% | 2.55% | 2.55% | 2.55% |
Source: Ownwell
Property Tax Assessment Values Across Salladasburg, Pennsylvania
In Salladasburg, 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 Lycoming 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 Salladasburg, 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 Salladasburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Salladasburg are both $1,757, found in the zip code 17740.
Property Tax Assessment Values Across Salladasburg, Pennsylvania
Source: Ownwell
$10,885
$65,940
$120,995
Average Salladasburg Assessed Value
$68,960
Average Lycoming County Assessed Value
$87,660
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Salladasburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17740 | $39,048 | $50,265 | $68,960 | $84,930 | $94,512 |
Source: Ownwell
Property Tax Bills Across Salladasburg, Pennsylvania
In Salladasburg, located in Lycoming County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, the median home price in Salladasburg is $68,960. Homeowners in the 25th percentile can expect a tax bill around $1,280, while those in the 75th percentile might see a bill closer to $2,163. The 90th percentile of homeowners face tax bills as high as $2,407. Factors such as property size, location, and improvements can influence the assessed value, thus affecting the tax bill. Compared to the national median property tax rate of 0.99%, homeowners in Salladasburg may find their tax rates and bills to be relatively moderate. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan their finances accordingly.
Average Salladasburg Tax Bill
$1,757
Average Lycoming County Tax Bill
$2,556
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Salladasburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17740 | $995 | $1,280 | $1,757 | $2,163 | $2,407 |
Source: Ownwell