Bartonsville, Pennsylvania Property Taxes
The median property tax rate in Bartonsville, PA is 0.70%, considerably lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bartonsville at $131,875, the typical annual property tax bill reaches $889, significantly less than the national median of $2,690. Property taxes in Bartonsville 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 Bartonsville'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 Bartonsville 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
Bartonsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$923
Ownwell’s Bartonsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bartonsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bartonsville 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 Bartonsville, Pennsylvania
Property taxes in Bartonsville, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Bartonsville is 0.70%, which is lower than the U.S. national median of 0.99%. Local government entities within Bartonsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bartonsville 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 Bartonsville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18321 zip code has both the highest and lowest median property tax rate of 0.70%. Understanding how these areas compare with Bartonsville provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bartonsville Tax Rate
0.70%
Average Monroe County Tax Rate
0.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bartonsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18321 | 0.50% | 0.69% | 0.70% | 0.70% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Bartonsville, Pennsylvania
In Bartonsville, 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 Monroe 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 Bartonsville, 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 Bartonsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $889, found in the zip code 18321.
Property Tax Assessment Values Across Bartonsville, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Average Bartonsville Assessed Value
$131,875
Average Monroe County Assessed Value
$134,550
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bartonsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18321 | $51,790 | $99,842 | $131,875 | $168,445 | $237,735 |
Source: Ownwell
Property Tax Bills Across Bartonsville, Pennsylvania
In Bartonsville, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the local property tax rate. For homeowners in Bartonsville, the median home price stands at $131,875. Property tax bills can vary significantly, with the 25th percentile paying around $641 annually, while those in the 75th percentile see bills closer to $1,216. At the higher end, the 90th percentile of homeowners face tax bills up to $2,116. These property taxes fund essential local services such as schools, public safety, and infrastructure. The local property tax rate in Monroe County can be compared to the national median property tax rate of 0.99%. For Bartonsville homeowners, understanding these factors is crucial for financial planning and assessing the overall cost of homeownership in the area.
Average Bartonsville Tax Bill
$889
Average Monroe County Tax Bill
$814
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bartonsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18321 | $361 | $641 | $889 | $1,216 | $2,116 |
Source: Ownwell