Rowland, Pennsylvania Property Taxes
The median property tax rate in Rowland, PA is 2.87%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Rowland at $72,200, the typical annual property tax bill reaches $2,072, which is below the national median of $2,690. Property taxes in Rowland 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 Rowland'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 Rowland 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
Rowland, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.87%
Estimate Property Tax Bill
$2,072
Ownwell’s Rowland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rowland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rowland 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 Rowland, Pennsylvania
Property taxes in Rowland, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rowland is 2.87%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Rowland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rowland 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 Rowland's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18457 zip code has the highest median property tax rate of 2.87%, while the 18457 zip code also has the lowest median tax rate of 2.87%. Understanding how these cities compare with Rowland provides valuable insights into the varying tax landscape across Pike County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rowland Tax Rate
2.87%
Average Pike County Tax Rate
3.72%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rowland, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18457 | 2.87% | 2.87% | 2.87% | 2.87% | 2.87% |
Source: Ownwell
Property Tax Assessment Values Across Rowland, Pennsylvania
In Rowland, 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 Pike 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 Rowland, 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. The median home price in Rowland stands at $72,200, with tax bills ranging from $1,336 at the 25th percentile to $3,379 at the 75th percentile, and up to $5,018 at the 90th percentile. The highest and lowest median tax bills are both found in zip code 18457, with a value of $2,072. 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 Rowland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rowland Assessed Value
$72,200
Average Pike County Assessed Value
$106,483
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rowland, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18457 | $40,335 | $46,560 | $72,200 | $117,769 | $174,859 |
Source: Ownwell
Property Tax Bills Across Rowland, Pennsylvania
In Rowland, Pike County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is typically a percentage of the market value of the property. Homeowners in Rowland face varying tax bills depending on the value of their property. For instance, the median home price is $72,200. Tax bills in Rowland show significant variation. The 25th percentile tax bill is $1,336, indicating that 25% of homeowners pay this amount or less. On the higher end, the 75th percentile tax bill is $3,379, and those in the 90th percentile face bills up to $5,018. The highest median tax bill within the county is $2,072 in the 18457 zip code, which is notably higher than the national median property tax rate of 0.99%. These tax bills can significantly impact homeowners, influencing their annual budgets and overall financial planning.
Average Rowland Tax Bill
$2,072
Average Pike County Tax Bill
$3,676
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Rowland, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18457 | $1,158 | $1,336 | $2,072 | $3,379 | $5,018 |
Source: Ownwell