Locustdale, Pennsylvania Property Taxes
The median property tax rate in Locustdale, PA is 3.64%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Locustdale at $25,460, the typical annual property tax bill is $927, which is below the national median of $2,690. Property taxes in Locustdale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Locustdale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Locustdale or another part of Schuylkill County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Locustdale, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.64%
Estimate Property Tax Bill
$927
Ownwell’s Locustdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Locustdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Locustdale 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 Locustdale, Pennsylvania
Property taxes in Locustdale, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Locustdale is 3.64%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Locustdale set these rates annually, and they can vary across different neighborhoods. Each year, Locustdale 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 Locustdale's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17945 has the highest median property tax rate of 3.64%, while the same zip code also has the lowest median tax rate of 3.64%. Understanding how these cities compare with Locustdale provides valuable insights into the varying tax landscape across Schuylkill County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Locustdale Tax Rate
3.64%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Locustdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17945 | 3.64% | 3.64% | 3.64% | 3.64% | 3.64% |
Source: Ownwell
Property Tax Assessment Values Across Locustdale, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Locustdale, PA. The market value represents 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 local county appraisal district 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 Locustdale, 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. The median home price in Locustdale is $25,460, with tax bills ranging from $638 at the 25th percentile to $1,243 at the 90th percentile. The zip code with both the highest and lowest median tax bills is 17945, with a median tax bill of $927. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Locustdale Assessed Value
$25,460
Average Schuylkill County Assessed Value
$47,370
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Locustdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17945 | $7,430 | $17,540 | $25,460 | $32,820 | $34,150 |
Source: Ownwell
Property Tax Bills Across Locustdale, Pennsylvania
In Locustdale, Schuylkill County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $25,460. Property taxes are determined by multiplying the assessed value by the local tax rate, which is influenced by various factors such as local government budgets, school district funding needs, and other community services. For homeowners in Locustdale, the tax bill can vary significantly. The tax bill at the 25th percentile is $638, while at the 75th percentile, it rises to $1,194. The 90th percentile tax bill is $1,243. These variations depend on the specific assessed value of the property and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Locustdale's rates reflect the specific economic and budgetary needs of Schuylkill County. Homeowners need to be aware of these factors as they can impact their annual financial planning and overall cost of homeownership.
Average Locustdale Tax Bill
$927
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Locustdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17945 | $270 | $638 | $927 | $1,194 | $1,243 |
Source: Ownwell