Mary D, Pennsylvania Property Taxes
The median property tax rate in Mary D, PA is 3.37%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Mary D at $30,730, the typical annual property tax bill is $1,035, surpassing the national median of $2,690. Property taxes in Mary D are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mary D'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 Mary D 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
Mary D, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.37%
Estimate Property Tax Bill
$1,036
Ownwell’s MARY D Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MARY D with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MARY D 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 Mary D, Pennsylvania
Property taxes in Mary D, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Mary D is 3.37%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mary D set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mary D 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 Mary D's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17952 zip code has the highest median property tax rate of 3.37%, while the same zip code also has the lowest median tax rate of 3.37%. Understanding how these cities compare with Mary D 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 Mary D Tax Rate
3.37%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mary D, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17952 | 3.37% | 3.37% | 3.37% | 3.37% | 3.37% |
Source: Ownwell
Property Tax Assessment Values Across Mary D, Pennsylvania
In MARY D, 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 Schuylkill 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 MARY D, 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 MARY D is $30,730, with the 25th percentile tax bill at $782 and the 75th percentile tax bill at $1,346. The highest median tax bill is $1,035 in the 17952 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mary D Assessed Value
$30,730
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 Mary D, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17952 | $18,750 | $23,228 | $30,730 | $39,970 | $51,449 |
Source: Ownwell
Property Tax Bills Across Mary D, Pennsylvania
In Mary D, Schuylkill County, PA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is a percentage of the market value of the property, determined by the county's assessment office. This value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Mary D, the median home price is $30,730, which provides a baseline for understanding tax liabilities. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Homeowners in Mary D experience a range of tax bills, with the 25th percentile at $782 and the 75th percentile at $1,346. The highest median tax bill in the area is $1,035, while the lowest is also $1,035, indicating a consistent tax rate across the region. Compared to the national median property tax rate of 0.99%, homeowners in Mary D might find their tax rates relatively manageable, impacting their overall cost of homeownership.
Average Mary D Tax Bill
$1,035
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mary D, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17952 | $632 | $782 | $1,035 | $1,346 | $1,733 |
Source: Ownwell