Middleport, Pennsylvania Property Taxes
The median property tax rate in Middleport, PA is 3.18%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Middleport, the typical annual property tax bill reaches $1,173, exceeding the national median of $2,690. Property taxes in Middleport 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 Middleport'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 Middleport 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
Middleport, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.18%
Estimate Property Tax Bill
$1,174
Ownwell’s MIDDLEPORT Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MIDDLEPORT with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MIDDLEPORT 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 Middleport, Pennsylvania
Property taxes in Middleport, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Middleport is 3.18%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Middleport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Middleport 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 Middleport's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17953 zip code has the highest median property tax rate of 3.18%, while the 17953 zip code has the lowest median tax rate of 3.18%. Understanding how these cities compare with Middleport 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 Middleport Tax Rate
3.18%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Middleport, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17953 | 3.18% | 3.18% | 3.18% | 3.18% | 3.18% |
Source: Ownwell
Property Tax Assessment Values Across Middleport, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Middleport, Pennsylvania. 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 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 Middleport, 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. For example, the median home price in Middleport is $36,920, with tax bills ranging from $877 at the 25th percentile to $2,358 at the 90th percentile. The highest and lowest median tax bills are both $1,173 in the 17953 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage their tax burden effectively.
Average Middleport Assessed Value
$36,920
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 Middleport, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17953 | $23,314 | $27,625 | $36,920 | $49,475 | $74,256 |
Source: Ownwell
Property Tax Bills Across Middleport, Pennsylvania
In Middleport, Schuylkill County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition. For homeowners in Middleport, the median home price is $36,920. This results in a range of property tax bills, with the 25th percentile at $877 and the 75th percentile at $1,564. The tax bill can go as high as $2,358 for those in the 90th percentile. Comparatively, the highest and lowest median tax bills in the area are both $1,173, found in the 17953 zip code. These property taxes significantly impact homeowners by affecting their monthly mortgage payments and overall housing affordability. Given that the national median property tax rate is 0.99%, homeowners in Middleport must consider these local rates when budgeting for their annual expenses.
Average Middleport Tax Bill
$1,173
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Middleport, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17953 | $740 | $877 | $1,173 | $1,564 | $2,358 |
Source: Ownwell