New Philadelphia, Pennsylvania Property Taxes
The median property tax rate in New Philadelphia, PA is 3.43%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in New Philadelphia at $34,778, the typical annual property tax bill reaches $1,162, exceeding the national median of $2,690. Property taxes in New Philadelphia 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 New Philadelphia'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 New Philadelphia 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
New Philadelphia, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.43%
Estimate Property Tax Bill
$1,193
Ownwell’s New Philadelphia Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in New Philadelphia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in New Philadelphia 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 New Philadelphia, Pennsylvania
Property taxes in New Philadelphia, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in New Philadelphia is 3.43%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within New Philadelphia set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Philadelphia 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 New Philadelphia's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17959 has the highest median property tax rate of 3.43%, while the same zip code also has the lowest median tax rate of 3.43%. Understanding how these areas compare with New Philadelphia 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 New Philadelphia Tax Rate
3.43%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across New Philadelphia, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17959 | 2.98% | 2.98% | 3.43% | 3.43% | 3.43% |
Source: Ownwell
Property Tax Assessment Values Across New Philadelphia, Pennsylvania
In New Philadelphia, 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 New Philadelphia, 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. For example, the highest median tax bill in the area is $1,162 in the 17959 zip code. Being aware of these valuation processes in New Philadelphia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across New Philadelphia, Pennsylvania
Source: Ownwell
$9,495
$82,393
$155,290
Average New Philadelphia Assessed Value
$34,778
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 New Philadelphia, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17959 | $20,814 | $27,218 | $34,778 | $51,608 | $92,778 |
Source: Ownwell
Property Tax Bills Across New Philadelphia, Pennsylvania
In New Philadelphia, Schuylkill County, PA, property tax bills are determined based on the assessed value of a home and the local tax rate. The median home price in this area is $34,778. The property tax rate is applied to this assessed value to calculate the annual tax bill. For homeowners, the 25th percentile tax bill is around $919, while the 75th percentile tax bill is approximately $1,756. At the higher end, the 90th percentile tax bill reaches $3,157. Several factors influence the tax bill, including the property's assessed value, any applicable exemptions, and the local tax rate set by the county. Comparing this to the national median property tax rate of 0.99%, homeowners in New Philadelphia can see how their tax obligations align with national trends. Understanding these factors helps homeowners anticipate their annual tax expenses and manage their finances more effectively.
Average New Philadelphia Tax Bill
$1,162
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across New Philadelphia, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17959 | $653 | $919 | $1,162 | $1,756 | $3,157 |
Source: Ownwell