New Ringgold, Pennsylvania Property Taxes
The median property tax rate in New Ringgold, PA is 3.08%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in New Ringgold at $89,521, the typical annual property tax bill reaches $2,816, surpassing the national median of $2,690. Property taxes in New Ringgold 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 New Ringgold'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 Ringgold 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
New Ringgold, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.08%
Estimate Property Tax Bill
$2,757
Ownwell’s New Ringgold Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in New Ringgold with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in New Ringgold 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 Ringgold, Pennsylvania
Property taxes in New Ringgold, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in New Ringgold is 3.08%, significantly higher than the U.S. national median of 0.99%. Local government entities within New Ringgold set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Ringgold 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 Ringgold's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17960 zip code has the highest median property tax rate of 3.08%, while the 17960 zip code also has the lowest median tax rate of 3.08%. Understanding how these cities compare with New Ringgold 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 Ringgold Tax Rate
3.08%
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 Ringgold, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17960 | 3.08% | 3.08% | 3.08% | 3.19% | 3.19% |
Source: Ownwell
Property Tax Assessment Values Across New Ringgold, Pennsylvania
In New Ringgold, 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 Ringgold, 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. Being aware of these valuation processes in New Ringgold helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,816, specifically in the zip code 17960.
Property Tax Assessment Values Across New Ringgold, Pennsylvania
Source: Ownwell
$9,495
$82,393
$155,290
Average New Ringgold Assessed Value
$89,521
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 Ringgold, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17960 | $33,918 | $51,328 | $89,521 | $136,272 | $185,968 |
Source: Ownwell
Property Tax Bills Across New Ringgold, Pennsylvania
In New Ringgold, located in Schuylkill County, PA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the local tax assessor and is a percentage of the property's market value. Once the assessed value is established, it is multiplied by the local property tax rate to determine the annual tax bill. Several factors influence the tax bill, including the property's location, size, and improvements. For example, the median home price in New Ringgold is $89,521. Homeowners in the 25th percentile can expect a tax bill around $1,639, while those in the 75th percentile may see bills as high as $4,265. For the top 10% of homeowners, tax bills can reach up to $5,820. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Homeowners must budget for these taxes as part of their annual expenses, with the local tax rate playing a crucial role in the overall cost of owning property in New Ringgold.
Average New Ringgold Tax Bill
$2,816
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 Ringgold, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17960 | $1,061 | $1,639 | $2,816 | $4,265 | $5,820 |
Source: Ownwell