Port Carbon, Pennsylvania Property Taxes
The median property tax rate in Port Carbon, PA is 3.70%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Port Carbon at $43,155, the typical annual property tax bill reaches $1,565, which is below the national median of $2,690. Property taxes in Port Carbon are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Port Carbon'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 Port Carbon 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
Port Carbon, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.7%
Estimate Property Tax Bill
$1,597
Ownwell’s Port Carbon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Port Carbon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Port Carbon 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 Port Carbon, Pennsylvania
Property taxes in Port Carbon, Pennsylvania, play a crucial role in funding essential local services including public schools, road maintenance, and emergency services. The median tax rate in Port Carbon is 3.70%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Port Carbon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Port Carbon 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 Port Carbon's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17965 zip code has the highest median property tax rate of 3.70%, while the same zip code also has the lowest median tax rate of 3.70%. Understanding how these cities compare with Port Carbon 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 Port Carbon Tax Rate
3.70%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Port Carbon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17965 | 2.84% | 3.70% | 3.70% | 3.70% | 3.70% |
Source: Ownwell
Property Tax Assessment Values Across Port Carbon, Pennsylvania
In Port Carbon, 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 Port Carbon, 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 Port Carbon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 17965 has both the highest and lowest median tax bill at $1,565, highlighting the uniformity in property tax assessments in this area.
Average Port Carbon Assessed Value
$43,155
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 Port Carbon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17965 | $26,850 | $33,988 | $43,155 | $57,918 | $79,433 |
Source: Ownwell
Property Tax Bills Across Port Carbon, Pennsylvania
In Port Carbon, Schuylkill County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's assessment office, which evaluates the property's market value. This value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Port Carbon, the median home price is $43,155, and property tax bills can vary significantly. The 25th percentile tax bill is $1,220, while the 75th percentile reaches $2,103. At the 90th percentile, homeowners might see tax bills as high as $2,809. These figures highlight the range of property tax obligations within the community. When compared to the national median property tax rate of 0.99%, Port Carbon's property tax rates may seem high, reflecting the specific financial needs and budget requirements of the local government. Homeowners must consider these taxes as part of their overall housing costs, which can significantly impact their financial planning and property affordability.
Average Port Carbon Tax Bill
$1,565
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Port Carbon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17965 | $908 | $1,220 | $1,565 | $2,103 | $2,809 |
Source: Ownwell