Freeburg, Pennsylvania Property Taxes
The median property tax rate in Freeburg, PA is 3.18%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Freeburg at $15,200, the typical annual property tax bill amounts to $484, which is considerably lower than the national median of $2,690. Property taxes in Freeburg are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Freeburg's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Freeburg or another part of Snyder County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Freeburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.18%
Estimate Property Tax Bill
$483
Ownwell’s Freeburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Freeburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Freeburg 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 Freeburg, Pennsylvania
Property taxes in Freeburg, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Freeburg is 3.18%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Freeburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Freeburg 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 Freeburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17827 has the highest median property tax rate of 3.18%, while the zip code 17827 also has the lowest median tax rate of 3.18%. Understanding how these cities compare with Freeburg provides valuable insights into the varying tax landscape across Snyder County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Freeburg Tax Rate
3.18%
Average Snyder County Tax Rate
2.51%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Freeburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17827 | 2.84% | 3.18% | 3.18% | 3.18% | 3.18% |
Source: Ownwell
Property Tax Assessment Values Across Freeburg, Pennsylvania
In Freeburg, 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 Snyder 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 Freeburg, 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 Freeburg is $15,200, with tax bills ranging from $317 at the 25th percentile to $954 at the 90th percentile. The zip code 17827 has the highest and lowest median tax bill at $484. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Freeburg Assessed Value
$15,200
Average Snyder County Assessed Value
$20,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Freeburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17827 | $7,470 | $10,040 | $15,200 | $23,480 | $31,110 |
Source: Ownwell
Property Tax Bills Across Freeburg, Pennsylvania
In Freeburg, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The tax rate applied to this assessed value is crucial in determining the final tax bill. For homeowners in Freeburg, the property tax bill varies significantly, with the 25th percentile at $317 and the 75th percentile reaching $736. At the 90th percentile, homeowners might see tax bills as high as $954, reflecting higher assessed property values. Several factors influence these calculations, including the home's market value, any applicable exemptions, and the local tax rate set by Snyder County. A median home price of $15,200 in Freeburg means that even slight changes in the assessed value or tax rate can significantly impact the annual tax bill. Compared to the national median property tax rate of 0.99%, Freeburg's property tax bills can present a considerable expense for homeowners, affecting their overall financial planning and homeownership costs.
Average Freeburg Tax Bill
$484
Average Snyder County Tax Bill
$582
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Freeburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17827 | $238 | $317 | $484 | $736 | $954 |
Source: Ownwell