Mifflinburg, Pennsylvania Property Taxes
The median property tax rate in Mifflinburg, PA is 2.49%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Mifflinburg, the typical annual property tax bill reaches $307, significantly lower than the national median of $2,690. Property taxes in Mifflinburg 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 Mifflinburg'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 Mifflinburg 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
Mifflinburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.49%
Estimate Property Tax Bill
$307
Ownwell’s Mifflinburg Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Mifflinburg with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Mifflinburg to estimate your property tax bill. This valuable 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 Mifflinburg, Pennsylvania
Property taxes in Mifflinburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mifflinburg is 1.46%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Mifflinburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mifflinburg 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 Mifflinburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17844 zip code has the highest median property tax rate of 1.46%, while the same zip code also has the lowest median tax rate of 1.46%. Understanding how these cities compare with Mifflinburg provides valuable insights into the varying tax landscape across Union County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mifflinburg Tax Rate
2.49%
Average Snyder County Tax Rate
2.51%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mifflinburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17844 | 2.49% | 2.49% | 2.49% | 2.49% | 2.49% |
Source: Ownwell
Property Tax Assessment Values Across Mifflinburg, Pennsylvania
In Mifflinburg, 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 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 Mifflinburg, 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 Mifflinburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Mifflinburg is $123,300, with tax bills ranging from $235 at the 25th percentile to $422 at the 90th percentile. The zip code 17844 has the highest median tax bill of $307.
Average Mifflinburg Assessed Value
$12,330
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 Mifflinburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17844 | $7,706 | $9,440 | $12,330 | $15,220 | $16,954 |
Source: Ownwell
Property Tax Bills Across Mifflinburg, Pennsylvania
In Mifflinburg, located in Snyder County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by local government assessors. The assessed value typically reflects a percentage of the property's market value. Homeowners in Mifflinburg can expect their tax bills to vary significantly, with the 25th percentile tax bill at $235 and the 75th percentile at $379. The highest median tax bill in the area is $307, which is also the lowest, indicating a consistent median tax rate within the zip code 17844. Several factors influence the property tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners, these taxes are crucial as they directly impact the affordability of owning property in the area. Compared to the national median property tax rate of 0.99%, Mifflinburg’s property tax rates can be considered relatively moderate, affecting both new buyers and long-term residents in terms of their annual financial planning.
Average Mifflinburg Tax Bill
$307
Average Snyder County Tax Bill
$582
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mifflinburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17844 | $192 | $235 | $307 | $379 | $422 |
Source: Ownwell