Selinsgrove, Pennsylvania Property Taxes
The median property tax rate in Selinsgrove, PA is 2.38%, considerably higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With the median home value in Selinsgrove at $22,990, the typical annual property tax bill reaches $672, which is significantly below the national median of $2,690. Property taxes in Selinsgrove 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 Selinsgrove'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 Selinsgrove 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
Selinsgrove, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.38%
Estimate Property Tax Bill
$547
Ownwell’s Selinsgrove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Selinsgrove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Selinsgrove 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 Selinsgrove, Pennsylvania
Property taxes in Selinsgrove, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Selinsgrove is 2.38%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Selinsgrove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Selinsgrove 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 Selinsgrove's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17870 zip code has the highest median property tax rate of 2.38%, while the same zip code also has the lowest median tax rate of 2.38%. Understanding how these areas compare with Selinsgrove 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 Selinsgrove Tax Rate
2.38%
Average Snyder County Tax Rate
2.51%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Selinsgrove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17870 | 2.33% | 2.38% | 2.38% | 4.48% | 4.48% |
Source: Ownwell
Property Tax Assessment Values Across Selinsgrove, Pennsylvania
In Selinsgrove, 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 local authorities 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 Selinsgrove, 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 Selinsgrove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Selinsgrove is $22,990, with tax bills ranging from $440 at the 25th percentile to $1,220 at the 90th percentile. The zip code 17870 has the highest median tax bill at $672.
Average Selinsgrove Assessed Value
$22,990
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 Selinsgrove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17870 | $7,670 | $12,570 | $22,990 | $34,200 | $44,102 |
Source: Ownwell
Property Tax Bills Across Selinsgrove, Pennsylvania
In Selinsgrove, located in Snyder County, PA, property tax bills are calculated based on the assessed value of a home. The local tax authorities determine this assessed value, which is not necessarily the same as the market value. Once the assessed value is established, a tax rate is applied to calculate the annual property tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions or deductions. For instance, the median home price in Selinsgrove is $22,990, and the annual property tax bill ranges from the 25th percentile at $440 to the 90th percentile at $1,220. This variability highlights how different factors can significantly impact the tax amount. Compared to the national median property tax rate of 0.99%, homeowners in Selinsgrove experience varying tax burdens depending on their property's assessed value and any local tax policies. Understanding these elements can help homeowners better anticipate their annual property tax obligations and make informed financial decisions.
Average Selinsgrove Tax Bill
$672
Average Snyder County Tax Bill
$582
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Selinsgrove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17870 | $251 | $440 | $672 | $951 | $1,220 |
Source: Ownwell