Johnstown, Pennsylvania Property Taxes
The median property tax rate in Johnstown, PA is 2.47%, considerably higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Johnstown at $46,800, the typical annual property tax bill reaches $1,154, exceeding the national median of $2,690. Property taxes in Johnstown 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 Johnstown'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 Johnstown or another part of Somerset County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Johnstown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.47%
Estimate Property Tax Bill
$1,156
Ownwell’s Johnstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Johnstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Johnstown 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 Johnstown, Pennsylvania
Property taxes in Johnstown, PA, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Johnstown is 2.47%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Johnstown set these rates annually, and they can vary considerably across different neighborhoods. Each year, Johnstown 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 Johnstown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15901 zip code has the highest median property tax rate of 2.47%, while the 15905 zip code has the lowest median tax rate of 2.47%. Understanding how these cities compare with Johnstown provides valuable insights into the varying tax landscape across Somerset County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Johnstown Tax Rate
2.47%
Average Somerset County Tax Rate
2.69%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Johnstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15901 | 2.47% | 2.47% | 2.47% | 2.47% | 2.47% |
| 15905 | 2.47% | 2.47% | 2.47% | 2.47% | 2.47% |
Source: Ownwell
Property Tax Assessment Values Across Johnstown, Pennsylvania
In Johnstown, 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 Somerset 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 Johnstown, 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 Johnstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Johnstown is $1,796 in the 15901 zip code, while the lowest is $1,154 in the 15905 zip code.
Average Johnstown Assessed Value
$46,800
Average Somerset County Assessed Value
$50,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Johnstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15901 | $72,800 | $72,800 | $72,800 | $72,800 | $72,800 |
| 15905 | $22,424 | $33,000 | $46,800 | $64,440 | $90,552 |
Source: Ownwell
Property Tax Bills Across Johnstown, Pennsylvania
In Johnstown, Somerset County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Johnstown experience varying tax bills depending on the assessed value of their property and the specific tax rate applied. Several factors influence the tax bill, including the property's location within different zip codes. For instance, the highest median tax bill in Johnstown is $1,796 in the 15901 zip code, while the lowest median tax bill is $1,154 in the 15905 zip code. These figures reflect the differences in property values and local tax rates across the city. Homeowners in Johnstown face tax bills that range from $814 at the 25th percentile to $2,232 at the 90th percentile. Compared to the national median property tax rate of 0.99%, Johnstown's property taxes can significantly impact homeowners, particularly those with higher assessed property values.
Average Johnstown Tax Bill
$1,154
Average Somerset County Tax Bill
$1,299
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Johnstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15901 | $1,796 | $1,796 | $1,796 | $1,796 | $1,796 |
| 15905 | $553 | $814 | $1,154 | $1,590 | $2,233 |
Source: Ownwell