Harford, Pennsylvania Property Taxes
The median property tax rate in Harford, PA is 3.07%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Harford at $57,600, the typical annual property tax bill is $1,771, surpassing the national median of $2,690. Property taxes in Harford are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Harford'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 Harford or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Harford, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.07%
Estimate Property Tax Bill
$1,768
Ownwell's HARFORD Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in HARFORD with just two key pieces of information. By inputting your property's estimated assessed value, the calculator uses the median tax rate in HARFORD to provide an estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in more granular details, localized information is available by scrolling down. Your property's assessed value, assigned by the county for tax calculations, takes into account any applicable exemptions.
Property Tax Rates Across Harford, Pennsylvania
Property taxes in Harford, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Harford is 3.07%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Harford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Harford 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 Harford's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18823 has the highest median property tax rate of 3.07%, while the same zip code also has the lowest median tax rate of 3.07%. Understanding how these areas compare with Harford provides valuable insights into the varying tax landscape across Susquehanna County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Harford Tax Rate
3.07%
Average Susquehanna County Tax Rate
3.31%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Harford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18823 | 3.07% | 3.07% | 3.07% | 3.07% | 3.07% |
Source: Ownwell
Property Tax Assessment Values Across Harford, Pennsylvania
In Harford, 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 Susquehanna 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 Harford, 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. The median home price in Harford is $57,600, with tax bills ranging from $1,419 at the 25th percentile to $2,659 at the 90th percentile. The zip code with the highest median tax bill is 18823, amounting to $1,771. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Harford Assessed Value
$57,600
Average Susquehanna County Assessed Value
$40,400
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Harford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18823 | $21,000 | $46,150 | $57,600 | $70,850 | $86,500 |
Source: Ownwell
Property Tax Bills Across Harford, Pennsylvania
In Harford, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the home's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Harford's property tax rate is relatively high compared to the national median property tax rate of 0.99%. For homeowners in Harford, the tax bill can vary significantly. For instance, the 25th percentile tax bill is $1,419, while the 75th percentile tax bill is $2,178. At the higher end, the 90th percentile tax bill reaches $2,659. These figures illustrate the range of property tax burdens that residents may face. The highest median tax bill in the area is $1,771, which is also the lowest, indicating a uniformity in tax rates within the zip code 18823. These property taxes are crucial for funding local services but can also impact homeowners' financial planning and overall housing affordability.
Average Harford Tax Bill
$1,771
Average Susquehanna County Tax Bill
$1,338
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Harford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18823 | $643 | $1,419 | $1,771 | $2,178 | $2,659 |
Source: Ownwell