Selinsgrove, Pennsylvania Property Taxes
The median property tax rate in Selinsgrove, PA is 2.44%, significantly 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, the typical annual property tax bill reaches $177, which is well 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
2.44%
Estimate Property Tax Bill
$177
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 2.44%, 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 2.44%, while the same zip code also has the lowest median tax rate of 2.44%. Understanding how these cities compare with Selinsgrove 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 Selinsgrove Tax Rate
2.44%
Average Union County Tax Rate
2.00%
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 | 2.44% | 2.44% | 2.44% | 2.44% | 2.44% |
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 the Union 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 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. For instance, the median home price is $7,250, and the 25th percentile tax bill is $131, while the 75th percentile tax bill is $241. 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.
Property Tax Assessment Values Across Selinsgrove, Pennsylvania
Source: Ownwell
$5,000
$112,450
$219,900
Average Selinsgrove Assessed Value
$7,250
Average Union County Assessed Value
$93,150
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 | $2,400 | $5,375 | $7,250 | $9,900 | $55,450 |
Source: Ownwell
Property Tax Bills Across Selinsgrove, Pennsylvania
In Selinsgrove, Union 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 property tax rate to determine the annual tax bill. For homeowners in Selinsgrove, the process involves considering various factors such as the home's size, location, and condition, which all contribute to its assessed value. The median home price in Selinsgrove is $7,250, and tax bills vary significantly across different percentiles. For instance, the tax bill at the 25th percentile is $131, while at the 75th percentile, it reaches $241. At the 90th percentile, homeowners might see a tax bill as high as $1,352. The highest and lowest median tax bills in the area are both $177, indicating a relatively consistent tax rate across different properties. Compared to the national median property tax rate of 0.99%, Selinsgrove's rates are quite unique, reflecting the local economic and real estate conditions. This system ensures that homeowners contribute fairly to community services based on their property's value.
Average Selinsgrove Tax Bill
$177
Average Union County Tax Bill
$1,656
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 | $59 | $131 | $177 | $241 | $1,352 |
Source: Ownwell