Weikert, Pennsylvania Property Taxes
The median property tax rate in Weikert, PA is 1.33%, which is 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 Weikert at $145,200, the typical annual property tax bill reaches $1,936, falling below the national median of $2,690. Property taxes in Weikert are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Weikert'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 Weikert or another part of Union County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Weikert, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.33%
Estimate Property Tax Bill
$1,931
Ownwell’s Weikert Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Weikert with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Weikert 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 Weikert, Pennsylvania
Property taxes in Weikert, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Weikert is 1.33%, which is significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Weikert set these rates annually, and they can vary significantly across different neighborhoods. Each year, Weikert 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 Weikert's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17885 has both the highest and lowest median property tax rate of 1.33%. Understanding how these areas compare with Weikert 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 Weikert Tax Rate
1.33%
Average Union County Tax Rate
2.00%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weikert, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17885 | 1.33% | 1.33% | 1.33% | 1.33% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Weikert, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Weikert, Union County, PA. 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 local 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. Assessment notices in Weikert 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Weikert, the highest and lowest median tax bills are both $1936, found in the zip code 17885.
Average Weikert Assessed Value
$145,200
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 Weikert, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17885 | $145,200 | $145,200 | $145,200 | $145,200 | $145,200 |
Source: Ownwell
Property Tax Bills Across Weikert, Pennsylvania
In Weikert, Union County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The median home price in this area is $145,200. Homeowners in Weikert can expect a median property tax bill of $1,936, which aligns consistently across various percentiles, including the 25th, 75th, and 90th percentiles. To determine the tax bill, the assessed value of the property is multiplied by the local tax rate. Various factors can influence this assessed value, including the property's location, size, and condition. The resulting tax bill plays a significant role in a homeowner's annual expenses, impacting both budgeting and the overall cost of owning property. Given that the national median property tax rate is 0.99%, homeowners in Weikert should consider how their local tax rates compare to the national average to understand their financial obligations better.
Average Weikert Tax Bill
$1,936
Average Union County Tax Bill
$1,656
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Weikert, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17885 | $1,936 | $1,936 | $1,936 | $1,936 | $1,936 |
Source: Ownwell