Gastonville, Pennsylvania Property Taxes
The median property tax rate in Gastonville, PA is 1.88%, 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 Gastonville, the typical annual property tax bill reaches $1,924, which is below the national median of $2,690. Property taxes in Gastonville 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 Gastonville'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 Gastonville 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
Gastonville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.88%
Estimate Property Tax Bill
$1,925
Ownwell’s Gastonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gastonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gastonville 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 Gastonville, Pennsylvania
Property taxes in Gastonville, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Gastonville is 1.88%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Gastonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gastonville 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 Gastonville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15336 zip code has both the highest and lowest median property tax rate of 1.88%. Understanding how these areas compare with Gastonville provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gastonville Tax Rate
1.88%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gastonville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15336 | 1.88% | 1.88% | 1.88% | 1.88% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Gastonville, Pennsylvania
In Gastonville, 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 Washington 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 Gastonville, 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 Gastonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 15336, with a median tax bill of $1,924, which is above the national median property tax rate of 0.99%.
Property Tax Assessment Values Across Gastonville, Pennsylvania
Source: Ownwell
$19,250
$193,475
$367,700
Average Gastonville Assessed Value
$102,400
Average Washington County Assessed Value
$129,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gastonville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15336 | $45,900 | $76,775 | $102,400 | $136,925 | $159,800 |
Source: Ownwell
Property Tax Bills Across Gastonville, Pennsylvania
In Gastonville, located in Washington County, PA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the local tax assessor and is a percentage of the property's market value. Homeowners in Gastonville typically see a range of property tax bills. For instance, at the 25th percentile, the tax bill is around $1,442, while at the 75th percentile, it rises to approximately $2,572. The 90th percentile tax bill can reach up to $3,002. These figures demonstrate how property taxes can vary significantly depending on the assessed value of the property. Comparing these values to the national median property tax rate of 0.99%, Gastonville's property taxes can be considered relatively high. Homeowners need to be aware of these costs as they can significantly impact the overall affordability of owning a home in this area. Understanding how these taxes are calculated and the factors involved can help homeowners better manage their financial planning.
Average Gastonville Tax Bill
$1,924
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Gastonville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15336 | $862 | $1,442 | $1,924 | $2,572 | $3,002 |
Source: Ownwell