Marianna, Pennsylvania Property Taxes
The median property tax rate in Marianna, PA is 1.52%, 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 Marianna at $51,750, the typical annual property tax bill reaches $807, which is below the national median of $2,690. Property taxes in Marianna 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 Marianna'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 Marianna 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
Marianna, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.52%
Estimate Property Tax Bill
$787
Ownwell’s Marianna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marianna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marianna 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 Marianna, Pennsylvania
Property taxes in Marianna, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marianna is 1.52%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Marianna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marianna 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 Marianna's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15345 has the highest median property tax rate of 1.52%, while the same zip code also has the lowest median tax rate of 1.52%. Understanding how these cities compare with Marianna 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 Marianna Tax Rate
1.52%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marianna, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15345 | 1.52% | 1.52% | 1.52% | 1.71% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Marianna, Pennsylvania
In Marianna, 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. 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 Marianna helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Marianna, the median home price is $51,750, with tax bills ranging from $558 at the 25th percentile to $2,700 at the 90th percentile. Interestingly, the highest and lowest median tax bills are both $807 in the 15345 zip code.
Average Marianna Assessed Value
$51,750
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 Marianna, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15345 | $24,730 | $33,175 | $51,750 | $119,050 | $173,670 |
Source: Ownwell
Property Tax Bills Across Marianna, Pennsylvania
In Marianna, Washington County, PA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. For instance, if your home is valued at the median home price of $51,750, your tax bill will be calculated based on this assessed value. Several factors influence the final tax bill, including the property's location, size, and any improvements made. Homeowners in Marianna can expect their tax bills to vary significantly. For example, the 25th percentile tax bill is around $558, while those in the 75th percentile see bills closer to $1,815. The highest tax bills, at the 90th percentile, can reach up to $2,700. Comparatively, the national median property tax rate is 0.99%, making Marianna's property tax landscape relatively moderate. These taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents.
Average Marianna Tax Bill
$807
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Marianna, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15345 | $403 | $558 | $807 | $1,815 | $2,700 |
Source: Ownwell