Cowansville, Pennsylvania Property Taxes
The median property tax rate in Cowansville, PA is 2.83%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Cowansville at $87,420, the typical annual property tax bill reaches $2,257, which is below the national median of $2,690. Property taxes in Cowansville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Cowansville'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 Cowansville or another part of Armstrong County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cowansville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.83%
Estimate Property Tax Bill
$2,474
Ownwell’s Cowansville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cowansville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cowansville 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 Cowansville, Pennsylvania
Property taxes in Cowansville, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cowansville is 2.83%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Cowansville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cowansville 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 Cowansville's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 16218 zip code has the highest median property tax rate of 2.83%, while the same zip code also has the lowest median tax rate of 2.83%. Understanding how these cities compare with Cowansville provides valuable insights into the varying tax landscape across Armstrong County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cowansville Tax Rate
2.83%
Average Armstrong County Tax Rate
2.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cowansville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16218 | 2.32% | 2.32% | 2.83% | 2.83% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Cowansville, Pennsylvania
In Cowansville, 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 Armstrong 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 Cowansville, 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 Cowansville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Cowansville is $87,420, with tax bills ranging from $1,352 at the 25th percentile to $6,009 at the 90th percentile. The highest and lowest median tax bills are both $2,257 in the 16218 zip code.
Property Tax Assessment Values Across Cowansville, Pennsylvania
Source: Ownwell
$6,520
$107,245
$207,970
Average Cowansville Assessed Value
$87,420
Average Armstrong County Assessed Value
$84,270
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cowansville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16218 | $28,313 | $53,005 | $87,420 | $149,470 | $227,298 |
Source: Ownwell
Property Tax Bills Across Cowansville, Pennsylvania
In Cowansville, Armstrong County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. The assessed value is a percentage of the market value, reflecting the property's worth on the open market. Homeowners in Cowansville pay property taxes that can vary significantly. For instance, the tax bill at the 25th percentile is $1,352, while at the 75th percentile, it reaches $3,808, and at the 90th percentile, it can be as high as $6,009. The median home price in Cowansville is $87,420, and the median property tax bill in the area is $2,257. These taxes fund essential services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Homeowners need to be aware of these variations as they can significantly influence their annual expenses, making it crucial to understand how these bills are calculated and what factors affect them.
Average Cowansville Tax Bill
$2,257
Average Armstrong County Tax Bill
$2,533
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Cowansville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16218 | $743 | $1,352 | $2,257 | $3,808 | $6,009 |
Source: Ownwell