New Bethlehem, Pennsylvania Property Taxes
The median property tax rate in New Bethlehem, PA is 2.02%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in New Bethlehem being $78,415, the typical annual property tax bill reaches $1,593, which is below the national median of $2,690. Property taxes in New Bethlehem 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 New Bethlehem'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 New Bethlehem 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
New Bethlehem, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.02%
Estimate Property Tax Bill
$1,584
Ownwell’s New Bethlehem Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in New Bethlehem with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in New Bethlehem 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 New Bethlehem, Pennsylvania
Property taxes in New Bethlehem, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in New Bethlehem is 2.02%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within New Bethlehem set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Bethlehem 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 New Bethlehem's effective property tax rate to other areas in Armstrong County and the national median. For comparison, the zip code 16242 has the highest median property tax rate of 2.02%, while the zip code 15613 has the lowest median tax rate of 1.88%. Understanding how these areas compare with New Bethlehem 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 New Bethlehem Tax Rate
2.02%
Average Armstrong County Tax Rate
2.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across New Bethlehem, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15613 | 1.88% | 1.88% | 1.88% | 1.88% | 1.88% |
| 16222 | N/A | N/A | N/A | N/A | N/A |
| 16242 | 1.88% | 2.02% | 2.02% | 2.02% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across New Bethlehem, Pennsylvania
In New Bethlehem, 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 New Bethlehem, 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 New Bethlehem helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, residents in zip code 16242 face the highest median tax bill at $1,595, whereas those in zip code 15613 enjoy the lowest median tax bill at $175.
Property Tax Assessment Values Across New Bethlehem, Pennsylvania
Source: Ownwell
$6,520
$107,245
$207,970
Average New Bethlehem Assessed Value
$78,415
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 New Bethlehem, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15613 | $9,310 | $9,310 | $9,310 | $9,310 | $9,310 |
| 16222 | N/A | N/A | N/A | N/A | N/A |
| 16242 | $27,964 | $52,918 | $78,513 | $123,810 | $188,338 |
Source: Ownwell
Property Tax Bills Across New Bethlehem, Pennsylvania
In New Bethlehem, located in Armstrong County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's assessor and reflects a percentage of the property's market value. Homeowners in New Bethlehem experience a range of property tax bills, with the 25th percentile at $1,075 and the 75th percentile at $2,563. The highest median tax bill in the area is $1,595, while the lowest is $175, indicating significant variability depending on the specific location and property value. For a home with a median price of $78,415, the tax bill can vary widely, impacting homeowners' annual expenses. Compared to the national median property tax rate of 0.99%, New Bethlehem's property tax rates can be either more or less burdensome depending on the assessed value and specific neighborhood. This variability in tax bills affects homeowners' financial planning and can influence decisions related to homeownership and investment in the area.
Average New Bethlehem Tax Bill
$1,593
Average Armstrong County Tax Bill
$2,533
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across New Bethlehem, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15613 | $175 | $175 | $175 | $175 | $175 |
| 16222 | N/A | N/A | N/A | N/A | N/A |
| 16242 | $566 | $1,079 | $1,595 | $2,563 | $3,986 |
Source: Ownwell