Worthington, Pennsylvania Property Taxes
The median property tax rate in Worthington, PA is 2.92%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Worthington at $93,690, the typical annual property tax bill reaches $2,778, slightly exceeding the national median of $2,690. Property taxes in Worthington 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 Worthington'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 Worthington 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
Worthington, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.92%
Estimate Property Tax Bill
$2,736
Ownwell’s Worthington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Worthington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Worthington 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 Worthington, Pennsylvania
Property taxes in Worthington, Pennsylvania, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Worthington is 2.92%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Worthington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Worthington 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 Worthington's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16262 has the highest median property tax rate of 2.92%, while the same zip code also has the lowest median tax rate of 2.92%. Understanding how these cities compare with Worthington 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 Worthington Tax Rate
2.92%
Average Armstrong County Tax Rate
2.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Worthington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16262 | 2.92% | 2.92% | 2.92% | 2.94% | 3.01% |
Source: Ownwell
Property Tax Assessment Values Across Worthington, Pennsylvania
In Worthington, 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 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 Worthington, 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. The median home price in Worthington stands at $93,690, with tax bills ranging from $1,766 at the 25th percentile to $6,711 at the 90th percentile. The zip code with the highest median tax bill is 16262, showing a median tax bill of $2,778. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and find opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Worthington, Pennsylvania
Source: Ownwell
$6,520
$107,245
$207,970
Average Worthington Assessed Value
$93,690
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 Worthington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16262 | $29,960 | $59,912 | $93,690 | $146,215 | $230,035 |
Source: Ownwell
Property Tax Bills Across Worthington, Pennsylvania
In Worthington, located in 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 then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $93,690, homeowners can expect varying tax bills depending on their property's assessed value and specific local rates. Several factors influence the tax bill, including property size, location, and improvements made to the home. Homeowners in Worthington face tax bills ranging from the 25th percentile at $1,766 to the 90th percentile at $6,711, reflecting differences in property values and assessments. Notably, the highest and lowest median tax bills in the area are both $2,778, highlighting a relatively consistent tax rate across the board. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, ensuring the community's overall well-being and development.
Average Worthington Tax Bill
$2,778
Average Armstrong County Tax Bill
$2,533
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Worthington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16262 | $888 | $1,766 | $2,778 | $4,309 | $6,711 |
Source: Ownwell