Enon Valley, Pennsylvania Property Taxes
The median property tax rate in Enon Valley, PA is 5.30%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Enon Valley, the typical annual property tax bill reaches $2,883, exceeding the national median of $2,690. Property taxes in Enon Valley 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 Enon Valley'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 Enon Valley 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
Enon Valley, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.3%
Estimate Property Tax Bill
$2,883
Ownwell’s Enon Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Enon Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Enon Valley 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 Enon Valley, Pennsylvania
Property taxes in Enon Valley, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Enon Valley is 5.30%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Enon Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Enon Valley 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 Enon Valley's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16120 has the highest median property tax rate of 5.30%, while the same zip code also has the lowest median tax rate of 5.30%. Understanding how these cities compare with Enon Valley provides valuable insights into the varying tax landscape across Beaver County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Enon Valley Tax Rate
5.30%
Average Beaver County Tax Rate
6.15%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Enon Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16120 | 5.30% | 5.30% | 5.30% | 5.30% | 5.30% |
Source: Ownwell
Property Tax Assessment Values Across Enon Valley, Pennsylvania
In Enon Valley, 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 Beaver 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 Enon Valley, 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 Enon Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2883, found in zip code 16120, which can significantly impact homeowners' financial planning.
Average Enon Valley Assessed Value
$54,390
Average Beaver County Assessed Value
$44,800
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Enon Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16120 | $19,320 | $31,000 | $54,390 | $72,600 | $107,400 |
Source: Ownwell
Property Tax Bills Across Enon Valley, Pennsylvania
In Enon Valley, Beaver County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Enon Valley is $54,390, and the property tax rate in this region is higher than the national median of 0.99%. Homeowners in Enon Valley can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is $1,643, while the 75th percentile tax bill reaches $3,848. At the higher end, the 90th percentile tax bill can be as much as $5,692. These variations depend on the assessed value of the property and any applicable exemptions or deductions. The financial impact on homeowners is substantial, especially when compared to the national median. Understanding these factors is crucial for homeowners as property taxes are a significant annual expense that can affect overall affordability and budgeting.
Average Enon Valley Tax Bill
$2,883
Average Beaver County Tax Bill
$2,704
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Enon Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16120 | $1,024 | $1,643 | $2,883 | $3,848 | $5,692 |
Source: Ownwell