Claysburg, Pennsylvania Property Taxes
The median property tax rate in Claysburg, PA is 1.36%, which is higher than the national median of 0.99% but significantly lower than the Pennsylvania state median of 2.81%. With the median home value in Claysburg at $98,300, the typical annual property tax bill is $1,333, lower than the national median of $2,690. Property taxes in Claysburg are calculated based on the tax-assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Claysburg'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 Claysburg or another part of Blair County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Claysburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$1,337
Ownwell’s Claysburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Claysburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Claysburg 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 Claysburg, Pennsylvania
Property taxes in Claysburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Claysburg is 1.36%, significantly higher than the U.S. national median of 0.99%. Local government entities within Claysburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Claysburg 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 Claysburg's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 16625, which includes Claysburg, has a median property tax rate of 1.36%. Understanding how Claysburg compares with other areas provides valuable insights into the varying tax landscape across Blair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring regions.
Average Claysburg Tax Rate
1.36%
Average Blair County Tax Rate
1.57%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Claysburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16625 | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Claysburg, Pennsylvania
In Claysburg, 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 Blair 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 Claysburg, 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 Claysburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16625 has both the highest and lowest median tax bill, valued at $1,333.
Average Claysburg Assessed Value
$98,300
Average Blair County Assessed Value
$113,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Claysburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16625 | $31,720 | $61,050 | $98,300 | $131,000 | $175,280 |
Source: Ownwell
Property Tax Bills Across Claysburg, Pennsylvania
In Claysburg, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, homeowners in Claysburg, Blair County, with a median home price of $98,300 can expect a property tax bill that varies significantly depending on specific factors. The 25th percentile tax bill is around $825, while the 75th percentile tax bill reaches up to $1,772, and the 90th percentile tax bill can be as high as $2,373. These figures illustrate the range of tax burdens that homeowners may face, influenced by the assessed value of their property and the applicable tax rate. Compared to the national median property tax rate of 0.99%, Claysburg's property taxes can be seen as competitive, though individual circumstances will vary. Homeowners need to consider these factors when budgeting for their annual expenses.
Average Claysburg Tax Bill
$1,333
Average Blair County Tax Bill
$1,685
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Claysburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16625 | $430 | $825 | $1,333 | $1,772 | $2,373 |
Source: Ownwell