Curryville, Pennsylvania Property Taxes
The median property tax rate in Curryville, PA is 1.58%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Curryville, the typical annual property tax bill reaches $2,623, just below the national median of $2,690. Property taxes in Curryville 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 Curryville'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 Curryville 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
Curryville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$2,620
Ownwell’s Curryville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Curryville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Curryville 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 Curryville, Pennsylvania
Property taxes in Curryville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Curryville is 1.58%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Curryville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Curryville 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 Curryville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16631 zip code has the highest median property tax rate of 1.58%, while the same zip code also has the lowest median tax rate of 1.58%. Understanding how these cities compare with Curryville 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 areas.
Average Curryville Tax Rate
1.58%
Average Blair County Tax Rate
1.57%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Curryville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16631 | 1.21% | 1.58% | 1.58% | 1.58% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Curryville, Pennsylvania
In Curryville, 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 local assessment authorities 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. 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 Curryville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 16631, amounting to $2,623, which is a key detail for local homeowners.
Property Tax Assessment Values Across Curryville, Pennsylvania
Source: Ownwell
$13,300
$253,050
$492,800
Average Curryville Assessed Value
$165,800
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 Curryville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16631 | $152,600 | $155,950 | $165,800 | $182,100 | $623,150 |
Source: Ownwell
Property Tax Bills Across Curryville, Pennsylvania
In Curryville, Blair County, PA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Curryville stands at $165,800. Local tax authorities then apply the property tax rate to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Homeowners in Curryville can expect to pay a median property tax bill that ranges significantly. At the 25th percentile, the tax bill is around $2,467, while at the 75th percentile, it rises to $2,881. For those in the 90th percentile, the tax bill can soar to $5,906. These figures indicate that property taxes in Curryville can vary widely, impacting homeowners differently based on their property's assessed value. Compared to the national median property tax rate of 0.99%, Curryville's rates reflect the local economic conditions and property values, making it essential for homeowners to understand their specific tax obligations.
Average Curryville Tax Bill
$2,623
Average Blair County Tax Bill
$1,685
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Curryville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16631 | $2,414 | $2,467 | $2,623 | $2,881 | $5,906 |
Source: Ownwell