East Freedom, Pennsylvania Property Taxes
The median property tax rate in East Freedom, PA is 1.63%, considerably higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With the median home value in East Freedom, the typical annual property tax bill reaches $1,599, which is below the national median of $2,690. Property taxes in East Freedom 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 East Freedom'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 East Freedom 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
East Freedom, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.63%
Estimate Property Tax Bill
$1,682
Ownwell’s EAST FREEDOM Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EAST FREEDOM with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EAST FREEDOM 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 East Freedom, Pennsylvania
Property taxes in East Freedom, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in East Freedom is 1.63%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within East Freedom set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Freedom 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 East Freedom's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16637 zip code has the highest median property tax rate of 1.63%, while the same zip code also has the lowest median tax rate of 1.63%. Understanding how these areas compare with East Freedom 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 East Freedom Tax Rate
1.63%
Average Blair County Tax Rate
1.57%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Freedom, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16637 | 1.36% | 1.55% | 1.63% | 1.63% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across East Freedom, Pennsylvania
In East Freedom, 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 East Freedom, 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 East Freedom helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16637 has the highest and lowest median tax bill, both at $1,599.
Property Tax Assessment Values Across East Freedom, Pennsylvania
Source: Ownwell
$13,300
$253,050
$492,800
Average East Freedom Assessed Value
$103,200
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 East Freedom, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16637 | $26,850 | $73,575 | $103,200 | $138,600 | $176,380 |
Source: Ownwell
Property Tax Bills Across East Freedom, Pennsylvania
In East Freedom, Blair County, PA, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in East Freedom is $103,200. Property taxes are then calculated by applying the local tax rate to this assessed value. The median property tax bill in the area is $1,599, aligning with the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Homeowners in East Freedom may see tax bills ranging from $1,136 at the 25th percentile to $2,793 at the 90th percentile, reflecting variability based on individual property characteristics. This can significantly impact homeowners' finances, as higher assessed values and tax rates lead to higher tax bills. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan their budgets accordingly.
Average East Freedom Tax Bill
$1,599
Average Blair County Tax Bill
$1,685
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across East Freedom, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16637 | $436 | $1,136 | $1,599 | $2,142 | $2,793 |
Source: Ownwell