Williamsburg, Pennsylvania Property Taxes
The median property tax rate in Williamsburg, PA is 1.41%, 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 Williamsburg, the typical annual property tax bill reaches $1,744, which is below the national median of $2,690. Property taxes in Williamsburg are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Williamsburg'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 Williamsburg 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
Williamsburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$1,656
Ownwell’s Williamsburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Williamsburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Williamsburg 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 Williamsburg, Pennsylvania
Property taxes in Williamsburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Williamsburg is 1.41%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Williamsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Williamsburg 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 Williamsburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16693 has both the highest and lowest median property tax rate of 1.41%. Understanding how these cities compare with Williamsburg 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 Williamsburg Tax Rate
1.41%
Average Blair County Tax Rate
1.57%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Williamsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16693 | 1.36% | 1.39% | 1.41% | 1.61% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Williamsburg, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Williamsburg, PA. 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 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 Williamsburg, 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 Williamsburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill in Williamsburg is 16693, with a median tax bill of $1,744. This is notably below the national median property tax rate of 0.99%, making it essential for homeowners to stay informed and proactive in managing their property taxes.
Property Tax Assessment Values Across Williamsburg, Pennsylvania
Source: Ownwell
$13,300
$253,050
$492,800
Average Williamsburg Assessed Value
$117,450
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 Williamsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16693 | $59,400 | $88,000 | $117,450 | $165,475 | $233,600 |
Source: Ownwell
Property Tax Bills Across Williamsburg, Pennsylvania
In Williamsburg, Blair County, PA, property tax bills are calculated based on the assessed value of your home, which determines your tax liability. The median home price in Williamsburg is $117,450, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's assessed value and the local tax rate. For instance, homeowners in Williamsburg can expect to pay between $1,306 at the 25th percentile and $2,318 at the 75th percentile, with some reaching up to $3,080 at the 90th percentile. These figures illustrate the range of tax bills homeowners might face, depending on the assessed value of their property and any applicable exemptions or deductions. Comparatively, the highest and lowest median tax bills in the area are both $1,744, indicating a relatively consistent tax rate across different properties. Understanding how these factors interplay helps homeowners anticipate their annual expenses and plan accordingly.
Average Williamsburg Tax Bill
$1,744
Average Blair County Tax Bill
$1,685
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Williamsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16693 | $866 | $1,306 | $1,744 | $2,318 | $3,080 |
Source: Ownwell