Warren Center, Pennsylvania Property Taxes
The median property tax rate in Warren Center, PA is 2.82%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Warren Center, the typical annual property tax bill reaches $1,562, which is below the national median of $2,690. Property taxes in Warren Center 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 Warren Center'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 Warren Center or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Warren Center, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.82%
Estimate Property Tax Bill
$1,799
Ownwell’s Warren Center Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Warren Center with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Warren Center 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 Warren Center, Pennsylvania
Property taxes in Warren Center, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Warren Center is 2.82%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Warren Center set these rates annually, and they can vary significantly across different neighborhoods. Each year, Warren Center 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 Warren Center's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18851 zip code has the highest median property tax rate of 2.82%, while the 18851 zip code also has the lowest median tax rate of 2.82%. Understanding how these cities compare with Warren Center provides valuable insights into the varying tax landscape across Bradford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Warren Center Tax Rate
2.82%
Average Bradford County Tax Rate
3.22%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Warren Center, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18851 | 1.52% | 2.16% | 2.82% | 2.82% | 2.82% |
Source: Ownwell
Property Tax Assessment Values Across Warren Center, Pennsylvania
In Warren Center, 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 Bradford 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 Warren Center, 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 Warren Center helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Warren Center, the highest and lowest median tax bills are both $1562, found in the zip code 18851. The median home price in the area is $63,785, with tax bills ranging from $1,103 at the 25th percentile to $2,885 at the 90th percentile.
Property Tax Assessment Values Across Warren Center, Pennsylvania
Source: Ownwell
$16,000
$54,241
$92,481
Average Warren Center Assessed Value
$63,785
Average Bradford County Assessed Value
$61,590
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Warren Center, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18851 | $29,830 | $45,402 | $63,785 | $91,753 | $132,014 |
Source: Ownwell
Property Tax Bills Across Warren Center, Pennsylvania
In Warren Center, PA, property tax bills are calculated based on the assessed value of a homeowner's property. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and market conditions are considered when assessing property values. Homeowners in Warren Center can expect to pay varying amounts depending on their property's assessed value. For instance, the tax bill at the 25th percentile is around $1,103, while at the 75th percentile, it can go up to $2,251. The 90th percentile sees tax bills as high as $2,885. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners to understand how local rates and assessments impact their finances. The highest and lowest median tax bills in the area are both $1,562, indicating a relatively consistent tax environment within the 18851 zip code. Understanding these factors helps homeowners better manage their property tax obligations.
Average Warren Center Tax Bill
$1,562
Average Bradford County Tax Bill
$1,935
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Warren Center, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18851 | $683 | $1,103 | $1,562 | $2,251 | $2,885 |
Source: Ownwell