Beaverdale, Pennsylvania Property Taxes
The median property tax rate in Beaverdale, PA is 9.33%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Beaverdale, the typical annual property tax bill reaches $542, which exceeds the national median of $2,690. Property taxes in Beaverdale 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 Beaverdale'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 Beaverdale 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
Beaverdale, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
9.33%
Estimate Property Tax Bill
$542
Ownwell’s Beaverdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beaverdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beaverdale 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 Beaverdale, Pennsylvania
Property taxes in Beaverdale, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beaverdale is 9.33%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Beaverdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beaverdale 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 Beaverdale's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15921 has both the highest and lowest median property tax rate of 9.33%. Understanding how these areas compare with Beaverdale provides valuable insights into the varying tax landscape across Cambria County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beaverdale Tax Rate
9.33%
Average Cambria County Tax Rate
10.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beaverdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15921 | 9.32% | 9.32% | 9.32% | 9.33% | 9.33% |
Source: Ownwell
Property Tax Assessment Values Across Beaverdale, Pennsylvania
In Beaverdale, 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 Cambria 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 Beaverdale, 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. The median home price in Beaverdale is $5,810, with tax bills ranging from $376 at the 25th percentile to $987 at the 90th percentile. The zip code 15921 has the highest and lowest median tax bill at $542. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Beaverdale Assessed Value
$5,810
Average Cambria County Assessed Value
$12,040
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beaverdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15921 | $2,680 | $4,030 | $5,810 | $7,850 | $10,580 |
Source: Ownwell
Property Tax Bills Across Beaverdale, Pennsylvania
In Beaverdale, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor's office, which evaluates the property's market value and applies a specific assessment ratio. Homeowners in Beaverdale can expect property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $376, while at the 75th percentile, it rises to $732. At the 90th percentile, homeowners might see a tax bill as high as $987. These variations are influenced by factors such as property size, location, and improvements. Compared to the national median property tax rate of 0.99%, Beaverdale's property tax rates reflect the local economic conditions and public service funding needs. This system ensures that property owners contribute fairly to the community's resources, affecting their annual financial planning and the overall cost of homeownership.
Average Beaverdale Tax Bill
$542
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Beaverdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15921 | $250 | $376 | $542 | $732 | $987 |
Source: Ownwell