Cassandra, Pennsylvania Property Taxes
The median property tax rate in Cassandra, PA is 9.63%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Cassandra at $7,955, the typical annual property tax bill reaches $766, which is below the national median of $2,690. Property taxes in Cassandra are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Cassandra'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 Cassandra 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
Cassandra, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
9.63%
Estimate Property Tax Bill
$766
Ownwell’s Cassandra Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cassandra with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cassandra 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 Cassandra, Pennsylvania
Property taxes in Cassandra, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cassandra is 9.63%, significantly higher than the U.S. national median of 0.99%. Local government entities within Cassandra set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cassandra 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 Cassandra's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15925 zip code has the highest median property tax rate of 9.63%, while the same zip code also holds the lowest median tax rate of 9.63%. Understanding how these cities compare with Cassandra 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 Cassandra Tax Rate
9.63%
Average Cambria County Tax Rate
10.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cassandra, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15925 | 9.63% | 9.63% | 9.63% | 9.63% | 9.63% |
Source: Ownwell
Property Tax Assessment Values Across Cassandra, Pennsylvania
In Cassandra, 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 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 Cassandra, 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 Cassandra helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Cassandra Assessed Value
$7,955
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 Cassandra, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15925 | $3,354 | $6,670 | $7,955 | $10,192 | $15,594 |
Source: Ownwell
Property Tax Bills Across Cassandra, Pennsylvania
Property tax bills in Cassandra, located in Cambria County, PA, are determined based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the home's market value, and this figure is then multiplied by the tax rate to calculate the annual tax bill. Homeowners in Cassandra experience a range of tax bills; the 25th percentile sees bills around $642, while the 75th percentile faces bills closer to $981. At the 90th percentile, tax bills can reach up to $1,502. The median property tax rate in Cassandra is lower than the national median of 0.99%, making it relatively affordable for homeowners. These property taxes are crucial as they fund local services such as schools, infrastructure, and emergency services. Understanding how these factors come together helps homeowners anticipate their annual expenses and manage their finances effectively.
Average Cassandra Tax Bill
$766
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Cassandra, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15925 | $323 | $642 | $766 | $981 | $1,502 |
Source: Ownwell