Emeigh, Pennsylvania Property Taxes
The median property tax rate in Emeigh, PA, is 10.20%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Emeigh at $4,955, the typical annual property tax bill reaches $505, which, while lower than the national median of $2,690, still represents a significant percentage of the home value. Property taxes in Emeigh are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Emeigh'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 Emeigh 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
Emeigh, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
10.2%
Estimate Property Tax Bill
$505
Ownwell’s Emeigh Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Emeigh with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Emeigh 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 Emeigh, Pennsylvania
Property taxes in Emeigh, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Emeigh is 1.49%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Emeigh set these rates annually, and they can vary significantly across different neighborhoods. Each year, Emeigh 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 Emeigh's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15738 zip code has the highest median property tax rate of 1.49%, while the same zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with Emeigh 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 Emeigh Tax Rate
10.20%
Average Cambria County Tax Rate
10.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Emeigh, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15738 | 10.20% | 10.20% | 10.20% | 10.20% | 10.20% |
Source: Ownwell
Property Tax Assessment Values Across Emeigh, Pennsylvania
In Emeigh, 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 Emeigh, 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 Emeigh helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 15738, with a value of $505.
Average Emeigh Assessed Value
$4,955
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 Emeigh, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15738 | $2,064 | $4,010 | $4,955 | $7,408 | $12,326 |
Source: Ownwell
Property Tax Bills Across Emeigh, Pennsylvania
In Emeigh, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local tax rate is applied to determine the annual tax bill. In this region, the tax rate is influenced by the funding needs of local services such as schools, infrastructure, and emergency services. Homeowners in Emeigh can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $409, while the 75th percentile reaches $756. For those at the higher end, the 90th percentile tax bill can be as much as $1,257. This variability means that while some homeowners might find their tax bills manageable, others could face higher financial burdens. Understanding these factors is crucial for homeowners to anticipate their annual expenses and plan accordingly. Comparing these figures to the national median property tax rate of 0.99% provides context for how property taxes in Emeigh align with broader trends.
Average Emeigh Tax Bill
$505
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Emeigh, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15738 | $211 | $409 | $505 | $756 | $1,257 |
Source: Ownwell