Saint Michael, Pennsylvania Property Taxes
The median property tax rate in Saint Michael, PA is 8.93%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Saint Michael at $6,280, the typical annual property tax bill amounts to $560, which is lower than the national median of $2,690. Property taxes in Saint Michael are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Saint Michael's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Saint Michael 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
Saint Michael, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
8.93%
Estimate Property Tax Bill
$561
Ownwell’s Saint Michael Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Saint Michael with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Michael 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 Saint Michael, Pennsylvania
Property taxes in Saint Michael, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Michael is 8.93%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Saint Michael set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Michael 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 Saint Michael's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15951 zip code has the highest median property tax rate of 8.93%, while the same zip code also has the lowest median tax rate of 8.93%. Understanding how these cities compare with Saint Michael 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 Saint Michael Tax Rate
8.93%
Average Cambria County Tax Rate
10.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Michael, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15951 | 8.92% | 8.92% | 8.92% | 8.93% | 8.93% |
Source: Ownwell
Property Tax Assessment Values Across Saint Michael, Pennsylvania
In Saint Michael, 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 Saint Michael, 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. For instance, the highest median tax bill in the area is $560.00 in zip code 15951, which also happens to have the lowest median tax bill at the same value. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Saint Michael, Pennsylvania
Source: Ownwell
$4,060
$11,715
$19,370
Average Saint Michael Assessed Value
$6,280
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 Saint Michael, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15951 | $3,574 | $4,420 | $6,280 | $8,700 | $17,824 |
Source: Ownwell
Property Tax Bills Across Saint Michael, Pennsylvania
In Saint Michael, located in Cambria County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local government assessors and represents a percentage of the property's market value. Homeowners in Saint Michael can expect their property tax bills to vary significantly, with the 25th percentile tax bill at $394 and the 75th percentile at $776. For those at the 90th percentile, the tax bill can reach up to $1591. These figures are influenced by various factors, including property size, location, and any improvements made to the home. The highest median tax bill in the area is $560, matching the lowest median tax bill, indicating a relatively uniform tax rate across different properties. Compared to the national median property tax rate of 0.99%, Saint Michael's property tax rate can have a substantial impact on homeowners, affecting their overall financial planning and the affordability of maintaining their homes.
Average Saint Michael Tax Bill
$560
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Michael, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15951 | $319 | $394 | $560 | $776 | $1,591 |
Source: Ownwell