Salix, Pennsylvania Property Taxes
The median property tax rate in Salix, PA is 8.93%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $18,600 in Salix, the typical annual property tax bill reaches $1,660, still below the national median of $2,690. Property taxes in Salix are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as the primary residence and agricultural exemptions. Understanding Salix'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 Salix or another part of Cambria County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Salix, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
8.93%
Estimate Property Tax Bill
$1,661
Ownwell’s Salix Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Salix with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Salix 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 Salix, Pennsylvania
Property taxes in Salix, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Salix is 8.93%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Salix set these rates annually, and they can vary significantly across different neighborhoods. Each year, Salix 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 Salix's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15952 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 Salix 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 Salix 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 Salix, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15952 | 8.92% | 8.92% | 8.93% | 8.93% | 8.93% |
Source: Ownwell
Property Tax Assessment Values Across Salix, Pennsylvania
In Salix, 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 local 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 Salix, 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 Salix helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 15952, with a median tax bill of $1,660.
Average Salix Assessed Value
$18,600
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 Salix, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15952 | $4,864 | $10,460 | $18,600 | $23,080 | $29,300 |
Source: Ownwell
Property Tax Bills Across Salix, Pennsylvania
In Salix, property tax bills are calculated based on the assessed value of your property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to arrive at your annual tax bill. Several factors influence this assessment, including the property's market value, location, and any improvements or renovations made. For homeowners in Salix, the median home price is $18,600, and the median property tax bill is $1,660, significantly higher than the national median property tax rate of 0.99%. Property tax bills can vary widely, with the 25th percentile at $934 and the 75th percentile reaching $2,060. The highest tax bills in the 90th percentile can go up to $2,615. These property taxes fund essential local services such as schools, public safety, and infrastructure. Understanding how your property tax bill is calculated can help you manage your budget and anticipate future expenses.
Average Salix Tax Bill
$1,660
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Salix, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15952 | $434 | $934 | $1,660 | $2,060 | $2,615 |
Source: Ownwell