Cameron County Property Taxes
The median property tax rate in Cameron County is 4.04%, which is significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Cameron County, the typical annual property tax bill reaches $1,107, which is below the national median of $2,690. Property taxes in Cameron County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Cameron County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Emporium or another part of Cameron County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cameron County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.04%
Estimate Property Tax Bill
$1,103
Ownwell’s Cameron County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cameron County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cameron County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property's assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Cameron County, Pennsylvania
Property taxes in Cameron County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cameron County is 4.04%, which is significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Cameron County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cameron County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Cameron County's effective property tax rate with other counties in Pennsylvania and the national median. For comparison, the city of Emporium has one of the higher property tax rates in Pennsylvania at 4.04%, while the city of Austin boasts one of the lowest at 3.77%. Analyzing how Cameron County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cameron County Tax Rate
4.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cameron County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | 3.77% | 3.77% | 3.77% | 3.77% | 4.04% |
Driftwood | 3.89% | 3.89% | 4.04% | 4.04% | 4.09% |
Emporium | 3.89% | 4.04% | 4.04% | 4.54% | 4.54% |
Sinnamahoning | 3.77% | 3.77% | 3.77% | 3.77% | 4.04% |
Source: Ownwell
Property Tax Assessment Values Across Cameron County, Pennsylvania
In Cameron County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Cameron County Appraisal District. The assessed value, however, 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. Assessment notices in Cameron County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Cameron County, the highest median tax bill is $1,376 in Emporium, while the lowest is $493 in Austin. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Cameron County, Pennsylvania
Source: Ownwell
$12,910
$22,759
$32,608
Average Cameron County Assessed Value
$27,300
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cameron County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | $4,700 | $7,275 | $12,910 | $23,825 | $40,065 |
Driftwood | $5,000 | $10,600 | $18,400 | $30,700 | $50,022 |
Emporium | $10,900 | $22,600 | $32,608 | $44,850 | $59,600 |
Sinnamahoning | $3,500 | $7,000 | $13,790 | $24,038 | $38,640 |
Source: Ownwell
Property Tax Bills Across Cameron County, Pennsylvania
In Cameron County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by local tax assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The assessed value considers various factors, including the property's market value, location, and any improvements made to the property. Homeowners in Cameron County experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $554, while at the 75th percentile, it rises to $1684. The tax bill at the 90th percentile can reach up to $2313. The city of Emporium has the highest median tax bill in the county at $1376, whereas Austin has the lowest at $493. These variations can significantly impact homeowners' budgets, making it crucial for property owners to understand how their tax bills are determined and what factors influence them. Compared to the national median property tax rate of 0.99%, Cameron County offers a diverse range of tax burdens for its residents.
Average Cameron County Tax Bill
$1,107
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Cameron County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | $177 | $281 | $493 | $915 | $1,491 |
Driftwood | $198 | $418 | $732 | $1,201 | $1,890 |
Emporium | $431 | $913 | $1,376 | $1,876 | $2,460 |
Sinnamahoning | $132 | $264 | $524 | $916 | $1,391 |
Source: Ownwell