Weatherly, Pennsylvania Property Taxes
The median property tax rate in Weatherly, PA is 3.15%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Weatherly at $74,800, the typical annual property tax bill reaches $2,484, which is just below the national median of $2,690. Property taxes in Weatherly are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Weatherly’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 Weatherly or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Weatherly, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.15%
Estimate Property Tax Bill
$2,356
Ownwell’s Weatherly Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Weatherly with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Weatherly to estimate your property tax bill. This practical tool provides a clear understanding of potential tax liabilities. For those interested in more detailed insights, additional localized information is available below. Your property’s assessed value is determined by Carbon County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Weatherly, Pennsylvania
Property taxes in Weatherly, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Weatherly is 3.15%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Weatherly set these rates annually, and they can vary significantly across different neighborhoods. Each year, Weatherly 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 Weatherly's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18255 zip code has the highest median property tax rate of 3.15%, while the same zip code also has the lowest median tax rate of 3.15%. Understanding how these cities compare with Weatherly provides valuable insights into the varying tax landscape across Carbon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Weatherly Tax Rate
3.15%
Average Carbon County Tax Rate
3.64%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weatherly, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18255 | 3.13% | 3.13% | 3.15% | 3.42% | 3.42% |
Source: Ownwell
Property Tax Assessment Values Across Weatherly, Pennsylvania
In Weatherly, 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 Carbon 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 Weatherly, 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. Weatherly's median home price is $74,800, with tax bills ranging from $1,706 at the 25th percentile to $4,636 at the 90th percentile. The highest and lowest median tax bills are both $2,484, found in the 18255 zip code. 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 Weatherly helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Weatherly Assessed Value
$74,800
Average Carbon County Assessed Value
$80,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Weatherly, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18255 | $15,000 | $50,800 | $74,800 | $103,600 | $144,538 |
Source: Ownwell
Property Tax Bills Across Weatherly, Pennsylvania
In Weatherly, located in Carbon County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Weatherly is $74,800. Homeowners in this area experience property tax bills that vary widely, with the 25th percentile tax bill at $1,706 and the 75th percentile tax bill reaching $3,398. For those in the 90th percentile, tax bills can be as high as $4,636. The property tax rate in Weatherly significantly impacts homeowners, as it determines the portion of their home’s assessed value they owe annually. Compared to the national median property tax rate of 0.99%, Weatherly’s rates can be relatively high, influencing the overall affordability of homeownership in the area. The highest and lowest median tax bills in Weatherly are both $2,484, indicating some consistency in tax assessments within certain neighborhoods. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Weatherly Tax Bill
$2,484
Average Carbon County Tax Bill
$2,835
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Weatherly, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18255 | $474 | $1,706 | $2,484 | $3,398 | $4,636 |
Source: Ownwell