Clarion, Pennsylvania Property Taxes
The median property tax rate in Clarion, PA is 9.06%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Clarion at $18,378, the typical annual property tax bill reaches $1,774, which is lower than the national median of $2,690. Property taxes in Clarion are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Clarion'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 Clarion 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
Clarion, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
9.06%
Estimate Property Tax Bill
$1,665
Ownwell’s Clarion Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clarion with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarion 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 Clarion, Pennsylvania
Property taxes in Clarion, PA, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarion is 9.06%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Clarion set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clarion 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 Clarion's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16214 has both the highest and lowest median property tax rate of 9.06%. Understanding how these cities compare with Clarion provides valuable insights into the varying tax landscape across Clarion County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarion Tax Rate
9.06%
Average Clarion County Tax Rate
8.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarion, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16214 | 8.50% | 8.50% | 9.06% | 10.92% | 10.92% |
Source: Ownwell
Property Tax Assessment Values Across Clarion, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Clarion, PA. 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 Clarion, 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. Clarion's median home price is $18,378, with property tax bills ranging from $1,119 at the 25th percentile to $3,738 at the 90th percentile. The highest and lowest median tax bills are both found in zip code 16214, amounting to $1,774. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Clarion Assessed Value
$18,378
Average Clarion County Assessed Value
$13,522
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarion, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16214 | $4,050 | $11,382 | $18,378 | $27,194 | $38,938 |
Source: Ownwell
Property Tax Bills Across Clarion, Pennsylvania
In Clarion, PA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is periodically evaluated by the county assessor. Various factors such as property size, location, and improvements influence this assessed value. Homeowners in Clarion can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $1,119, while the 75th percentile tax bill reaches up to $2,659. At the higher end, the 90th percentile tax bill can be as much as $3,738. The median home price in Clarion is relatively low at $18,378, yet the property tax rates can still be a substantial financial consideration for homeowners. Compared to the national median property tax rate of 0.99%, Clarion’s tax rates reflect the local economic conditions and funding requirements for public services. Understanding these factors can help homeowners better anticipate their annual financial obligations.
Average Clarion Tax Bill
$1,774
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarion, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16214 | $382 | $1,119 | $1,774 | $2,659 | $3,738 |
Source: Ownwell