Fisher, Pennsylvania Property Taxes
The median property tax rate in Fisher, PA is 8.84%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Fisher, the typical annual property tax bill reaches $1,318, which exceeds the national median of $2,690. Property taxes in Fisher are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fisher'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 Fisher or another part of Clarion County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fisher, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
8.84%
Estimate Property Tax Bill
$1,318
Ownwell’s Fisher Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fisher with just two key data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Fisher to provide an estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in trends at a neighborhood level, more localized information is available below. Your property’s assessed value is determined by the county for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Fisher, Pennsylvania
Property taxes in Fisher, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fisher is 8.84%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Fisher set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fisher 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 Fisher's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16225 has both the highest and lowest median property tax rate of 8.84%. Understanding how these cities compare with Fisher 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 Fisher Tax Rate
8.84%
Average Clarion County Tax Rate
8.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fisher, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16225 | 8.84% | 8.84% | 8.84% | 8.84% | 8.84% |
Source: Ownwell
Property Tax Assessment Values Across Fisher, Pennsylvania
In Fisher, 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 Clarion 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 Fisher, 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 Fisher helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,318 in zip code 16225, providing a clear picture of the local tax landscape.
Average Fisher Assessed Value
$14,904
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 Fisher, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16225 | $6,182 | $8,987 | $14,904 | $19,388 | $23,244 |
Source: Ownwell
Property Tax Bills Across Fisher, Pennsylvania
In Fisher, Pennsylvania, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects a percentage of the property's market value. Homeowners in Fisher can expect their property tax bills to vary significantly depending on the assessed value of their homes. For example, the median home price in Fisher is $14,904, and tax bills range from the 25th percentile at $795 to the 90th percentile at $2,056. Several factors influence these tax bills, including the property's location within Clarion County and any applicable exemptions or deductions. Homeowners in the zip code 16225 experience a median tax bill of $1,318, which is consistent across the county. Compared to the national median property tax rate of 0.99%, Fisher's tax rates can be seen as favorable, offering some relief to homeowners. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances more effectively.
Average Fisher Tax Bill
$1,318
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Fisher, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16225 | $547 | $795 | $1,318 | $1,715 | $2,056 |
Source: Ownwell