Leeper, Pennsylvania Property Taxes
The median property tax rate in Leeper, PA is 7.66%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Leeper, the typical annual property tax bill reaches $727, which is still below the national median of $2,690. Property taxes in Leeper 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 Leeper'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 Leeper 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
Leeper, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
7.66%
Estimate Property Tax Bill
$727
Ownwell’s Leeper Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Leeper with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Leeper 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 Leeper, Pennsylvania
Property taxes in Leeper, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Leeper stands at 7.66%, significantly higher than the U.S. national median of 0.99%. Local government entities within Leeper set these rates annually, and they can vary across different neighborhoods. Each year, Leeper 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 Leeper's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 16233 has the highest median property tax rate of 7.66%, while the same zip code also has the lowest median tax rate of 7.66%. Understanding how these areas compare with Leeper 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 Leeper Tax Rate
7.66%
Average Clarion County Tax Rate
8.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leeper, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16233 | 7.66% | 7.66% | 7.66% | 7.66% | 7.66% |
Source: Ownwell
Property Tax Assessment Values Across Leeper, Pennsylvania
In Leeper, 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 Leeper, 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 Leeper helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Leeper is $9,497, with the 25th percentile tax bill at $318 and the 75th percentile tax bill at $1,325. The highest and lowest median tax bills are both $727 in the zip code 16233.
Average Leeper Assessed Value
$9,497
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 Leeper, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16233 | $2,339 | $4,152 | $9,497 | $17,295 | $24,511 |
Source: Ownwell
Property Tax Bills Across Leeper, Pennsylvania
In Leeper, located in Clarion County, PA, property tax bills are calculated based on the assessed value of a home. The median home price in Leeper is $9,497, which serves as a baseline for determining the tax bill. The local tax rate is applied to this assessed value to generate the property tax amount. Several factors influence the assessed value, including the property's location, size, and market conditions. For homeowners, the tax bill can vary significantly. The 25th percentile tax bill is $318, while the 75th percentile reaches $1,325, and the 90th percentile goes up to $1,877. These variations highlight the impact of different property values and neighborhood characteristics. Comparatively, the highest and lowest median tax bills in the area are both $727, found in the 16233 zip code. With the national median property tax rate at 0.99%, Leeper's property taxes can be considered relatively modest, providing some relief to homeowners in the region.
Average Leeper Tax Bill
$727
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Leeper, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16233 | $179 | $318 | $727 | $1,325 | $1,877 |
Source: Ownwell