Summerville, Pennsylvania Property Taxes
The median property tax rate in Summerville, PA, is 8.35%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Summerville at $19,980, the typical annual property tax bill reaches $1,669, which is still below the national median of $2,690. Property taxes in Summerville are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Summerville'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 Summerville 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
Summerville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
8.35%
Estimate Property Tax Bill
$1,668
Ownwell’s Summerville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Summerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Summerville 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 Summerville, Pennsylvania
Property taxes in Summerville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Summerville is 8.35%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Summerville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Summerville 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 Summerville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15864 has the highest median property tax rate of 8.35%, while the same zip code also has the lowest median tax rate of 8.35%. Understanding how these cities compare with Summerville 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 Summerville Tax Rate
8.35%
Average Clarion County Tax Rate
8.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Summerville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15864 | 8.35% | 8.35% | 8.35% | 8.35% | 8.35% |
Source: Ownwell
Property Tax Assessment Values Across Summerville, Pennsylvania
In Summerville, 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 Assessor's 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 Summerville, 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 Summerville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Summerville is $19,980, with tax bills varying significantly. For instance, the 25th percentile tax bill is $986, while the 75th percentile tax bill is $2,186. The highest median tax bill in the area is $1,669, found in the 15864 zip code.
Average Summerville Assessed Value
$19,980
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 Summerville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15864 | $6,132 | $12,146 | $19,980 | $26,210 | $32,846 |
Source: Ownwell
Property Tax Bills Across Summerville, Pennsylvania
In Summerville, Clarion County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Once the assessed value is established, it's multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Summerville, the median home price is $19,980. Property tax bills in the area vary significantly, with the 25th percentile tax bill at $986 and the 75th percentile tax bill at $2,186. Homeowners at the 90th percentile can expect to pay around $2,744 annually. Comparatively, the national median property tax rate is 0.99%, making Summerville's property taxes relatively high given the lower median home price. These property taxes fund essential public services such as schools, roads, and emergency services, directly impacting the community's quality of life. Homeowners must budget for these taxes as part of their annual expenses, influencing both affordability and long-term financial planning.
Average Summerville Tax Bill
$1,669
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Summerville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15864 | $503 | $986 | $1,669 | $2,186 | $2,744 |
Source: Ownwell