Grampian, Pennsylvania Property Taxes
The median property tax rate in Grampian, PA is 0.25%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Grampian, the typical annual property tax bill is $208, well below the national median of $2,690. Property taxes in Grampian 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 Grampian'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 Grampian 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
Grampian, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.25%
Estimate Property Tax Bill
$210
Ownwell’s Grampian Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Grampian with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grampian 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 Grampian, Pennsylvania
Property taxes in Grampian, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grampian is 0.25%, significantly lower than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Grampian set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grampian 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 Grampian's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19087 zip code has the highest median property tax rate of 2.4%, while the 16830 zip code has the lowest median tax rate of 0.25%. Understanding how these cities compare with Grampian provides valuable insights into the varying tax landscape across Clearfield County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Grampian Tax Rate
0.25%
Average Clearfield County Tax Rate
0.25%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grampian, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16838 | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
Source: Ownwell
Property Tax Assessment Values Across Grampian, Pennsylvania
In Grampian, 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 Clearfield 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 Grampian, 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. The median home price in Grampian is $84,091, with tax bills ranging from $127 at the 25th percentile to $442 at the 90th percentile. The highest and lowest median tax bills are both $208 in the 16838 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 Grampian helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Grampian Assessed Value
$84,091
Average Clearfield County Assessed Value
$86,111
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Grampian, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16838 | $24,798 | $51,262 | $84,091 | $126,263 | $178,333 |
Source: Ownwell
Property Tax Bills Across Grampian, Pennsylvania
In Grampian, located in Clearfield County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local tax assessor and is a percentage of the property's market value. Homeowners in Grampian typically see property tax bills that vary significantly depending on the value of their homes. For instance, the tax bill at the 25th percentile is $127, while at the 75th percentile, it rises to $313. At the 90th percentile, homeowners might pay as much as $442. These tax bills are influenced by various factors, including the property's location, size, and condition. Compared to the national median property tax rate of 0.99%, Grampian's property tax rates can be seen as relatively moderate. For homeowners, these taxes are a crucial consideration as they directly impact the affordability of owning property in the area. The highest and lowest median tax bills in the region are both $208, indicating some consistency in tax assessments.
Average Grampian Tax Bill
$208
Average Clearfield County Tax Bill
$214
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Grampian, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16838 | $62 | $127 | $208 | $313 | $442 |
Source: Ownwell