Kylertown, Pennsylvania Property Taxes
The median property tax rate in Kylertown, PA is 0.25%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $91,667 in Kylertown, the typical annual property tax bill amounts to $227, far below the national median of $2,690. Property taxes in Kylertown 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 Kylertown'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 Kylertown 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
Kylertown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.25%
Estimate Property Tax Bill
$229
Ownwell’s Kylertown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kylertown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kylertown 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 Kylertown, Pennsylvania
Property taxes in Kylertown, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kylertown is 0.25%, significantly lower than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Kylertown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kylertown 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. Understanding how Kylertown's effective property tax rate compares to other areas in Clearfield County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kylertown 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 Kylertown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16847 | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
Source: Ownwell
Property Tax Assessment Values Across Kylertown, Pennsylvania
In Kylertown, 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 Kylertown, 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 Kylertown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16847 has the highest median tax bill at $227, while the lowest median tax bill is also $227 in the same zip code.
Average Kylertown Assessed Value
$91,667
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 Kylertown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16847 | $32,475 | $61,869 | $91,667 | $150,000 | $232,929 |
Source: Ownwell
Property Tax Bills Across Kylertown, Pennsylvania
In Kylertown, located in Clearfield County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local government and is meant to reflect the market value of the property. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the size of the property, its location, and any improvements or renovations. Homeowners in Kylertown can expect their property tax bills to vary significantly. At the 25th percentile, tax bills are around $153, while at the 75th percentile, they rise to about $371. The highest tax bills, at the 90th percentile, can reach up to $577. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. For homeowners, understanding how their property tax bill is calculated can help them better manage their finances and anticipate annual expenses.
Average Kylertown Tax Bill
$227
Average Clearfield County Tax Bill
$214
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Kylertown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16847 | $80 | $153 | $227 | $371 | $577 |
Source: Ownwell