Pottersdale, Pennsylvania Property Taxes
The median property tax rate in Pottersdale, 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 Pottersdale, the typical annual property tax bill is $115, far below the national median of $2,690. Property taxes in Pottersdale 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 Pottersdale'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 Pottersdale 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
Pottersdale, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.25%
Estimate Property Tax Bill
$116
Ownwell’s Pottersdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pottersdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pottersdale 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 Pottersdale, Pennsylvania
Property taxes in Pottersdale, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pottersdale is 0.25%, which is lower than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Pottersdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pottersdale 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 Pottersdale's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the highest median property tax rate in Pennsylvania is significantly higher, while the lowest median tax rate offers a stark contrast. Understanding how these cities compare with Pottersdale 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 Pottersdale 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 Pottersdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16871 | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
Source: Ownwell
Property Tax Assessment Values Across Pottersdale, Pennsylvania
In Pottersdale, 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 Pottersdale, 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 Pottersdale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16871 in Pottersdale has the same median tax bill of $115, highlighting the uniformity in tax assessments within the area.
Property Tax Assessment Values Across Pottersdale, Pennsylvania
Source: Ownwell
$25,505
$91,730
$157,954
Average Pottersdale Assessed Value
$46,464
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 Pottersdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16871 | $17,980 | $25,884 | $46,464 | $68,308 | $129,040 |
Source: Ownwell
Property Tax Bills Across Pottersdale, Pennsylvania
In Pottersdale, Clearfield County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $46,464, homeowners can expect varying tax bills depending on their property's assessed value and specific circumstances. Factors such as property location within the city, any applicable exemptions, and the overall real estate market conditions play significant roles in determining the final tax amount. In Pottersdale, the 25th percentile tax bill is around $64, while the 75th percentile tax bill reaches $169. The 90th percentile tax bill can go up to $319, highlighting the range of potential tax burdens for homeowners. Compared to the national median property tax rate of 0.99%, Pottersdale's tax rates and the resulting bills are relatively modest, offering some financial relief to its residents. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan accordingly.
Average Pottersdale Tax Bill
$115
Average Clearfield County Tax Bill
$214
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Pottersdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16871 | $44 | $64 | $115 | $169 | $319 |
Source: Ownwell