Mifflinville, Pennsylvania Property Taxes
The median property tax rate in Mifflinville, PA is 3.18%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $52,612 in Mifflinville, the typical annual property tax bill reaches $1,673, which is below the national median of $2,690. Property taxes in Mifflinville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mifflinville'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 Mifflinville or another part of Columbia County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mifflinville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.18%
Estimate Property Tax Bill
$1,673
Ownwell’s Mifflinville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mifflinville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mifflinville 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 Mifflinville, Pennsylvania
Property taxes in Mifflinville, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mifflinville is 1.46%, higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Mifflinville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mifflinville 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 Mifflinville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18631 zip code has the highest median property tax rate of 1.46%, while the 18631 zip code also has the lowest median tax rate of 1.46%. Understanding how these cities compare with Mifflinville provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mifflinville Tax Rate
3.18%
Average Columbia County Tax Rate
3.65%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mifflinville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18631 | 3.18% | 3.18% | 3.18% | 3.18% | 3.18% |
Source: Ownwell
Property Tax Assessment Values Across Mifflinville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Mifflinville, PA. The market value reflects 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 Columbia 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 Mifflinville, 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 Mifflinville is $52,612, with property tax bills ranging from $1,386 at the 25th percentile to $3,001 at the 90th percentile. The highest and lowest median tax bills are both $1,673 in the 18631 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mifflinville, Pennsylvania
Source: Ownwell
$13,267
$54,665
$96,063
Average Mifflinville Assessed Value
$52,612
Average Columbia County Assessed Value
$60,804
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mifflinville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18631 | $36,003 | $43,589 | $52,612 | $66,452 | $94,370 |
Source: Ownwell
Property Tax Bills Across Mifflinville, Pennsylvania
In Mifflinville, Columbia County, PA, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county's assessment office and is a percentage of your property's market value. For instance, a median home price in Mifflinville is $52,612. The local tax rate is then applied to this assessed value to determine your annual tax bill. Factors such as property size, location, and improvements play a significant role in the assessment. Homeowners in Mifflinville can expect tax bills to vary, with the 25th percentile at $1,386 and the 75th percentile reaching $2,113. The 90th percentile sees tax bills as high as $3,001. Comparatively, the national median property tax rate is 0.99%, making Mifflinville's rates relatively higher. These tax bills significantly impact homeowners by contributing to local services like schools, infrastructure, and emergency services, thus influencing both the cost of living and the quality of community amenities.
Average Mifflinville Tax Bill
$1,673
Average Columbia County Tax Bill
$2,229
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mifflinville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18631 | $1,145 | $1,386 | $1,673 | $2,113 | $3,001 |
Source: Ownwell