Stillwater, Pennsylvania Property Taxes
The median property tax rate in Stillwater, PA is 4.05%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Stillwater, the typical annual property tax bill reaches $3,014, exceeding the national median of $2,690. Property taxes in Stillwater 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 Stillwater'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 Stillwater 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
Stillwater, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.05%
Estimate Property Tax Bill
$2,954
Ownwell’s Stillwater Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stillwater with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stillwater 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 Stillwater, Pennsylvania
Property taxes in Stillwater, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stillwater is 4.05%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Stillwater set these rates annually, and they can vary across different neighborhoods. Each year, Stillwater 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 Stillwater's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17878 zip code has the highest median property tax rate of 4.05%, while the same zip code also has the lowest median tax rate of 4.05%. Understanding how these cities compare with Stillwater 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 Stillwater Tax Rate
4.05%
Average Columbia County Tax Rate
3.65%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stillwater, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17878 | 4.00% | 4.05% | 4.05% | 4.18% | 4.18% |
Source: Ownwell
Property Tax Assessment Values Across Stillwater, Pennsylvania
In Stillwater, 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 Columbia County Assessor 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 Stillwater, 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 Stillwater helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 17878, with a value of $3014.00.
Average Stillwater Assessed Value
$72,940
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 Stillwater, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17878 | $29,660 | $47,160 | $72,940 | $103,868 | $141,506 |
Source: Ownwell
Property Tax Bills Across Stillwater, Pennsylvania
In Stillwater, Columbia County, PA, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the local tax assessor and is a percentage of your property's market value. Factors such as property size, location, and improvements can influence this assessed value. Once the assessed value is established, the local tax rate is applied to calculate your tax bill. For homeowners in Stillwater, the median home price is $72,940. Property tax bills can vary significantly; for instance, the tax bill at the 25th percentile is $1,928, while at the 75th percentile, it rises to $4,250. The 90th percentile tax bill can reach as high as $5,819. These figures show a wide range, indicating that individual circumstances and property characteristics play a crucial role in determining the final tax amount. Comparatively, the national median property tax rate is 0.99%, which can provide a benchmark for understanding how local rates stack up against national averages.
Average Stillwater Tax Bill
$3,014
Average Columbia County Tax Bill
$2,229
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Stillwater, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17878 | $1,187 | $1,928 | $3,014 | $4,250 | $5,819 |
Source: Ownwell