Greenville, Pennsylvania Property Taxes
The median property tax rate in Greenville, PA is 6.02%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $22,799 in Greenville, the typical annual property tax bill reaches $1,376, which, while below the national median of $2,690, can still be a substantial expense for homeowners. Property taxes in Greenville are calculated based on the tax assessed value, typically lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Greenville'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 Greenville 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
Greenville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.02%
Estimate Property Tax Bill
$1,372
Ownwell’s Greenville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Greenville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Greenville 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 Greenville, Pennsylvania
Property taxes in Greenville, PA, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Greenville is 6.02%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Greenville set these rates annually, and they can vary across different neighborhoods. Each year, Greenville 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 Greenville’s effective property tax rate compares to other regions in Crawford County and the national median offers valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Greenville Tax Rate
6.02%
Average Crawford County Tax Rate
5.74%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greenville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16125 | 5.57% | 5.75% | 6.02% | 6.03% | 6.03% |
Source: Ownwell
Property Tax Assessment Values Across Greenville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Greenville, PA. 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 Crawford 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 Greenville, 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 Greenville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1376 in the 16125 zip code, while the lowest is also $1376 in the same zip code.
Average Greenville Assessed Value
$22,799
Average Crawford County Assessed Value
$26,552
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Greenville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16125 | $6,210 | $9,440 | $22,799 | $40,960 | $49,521 |
Source: Ownwell
Property Tax Bills Across Greenville, Pennsylvania
In Greenville, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Greenville, the median home price is $22,799, which serves as a baseline for calculating property taxes. The 25th percentile tax bill in Greenville is $542, indicating that a significant portion of homeowners pay relatively low property taxes compared to the national median property tax rate of 0.99%. On the higher end, the 75th percentile tax bill is $2,450, and the 90th percentile tax bill reaches up to $2,941, reflecting the variation in property values and tax burdens within the city. These property tax bills can significantly impact homeowners, influencing their overall cost of living and financial planning. The highest and lowest median tax bills in Greenville are both $1,376, highlighting a consistency in tax assessments within the area, specifically in the 16125 zip code.
Average Greenville Tax Bill
$1,376
Average Crawford County Tax Bill
$1,304
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Greenville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16125 | $362 | $542 | $1,376 | $2,450 | $2,941 |
Source: Ownwell