Johnsonburg, Pennsylvania Property Taxes
The median property tax rate in Johnsonburg, PA is 3.98%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Johnsonburg at $36,100, the typical annual property tax bill reaches $1,352, exceeding the national median of $2,690. Property taxes in Johnsonburg 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 Johnsonburg'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 Johnsonburg 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
Johnsonburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.98%
Estimate Property Tax Bill
$1,437
Ownwell’s Johnsonburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Johnsonburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Johnsonburg 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 Johnsonburg, Pennsylvania
Property taxes in Johnsonburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Johnsonburg is 3.98%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Johnsonburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Johnsonburg 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 Johnsonburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, Johnsonburg has the highest median property tax rate in the area at 3.98%, while other regions in Elk County, such as those within the zip code 15845, also share this median tax rate. Understanding how these cities compare with Johnsonburg provides valuable insights into the varying tax landscape across Elk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Johnsonburg Tax Rate
3.98%
Average Elk County Tax Rate
3.06%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Johnsonburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15845 | 2.54% | 3.98% | 3.98% | 3.98% | 3.98% |
Source: Ownwell
Property Tax Assessment Values Across Johnsonburg, Pennsylvania
In Johnsonburg, 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 Elk 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 Johnsonburg, 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 Johnsonburg 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 15845, amounting to $1,352, which is the same as the lowest median tax bill in the region.
Average Johnsonburg Assessed Value
$36,100
Average Elk County Assessed Value
$39,300
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Johnsonburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15845 | $2,160 | $25,100 | $36,100 | $48,500 | $69,600 |
Source: Ownwell
Property Tax Bills Across Johnsonburg, Pennsylvania
In Johnsonburg, located in Elk County, PA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in Johnsonburg is $36,100, and property tax rates are applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners in Johnsonburg, the tax bills can vary significantly. The 25th percentile tax bill is around $936, while the 75th percentile tax bill reaches up to $1709. Those in the 90th percentile can expect to pay as much as $2275 annually. The highest and lowest median tax bills in the area both stand at $1352, highlighting the range of possible tax obligations. Compared to the national median property tax rate of 0.99%, Johnsonburg's tax rates can lead to varying impacts on homeowners depending on their property's assessed value. This variability underscores the importance of understanding local property tax calculations and potential exemptions to manage and potentially reduce tax burdens.
Average Johnsonburg Tax Bill
$1,352
Average Elk County Tax Bill
$1,325
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Johnsonburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15845 | $83 | $936 | $1,352 | $1,709 | $2,275 |
Source: Ownwell