Erie County Property Taxes
The median property tax rate in Erie County is 2.59%, which is significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Erie County at $98,900, the typical annual property tax bill reaches $2,898, which is above the national median of $2,690. Property taxes in Erie County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Erie County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Erie or another part of Erie County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Erie County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.59%
Estimate Property Tax Bill
$2,562
Ownwell’s Erie County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Erie County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Erie County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Erie County, Pennsylvania
Property taxes in Erie County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Erie County is 2.59%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Erie County set these rates annually, and they can vary significantly between different areas within the county. Each year, Erie County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Erie County's effective property tax rate with other counties in Pennsylvania and the national median. For comparison, the city of Erie has one of the higher property tax rates in Pennsylvania at 3.63%, while the city of West Springfield boasts one of the lowest at 1.82%. Analyzing how Erie County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Erie County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Erie County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Albion | 1.82% | 1.82% | 2.08% | 2.34% | 2.34% |
Cambridge Springs | 2.08% | 2.08% | 2.08% | 2.08% | 2.08% |
Corry | 2.16% | 2.26% | 3.17% | 3.17% | 3.17% |
Cranesville | 1.82% | 2.07% | 2.07% | 2.08% | 2.08% |
East Springfield | 1.82% | 1.82% | 1.82% | 1.82% | 1.82% |
Edinboro | 2.08% | 2.08% | 2.28% | 2.43% | 2.43% |
Erie | 2.53% | 2.53% | 3.63% | 3.76% | 3.76% |
Fairview | 2.53% | 2.64% | 2.64% | 2.64% | 2.64% |
Girard | 2.43% | 2.62% | 2.62% | 2.69% | 2.69% |
Harborcreek | 2.56% | 2.56% | 2.56% | 2.56% | 2.56% |
Lake City | 2.62% | 2.62% | 2.83% | 2.84% | 2.84% |
Mckean | N/A | N/A | N/A | N/A | N/A |
Mc Kean | 2.07% | 2.08% | 2.08% | 2.08% | 2.08% |
Mill Village | 2.04% | 2.04% | 2.04% | 2.04% | 2.04% |
North East | 2.20% | 2.20% | 2.20% | 2.57% | 2.57% |
North Springfield | 1.82% | 1.82% | 1.82% | 1.82% | 1.82% |
Spartansburg | 2.01% | 2.03% | 2.07% | 2.11% | 2.14% |
Springboro | 2.08% | 2.08% | 2.08% | 2.08% | 2.08% |
Union City | 1.92% | 2.08% | 2.66% | 2.66% | 2.93% |
Waterford | 1.99% | 2.08% | 2.13% | 2.13% | 2.21% |
Wattsburg | 2.93% | 2.95% | 2.95% | 2.95% | 3.13% |
West Springfield | 1.82% | 1.82% | 1.82% | 1.82% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Erie County, Pennsylvania
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Erie County, PA. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Erie County Appraisal District. The assessed value, however, 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. Assessment notices in Erie County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Fairview has the highest median tax bill at $4,492, while East Springfield has the lowest at $1,548. Being aware of these valuation processes in Erie County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Erie County, Pennsylvania
Source: Ownwell
$33,860
$103,725
$173,590
Average Erie County Assessed Value
$98,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Erie County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Albion | $26,000 | $63,700 | $83,300 | $105,300 | $131,400 |
Cambridge Springs | $31,340 | $71,650 | $97,605 | $134,345 | $169,580 |
Corry | $18,820 | $46,108 | $64,725 | $87,895 | $121,299 |
Cranesville | $35,090 | $66,835 | $86,000 | $116,590 | $150,920 |
East Springfield | $14,700 | $51,582 | $84,920 | $113,300 | $147,360 |
Edinboro | $67,964 | $94,800 | $128,990 | $170,300 | $225,230 |
Erie | $38,134 | $66,520 | $95,500 | $142,060 | $204,100 |
Fairview | $99,806 | $128,135 | $173,590 | $255,400 | $338,460 |
Girard | $14,400 | $70,450 | $99,575 | $132,198 | $180,072 |
Harborcreek | $76,190 | $95,402 | $122,845 | $158,765 | $204,301 |
Lake City | $17,840 | $65,750 | $98,600 | $122,130 | $150,982 |
Mckean | N/A | N/A | N/A | N/A | N/A |
Mc Kean | $10,480 | $27,400 | $108,700 | $147,085 | $185,280 |
Mill Village | $14,260 | $50,225 | $81,250 | $98,732 | $118,170 |
North East | $18,460 | $85,150 | $115,100 | $153,150 | $206,440 |
North Springfield | $64,755 | $78,580 | $101,890 | $137,000 | $203,130 |
Spartansburg | $76,476 | $77,880 | $80,220 | $82,560 | $83,964 |
Springboro | $44,460 | $60,600 | $155,270 | $164,700 | $171,660 |
Union City | $32,800 | $51,700 | $70,840 | $98,175 | $135,200 |
Waterford | $20,000 | $76,210 | $119,160 | $172,225 | $236,495 |
Wattsburg | $36,880 | $73,140 | $108,700 | $152,300 | $187,060 |
West Springfield | $6,820 | $46,460 | $92,080 | $117,600 | $143,132 |
Source: Ownwell
Property Tax Bills Across Erie County, Pennsylvania
In Erie County, PA, property tax bills are calculated based on the assessed value of homes. The median home price in the county is $98,900. Tax bills in Erie County vary significantly, with the 25th percentile tax bill at $2,047 and the 75th percentile tax bill at $3,894. At the higher end, the 90th percentile tax bill reaches $5,394. The tax rate in Erie County is higher than the national median property tax rate of 0.99%, reflecting the county's specific assessment practices and budgetary needs. Factors influencing the tax bill include the property's assessed value and the local tax rate. For example, in Fairview, the highest median tax bill is $4,492, while in East Springfield, the lowest median tax bill is $1,548. These property taxes directly impact homeowners by influencing their annual financial obligations. Higher tax bills can affect affordability and the overall cost of homeownership, making it essential for homeowners to understand how their tax liabilities are determined.
Average Erie County Tax Bill
$2,898
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Erie County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Albion | $498 | $1,267 | $1,812 | $2,252 | $2,727 |
Cambridge Springs | $652 | $1,490 | $2,030 | $2,794 | $3,527 |
Corry | $588 | $1,349 | $1,888 | $2,491 | $3,388 |
Cranesville | $739 | $1,378 | $1,762 | $2,360 | $3,170 |
East Springfield | $274 | $938 | $1,548 | $2,057 | $2,687 |
Edinboro | $1,543 | $2,162 | $2,931 | $3,796 | $4,955 |
Erie | $1,316 | $2,260 | $3,033 | $3,990 | $5,443 |
Fairview | $2,565 | $3,305 | $4,492 | $6,599 | $8,788 |
Girard | $380 | $1,690 | $2,598 | $3,387 | $4,695 |
Harborcreek | $1,948 | $2,437 | $3,129 | $4,042 | $5,101 |
Lake City | $506 | $1,831 | $2,726 | $3,394 | $4,120 |
Mckean | N/A | N/A | N/A | N/A | N/A |
Mc Kean | $237 | $631 | $2,257 | $3,056 | $3,785 |
Mill Village | $290 | $1,023 | $1,655 | $2,011 | $2,407 |
North East | $448 | $2,050 | $2,754 | $3,586 | $4,833 |
North Springfield | $1,176 | $1,427 | $1,850 | $2,488 | $3,598 |
Spartansburg | $1,635 | $1,644 | $1,659 | $1,674 | $1,683 |
Springboro | $925 | $1,261 | $3,231 | $3,427 | $3,572 |
Union City | $790 | $1,302 | $1,741 | $2,315 | $3,353 |
Waterford | $444 | $1,647 | $2,572 | $3,760 | $4,996 |
Wattsburg | $1,170 | $2,206 | $3,233 | $4,455 | $5,503 |
West Springfield | $130 | $861 | $1,672 | $2,135 | $2,601 |
Source: Ownwell