Alexandria, Pennsylvania Property Taxes
The median property tax rate in Alexandria, PA is 6.28%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Alexandria at $12,900, the typical annual property tax bill reaches $636, which is lower than the national median of $2,690. Property taxes in Alexandria are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Alexandria'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 Alexandria or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alexandria, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.28%
Estimate Property Tax Bill
$810
Ownwell’s Alexandria Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Alexandria with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alexandria 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 Alexandria, Pennsylvania
Property taxes in Alexandria, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alexandria is 6.28%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Alexandria set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alexandria 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 Alexandria's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16611 zip code has the highest median property tax rate of 6.28%, while the same zip code also has the lowest median tax rate of 6.28%. Understanding how these cities compare with Alexandria provides valuable insights into the varying tax landscape across Huntingdon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alexandria Tax Rate
6.28%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alexandria, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16611 | 0.63% | 5.91% | 6.28% | 6.28% | 6.28% |
Source: Ownwell
Property Tax Assessment Values Across Alexandria, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Alexandria, 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 Huntingdon County Appraisal District 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 Alexandria, 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. For instance, the median home price in Alexandria is $12,900, with tax bills ranging from $325 at the 25th percentile to $2,090 at the 90th percentile. The highest and lowest median tax bills, both $636, are found in zip code 16611. 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.
Average Alexandria Assessed Value
$12,900
Average Huntingdon County Assessed Value
$15,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alexandria, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16611 | $3,900 | $6,250 | $12,900 | $20,650 | $38,260 |
Source: Ownwell
Property Tax Bills Across Alexandria, Pennsylvania
In Alexandria, PA, property tax bills are calculated based on the assessed value of a home rather than its market value. The assessed value is determined by the local tax assessor and represents a percentage of the home's market value. For homeowners in Huntingdon County, the median home price stands at $12,900. Property tax rates and levies are then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions or abatements. In Alexandria, property tax bills can vary significantly, with the 25th percentile tax bill at $325 and the 75th percentile reaching $1,129. The highest median tax bill in the area is $636, found in the 16611 zip code. For homeowners, this means that property taxes can represent a substantial portion of their annual expenses, potentially affecting their financial planning and homeownership decisions. Understanding how these taxes are calculated and what factors are considered can help homeowners better anticipate their annual property tax obligations.
Average Alexandria Tax Bill
$636
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Alexandria, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16611 | $95 | $325 | $636 | $1,129 | $2,090 |
Source: Ownwell