Burnt Cabins, Pennsylvania Property Taxes
The median property tax rate in Burnt Cabins, PA is 5.16%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Burnt Cabins at $18,900, the typical annual property tax bill reaches $470, which is below the national median of $2,690. Property taxes in Burnt Cabins are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding the property tax system in Burnt Cabins, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Burnt Cabins or another part of Huntingdon County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Burnt Cabins, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.16%
Estimate Property Tax Bill
$975
Ownwell’s Burnt Cabins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burnt Cabins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burnt Cabins 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 Burnt Cabins, Pennsylvania
Property taxes in Burnt Cabins, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burnt Cabins is 5.16%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Burnt Cabins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burnt Cabins 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 Burnt Cabins' effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17215 has the highest median property tax rate of 5.16%, while the same zip code also has the lowest median tax rate of 5.16%. Understanding how these cities compare with Burnt Cabins 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 Burnt Cabins Tax Rate
5.16%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burnt Cabins, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17215 | 0.52% | 5.16% | 5.16% | 5.16% | 5.16% |
Source: Ownwell
Property Tax Assessment Values Across Burnt Cabins, Pennsylvania
In Burnt Cabins, 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 Huntingdon 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 Burnt Cabins, 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 Burnt Cabins helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $470.00, found in the 17215 zip code.
Average Burnt Cabins Assessed Value
$18,900
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 Burnt Cabins, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17215 | $5,500 | $9,100 | $18,900 | $38,900 | $55,000 |
Source: Ownwell
Property Tax Bills Across Burnt Cabins, Pennsylvania
In Burnt Cabins, located in Huntingdon County, PA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county's assessment office and is meant to reflect the property's market value. The tax rate, or millage rate, is then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's size, location, and any improvements made. For instance, the median home price in Burnt Cabins is $18,900. Homeowners in the 25th percentile of tax bills pay around $284 annually, while those in the 75th percentile face a tax bill of approximately $1,730. At the 90th percentile, the tax bill can reach up to $2,690. These property taxes fund essential local services such as schools, public safety, and infrastructure maintenance. Understanding how these taxes are calculated and what to expect can help homeowners in Burnt Cabins budget accordingly and potentially seek tax relief if their assessed value seems disproportionately high.
Average Burnt Cabins Tax Bill
$470
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Burnt Cabins, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17215 | $96 | $284 | $470 | $1,730 | $2,690 |
Source: Ownwell