Cassville, Pennsylvania Property Taxes
The median property tax rate in Cassville, PA, is 5.28%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Cassville at $16,200, the typical annual property tax bill reaches $755, which is still below the national median of $2,690. Property taxes in Cassville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Cassville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Cassville or another part of Huntingdon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cassville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.28%
Estimate Property Tax Bill
$855
Ownwell’s Cassville Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cassville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cassville 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 Cassville, Pennsylvania
Property taxes in Cassville, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cassville is 5.28%, significantly higher than the U.S. national median of 0.99%. Local government entities within Cassville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cassville 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 Cassville's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 16623 has both the highest and lowest median property tax rate of 5.28%, identical to Cassville's rate. Understanding how these areas compare with Cassville 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 Cassville Tax Rate
5.28%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cassville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16623 | 0.65% | 5.28% | 5.28% | 5.29% | 6.51% |
Source: Ownwell
Property Tax Assessment Values Across Cassville, Pennsylvania
In Cassville, 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 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. 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 Cassville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Cassville, the median home price is $16,200. The 25th percentile tax bill is $444, the 75th percentile tax bill is $1,416, and the 90th percentile tax bill is $2,245. The highest and lowest median tax bills are both $755, found in the 16623 zip code.
Average Cassville Assessed Value
$16,200
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 Cassville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16623 | $6,060 | $9,800 | $16,200 | $26,800 | $41,100 |
Source: Ownwell
Property Tax Bills Across Cassville, Pennsylvania
In Cassville, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and typically reflects a percentage of the market value. Homeowners in Cassville can expect their tax bills to vary significantly, with the 25th percentile paying around $444 annually, while those at the 75th percentile see bills of approximately $1,416. At the 90th percentile, tax bills can reach up to $2,245. The median home price in Cassville is $16,200, and the local tax rate is influenced by the needs of the community, including funding for schools, infrastructure, and public services. Compared to the national median property tax rate of 0.99%, Cassville's tax rate can be more or less burdensome depending on individual circumstances. Homeowners must consider these factors when budgeting for annual expenses, as property taxes can significantly impact their financial planning.
Average Cassville Tax Bill
$755
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Cassville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16623 | $138 | $444 | $755 | $1,416 | $2,245 |
Source: Ownwell