Entriken, Pennsylvania Property Taxes
The median property tax rate in Entriken, PA is 6.02%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Entriken at $18,000, the typical annual property tax bill reaches $1,035, exceeding the national median of $2,690. Property taxes in Entriken 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 Entriken'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 Entriken 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
Entriken, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.02%
Estimate Property Tax Bill
$1,084
Ownwell’s Entriken Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Entriken with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Entriken 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 Entriken, Pennsylvania
Property taxes in Entriken, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Entriken is 6.02%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Entriken set these rates annually, and they can vary significantly across different neighborhoods. Each year, Entriken 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 Entriken's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16638 has the highest median property tax rate of 6.02%, while the same zip code also has the lowest median tax rate of 6.02%. Understanding how these cities compare with Entriken 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 Entriken Tax Rate
6.02%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Entriken, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16638 | 3.85% | 6.02% | 6.02% | 6.02% | 6.02% |
Source: Ownwell
Property Tax Assessment Values Across Entriken, Pennsylvania
In Entriken, 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 Entriken, 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 Entriken helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $18,000, with tax bills ranging from $710 at the 25th percentile to $1,931 at the 90th percentile. The zip code with the highest and lowest median tax bill is 16638, both at $1,035.
Average Entriken Assessed Value
$18,000
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 Entriken, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16638 | $7,000 | $13,900 | $18,000 | $28,500 | $32,080 |
Source: Ownwell
Property Tax Bills Across Entriken, Pennsylvania
In Entriken, property tax bills are calculated based on the assessed value of the property and the local tax rate set by Huntingdon County. The assessed value is determined by the county assessor and is a percentage of the property's market value. Factors such as location, property size, and improvements can influence this assessed value. For homeowners in Entriken, the financial impact of property taxes can vary significantly. The median home price in the area is $18,000, and tax bills range widely. At the 25th percentile, tax bills are around $710, while at the 75th percentile, they can reach up to $1,715. The top 10% of property tax bills climb even higher, averaging $1,931. Comparatively, the highest and lowest median tax bills in the region are both $1,035, indicating a consistent tax rate across different properties. With the national median property tax rate at 0.99%, homeowners in Entriken might find their tax rates to be relatively moderate, depending on their property's assessed value. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Entriken Tax Bill
$1,035
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Entriken, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16638 | $188 | $710 | $1,035 | $1,715 | $1,931 |
Source: Ownwell