James Creek, Pennsylvania Property Taxes
The median property tax rate in James Creek, PA, is 6.10%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in James Creek, the typical annual property tax bill reaches $1,336, exceeding the national median of $2,690. Property taxes in James Creek 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 James Creek'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 James Creek 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
James Creek, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.1%
Estimate Property Tax Bill
$1,470
Ownwell’s James Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in James Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in James Creek 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 James Creek, Pennsylvania
Property taxes in James Creek, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in James Creek is 6.10%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within James Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, James Creek 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 James Creek's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 16657 has the highest median property tax rate of 6.10%, while the same zip code also has the lowest median tax rate of 6.10%. Understanding how these areas compare with James Creek 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 James Creek Tax Rate
6.10%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across James Creek, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16657 | 6.02% | 6.02% | 6.10% | 6.65% | 6.65% |
Source: Ownwell
Property Tax Assessment Values Across James Creek, Pennsylvania
In James Creek, 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 James Creek, 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 James Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16657 in James Creek has the highest and lowest median tax bill at $1,336.
Average James Creek Assessed Value
$24,100
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 James Creek, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16657 | $6,330 | $12,875 | $24,100 | $38,125 | $52,180 |
Source: Ownwell
Property Tax Bills Across James Creek, Pennsylvania
In James Creek, PA, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county's assessor and is meant to reflect a percentage of the property's market value. For homeowners in James Creek, the median home price is $24,100. Property taxes are then calculated by applying the local tax rate to this assessed value. Several factors can influence your property tax bill, including changes in the assessed value of your home, adjustments in the local tax rate, and any applicable exemptions or deductions. For example, if your home falls within the 25th percentile, you might expect a tax bill around $605, while those in the 75th percentile could see bills as high as $2,231. The highest median tax bill in the area is $1,336, which is significantly higher than the national median property tax rate of 0.99%, reflecting the unique economic conditions of the region. Understanding these factors can help homeowners anticipate their annual property tax obligations and budget accordingly.
Average James Creek Tax Bill
$1,336
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across James Creek, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16657 | $245 | $605 | $1,336 | $2,231 | $3,105 |
Source: Ownwell