Orbisonia, Pennsylvania Property Taxes
The median property tax rate in Orbisonia, PA is 5.08%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Orbisonia at $14,200, the typical annual property tax bill reaches $618, which is significantly lower than the national median of $2,690. Property taxes in Orbisonia are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Orbisonia'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 Orbisonia 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
Orbisonia, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.08%
Estimate Property Tax Bill
$721
Ownwell’s Orbisonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orbisonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orbisonia 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 Huntingdon County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Orbisonia, Pennsylvania
Property taxes in Orbisonia, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orbisonia is 5.08%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Orbisonia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orbisonia 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 Orbisonia's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17243 zip code has the highest median property tax rate of 5.08%, while the same zip code also has the lowest median tax rate of 5.08%. Understanding how these cities compare with Orbisonia 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 Orbisonia Tax Rate
5.08%
Average Huntingdon County Tax Rate
5.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orbisonia, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17243 | 0.52% | 5.08% | 5.08% | 5.19% | 5.20% |
Source: Ownwell
Property Tax Assessment Values Across Orbisonia, Pennsylvania
In Orbisonia, 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 local 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 Orbisonia, 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 example, the median home price in the area is $14,200, with tax bills ranging from $300 at the 25th percentile to $1,613 at the 90th percentile. The highest and lowest median tax bills both stand at $618 in the 17243 zip code. 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 Orbisonia Assessed Value
$14,200
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 Orbisonia, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17243 | $4,760 | $6,950 | $14,200 | $22,350 | $32,320 |
Source: Ownwell
Property Tax Bills Across Orbisonia, Pennsylvania
Property tax bills in Orbisonia, located in Huntingdon County, PA, are determined based on several key factors. The primary factor is the assessed value of the property, which is derived from the market value. For a median home price of $14,200 in Orbisonia, the assessed value is used to calculate the tax bill. Local tax rates, set by various taxing authorities such as the county, school district, and municipality, are then applied to this assessed value. Homeowners in Orbisonia can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $300, while the 75th percentile tax bill reaches $1,100. The 90th percentile tax bill can go up to $1,613. These variations highlight how different factors, including property value and local tax rates, impact the overall tax burden. Compared to the national median property tax rate of 0.99%, Orbisonia's rates reflect the local economic conditions and funding needs, directly affecting homeowners' financial responsibilities.
Average Orbisonia Tax Bill
$618
Average Huntingdon County Tax Bill
$782
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Orbisonia, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17243 | $104 | $300 | $618 | $1,100 | $1,613 |
Source: Ownwell