Beyer, Pennsylvania Property Taxes
The median property tax rate in Beyer, PA is 1.78%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Beyer, the typical annual property tax bill reaches $1,112, exceeding the national median of $2,690. Property taxes in Beyer 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 Beyer'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 Beyer 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
Beyer, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.78%
Estimate Property Tax Bill
$1,094
Ownwell’s Beyer Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Beyer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beyer to provide an estimate of 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 Beyer, Pennsylvania
Property taxes in Beyer, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beyer is 1.78%, significantly higher than the U.S. national median of 0.99%. Local government entities within Beyer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beyer 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 Beyer's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 16211 zip code has the highest median property tax rate of 1.78%, while the same zip code also holds the lowest median tax rate of 1.78%. Understanding how these cities compare with Beyer provides valuable insights into the varying tax landscape across Indiana County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beyer Tax Rate
1.78%
Average Indiana County Tax Rate
2.03%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beyer, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16211 | 1.78% | 1.78% | 1.78% | 1.78% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Beyer, Pennsylvania
In Beyer, 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 Indiana 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 Beyer, 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 Beyer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 16211, with a median tax bill of $1,112.
Average Beyer Assessed Value
$61,450
Average Indiana County Assessed Value
$98,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beyer, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16211 | $10,330 | $32,750 | $61,450 | $77,425 | $151,780 |
Source: Ownwell
Property Tax Bills Across Beyer, Pennsylvania
In Beyer, Indiana County, PA, property tax bills hinge on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. For example, with a median home price of $61,450, homeowners in Beyer can expect their property tax to vary significantly. The 25th percentile tax bill is around $721, while the 75th percentile tax bill rises to approximately $1,393. For those at the higher end, the 90th percentile tax bill can reach up to $2,716. These property tax bills are influenced by various factors, including the property's market value, any applicable exemptions, and the specific tax rate set by local authorities. With the national median property tax rate at 0.99%, Beyer's rates offer a comparative perspective for homeowners. Understanding these elements helps homeowners anticipate their financial obligations and manage their budgets effectively.
Average Beyer Tax Bill
$1,112
Average Indiana County Tax Bill
$2,051
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Beyer, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16211 | $196 | $721 | $1,112 | $1,393 | $2,716 |
Source: Ownwell