Mifflintown, Pennsylvania Property Taxes
The median property tax rate in Mifflintown, PA is 9.75%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Mifflintown, the typical annual property tax bill reaches $1,921, which, while lower than the national median of $2,690, is still significant given the higher tax rate. Property taxes in Mifflintown 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 Mifflintown'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 Mifflintown 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
Mifflintown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
9.75%
Estimate Property Tax Bill
$1,885
Ownwell’s Mifflintown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mifflintown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mifflintown 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 Mifflintown, Pennsylvania
Property taxes in Mifflintown, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Mifflintown is 9.75%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mifflintown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mifflintown 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 Mifflintown's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17059 has the highest median property tax rate of 9.75%, while the same zip code also has the lowest median tax rate of 9.75%. Understanding how these areas compare with Mifflintown provides valuable insights into the varying tax landscape across Juniata County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mifflintown Tax Rate
9.75%
Average Juniata County Tax Rate
9.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mifflintown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17059 | 9.49% | 9.59% | 9.75% | 10.34% | 10.34% |
Source: Ownwell
Property Tax Assessment Values Across Mifflintown, Pennsylvania
In Mifflintown, 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 Juniata 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. In Mifflintown, 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. For instance, the highest median tax bill in the area is $1,921, found in zip code 17059. By being aware of these valuation processes, property owners can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mifflintown Assessed Value
$19,330
Average Juniata County Assessed Value
$17,920
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mifflintown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17059 | $5,620 | $10,575 | $19,330 | $27,890 | $36,884 |
Source: Ownwell
Property Tax Bills Across Mifflintown, Pennsylvania
In Mifflintown, Juniata County, PA, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor and is a percentage of the property's market value. Homeowners in Mifflintown experience a range of property tax bills, with the 25th percentile at $1,085 and the 75th percentile at $2,775. The 90th percentile tax bill can reach up to $3,652. The median home price in Mifflintown is $19,330, which is significantly lower than the national median. This lower home price results in relatively lower property tax bills compared to other regions. However, the local tax rate and assessed values still play a crucial role in determining the final amount. Homeowners must be aware of these factors as they directly impact their annual financial obligations. Understanding how these elements interact helps homeowners anticipate their property tax bills and manage their budgets accordingly.
Average Mifflintown Tax Bill
$1,921
Average Juniata County Tax Bill
$1,779
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mifflintown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17059 | $572 | $1,085 | $1,921 | $2,775 | $3,652 |
Source: Ownwell