Enon Valley, Pennsylvania Property Taxes
The median property tax rate in Enon Valley, PA is 2.42%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $83,500 in Enon Valley, the typical annual property tax bill amounts to $2,178, slightly below the national median of $2,690. Property taxes in Enon Valley are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Enon Valley's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Enon Valley or another part of Lawrence County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Enon Valley, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.42%
Estimate Property Tax Bill
$2,021
Ownwell’s Enon Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Enon Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Enon Valley 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 Enon Valley, Pennsylvania
Property taxes in Enon Valley, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Enon Valley is 2.42%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Enon Valley set these rates annually, and they can vary considerably across different neighborhoods. Each year, Enon Valley 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 Enon Valley's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16120 has both the highest and lowest median property tax rate of 2.42%. Understanding how these cities compare with Enon Valley provides valuable insights into the varying tax landscape across Lawrence County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Enon Valley Tax Rate
2.42%
Average Lawrence County Tax Rate
2.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Enon Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16120 | 2.42% | 2.42% | 2.42% | 2.48% | 3.35% |
Source: Ownwell
Property Tax Assessment Values Across Enon Valley, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Enon Valley, PA. 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 Lawrence 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 Enon Valley, 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 Enon Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,178, found in the 16120 zip code.
Property Tax Assessment Values Across Enon Valley, Pennsylvania
Source: Ownwell
$43,200
$80,550
$117,900
Average Enon Valley Assessed Value
$83,500
Average Lawrence County Assessed Value
$65,300
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Enon Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16120 | $13,020 | $44,450 | $83,500 | $133,450 | $203,790 |
Source: Ownwell
Property Tax Bills Across Enon Valley, Pennsylvania
In Enon Valley, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Enon Valley can expect property tax rates to be influenced by various factors, including the median home price of $83,500. For instance, tax bills in this area range significantly, with the 25th percentile tax bill at $1,297 and the 75th percentile reaching $3,360. At the upper end, the 90th percentile tax bill can be as high as $4,969. Compared to the national median property tax rate of 0.99%, Enon Valley's property tax rates reflect the region's unique economic and housing conditions. These tax bills directly impact homeowners by influencing their annual housing costs and overall affordability of living in the region. Understanding these factors helps homeowners plan their finances more effectively and anticipate changes in their tax obligations.
Average Enon Valley Tax Bill
$2,178
Average Lawrence County Tax Bill
$2,023
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Enon Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16120 | $474 | $1,297 | $2,178 | $3,360 | $4,969 |
Source: Ownwell