Mattawana, Pennsylvania Property Taxes
The median property tax rate in Mattawana, PA is 2.66%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Mattawana at $91,550, the typical annual property tax bill reaches $2,439, which is below the national median of $2,690. Property taxes in Mattawana 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 Mattawana'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 Mattawana 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
Mattawana, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.66%
Estimate Property Tax Bill
$2,435
Ownwell’s Mattawana Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mattawana with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mattawana 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 Mattawana, Pennsylvania
Property taxes in Mattawana, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mattawana is 2.66%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mattawana set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mattawana 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 Mattawana's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17054 zip code has the highest median property tax rate of 2.66%, while the same zip code also has the lowest median tax rate of 2.66%. Understanding how these cities compare with Mattawana provides valuable insights into the varying tax landscape across Mifflin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mattawana Tax Rate
2.66%
Average Mifflin County Tax Rate
2.92%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mattawana, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17054 | 2.66% | 2.66% | 2.66% | 2.66% | 2.66% |
Source: Ownwell
Property Tax Assessment Values Across Mattawana, Pennsylvania
In Mattawana, 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 Mifflin 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 Mattawana, 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 Mattawana helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 17054, with a median tax bill of $2,439.
Average Mattawana Assessed Value
$91,550
Average Mifflin County Assessed Value
$67,100
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mattawana, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17054 | $84,390 | $87,075 | $91,550 | $96,025 | $98,710 |
Source: Ownwell
Property Tax Bills Across Mattawana, Pennsylvania
In Mattawana, located in Mifflin County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Mattawana, the median home price is $91,550, and the property tax rate is influenced by various factors, including local government budgets and public service needs. Homeowners in Mattawana can expect to pay a property tax bill that typically ranges from $2,320 at the 25th percentile to $2,630 at the 90th percentile. The highest median tax bill in the area is $2,439, which is significantly higher than the national median property tax rate of 0.99%. These taxes fund essential services such as schools, emergency services, and infrastructure, impacting the overall quality of life in the community. Understanding how these factors contribute to the property tax bill can help homeowners better manage their finances and anticipate future expenses.
Average Mattawana Tax Bill
$2,439
Average Mifflin County Tax Bill
$1,976
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mattawana, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17054 | $2,249 | $2,320 | $2,439 | $2,559 | $2,630 |
Source: Ownwell