Blakeslee, Pennsylvania Property Taxes
The median property tax rate in Blakeslee, PA is 0.52%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $131,400 in Blakeslee, the typical annual property tax bill is $739, far below the national median of $2,690. Property taxes in Blakeslee are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Blakeslee'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 Blakeslee or another part of Monroe County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Blakeslee, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$683
Ownwell’s Blakeslee Property Tax Bill Calculator offers homeowners, real estate investors, and potential buyers a quick and easy way to estimate their annual property taxes in Blakeslee. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Blakeslee to provide an estimate of your property tax bill. This valuable tool helps you gauge potential tax liabilities with ease. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Remember, your property's assessed value is determined by Monroe County for tax purposes and includes any applicable exemptions.
Property Tax Rates Across Blakeslee, Pennsylvania
Property taxes in Blakeslee, Pennsylvania, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Blakeslee is 0.52%, which is lower than the U.S. national median of 0.99%. Local government entities within Blakeslee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blakeslee 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 Blakeslee's effective property tax rate to other areas in Monroe County and the national median. For comparison, the zip code 18610 has the highest median property tax rate of 0.52%, while the same zip code also has the lowest median tax rate of 0.52%. Understanding how these areas compare with Blakeslee provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blakeslee Tax Rate
0.52%
Average Monroe County Tax Rate
0.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blakeslee, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18610 | 0.52% | 0.52% | 0.52% | 0.52% | 2.10% |
Source: Ownwell
Property Tax Assessment Values Across Blakeslee, Pennsylvania
In Blakeslee, 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 Monroe County 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 Blakeslee, 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. The median home price in Blakeslee is $131,400, with tax bills ranging from $556 at the 25th percentile to $1,579 at the 90th percentile. 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 Blakeslee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Blakeslee, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Average Blakeslee Assessed Value
$131,400
Average Monroe County Assessed Value
$134,550
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blakeslee, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18610 | $56,982 | $101,660 | $131,400 | $178,260 | $223,430 |
Source: Ownwell
Property Tax Bills Across Blakeslee, Pennsylvania
In Blakeslee, located in Monroe County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's assessment office and reflects a percentage of the property's market value. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Homeowners in Blakeslee can expect varying tax bills depending on their property's assessed value. For instance, the median home price in the area is $131,400. Property tax bills can range significantly, with the 25th percentile at $556 and the 75th percentile reaching $1,028. For those at the 90th percentile, tax bills can be as high as $1,579. Notably, the median tax bill in the area stands at $739, which is lower than the national median property tax rate of 0.99%. These variations in tax bills can significantly impact homeowners' financial planning and overall cost of living.
Average Blakeslee Tax Bill
$739
Average Monroe County Tax Bill
$814
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Blakeslee, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18610 | $349 | $556 | $739 | $1,028 | $1,579 |
Source: Ownwell