Duncannon, Pennsylvania Property Taxes
The median property tax rate in Duncannon, PA is 1.80%, which is notably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Duncannon at $142,300, the typical annual property tax bill amounts to $2,540, slightly below the national median of $2,690. Property taxes in Duncannon are calculated based on the assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Duncannon'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 Duncannon or another part of Perry County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Duncannon, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$2,561
Ownwell’s Duncannon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Duncannon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Duncannon 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 Duncannon, Pennsylvania
Property taxes in Duncannon, PA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Duncannon is 1.80%, significantly higher than the U.S. national median of 0.99%. Local government entities within Duncannon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Duncannon 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 Duncannon's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17020 zip code has the highest median property tax rate of 1.80%, while the same zip code also has the lowest median tax rate of 1.80%. Understanding how these cities compare with Duncannon provides valuable insights into the varying tax landscape across Perry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Duncannon Tax Rate
1.80%
Average Perry County Tax Rate
1.60%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Duncannon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17020 | 1.80% | 1.80% | 1.80% | 1.80% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Duncannon, Pennsylvania
In Duncannon, 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 Perry 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 Duncannon, 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. For example, the median home price is $142,300, and the median tax bill in the highest and lowest zip code, 17020, is $2,540. 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 Duncannon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Duncannon Assessed Value
$142,300
Average Perry County Assessed Value
$142,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Duncannon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17020 | $56,310 | $98,400 | $142,300 | $193,350 | $275,090 |
Source: Ownwell
Property Tax Bills Across Duncannon, Pennsylvania
In Duncannon, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the Perry County tax assessor. The assessed value is a percentage of the property's market value. For example, with a median home price of $142,300, the tax bill can vary significantly. Homeowners in the 25th percentile of tax bills pay around $1,752, while those in the 75th percentile face bills as high as $3,445. The top 10% of tax bills can reach up to $4,915. Several factors influence the tax bill, including changes in the local real estate market, property improvements, and reassessments. The median tax bill in Duncannon aligns closely with the highest median tax bill in the region, which is $2,540 in the 17020 zip code. Compared to the national median property tax rate of 0.99%, homeowners in Duncannon experience a range of tax burdens that reflect the diverse property values and tax rates in the area. This variability can significantly impact homeowners' financial planning and long-term investment in their properties.
Average Duncannon Tax Bill
$2,540
Average Perry County Tax Bill
$2,100
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Duncannon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17020 | $1,010 | $1,752 | $2,540 | $3,445 | $4,915 |
Source: Ownwell