Hawley, Pennsylvania Property Taxes
The median property tax rate in Hawley, PA is 2.70%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Hawley, the typical annual property tax bill reaches $3,262, exceeding the national median of $2,690. Property taxes in Hawley 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 Hawley'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 Hawley 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
Hawley, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.7%
Estimate Property Tax Bill
$3,150
Ownwell’s Hawley Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Hawley. Simply input your property's estimated assessed value, and the calculator will apply the median tax rate in Hawley to provide an accurate estimate of your property tax bill. This valuable resource helps you understand potential tax liabilities with ease. For those interested in more detailed insights, scroll down to explore neighborhood-level trends and localized information. Your property's assessed value, determined by Pike County, is crucial for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Hawley, Pennsylvania
Property taxes in Hawley, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Hawley is 2.70%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Hawley set these rates annually, and they can vary across different neighborhoods. Each year, Hawley 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 Hawley's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18428 has both the highest and lowest median property tax rate of 2.70%. Understanding how these cities compare with Hawley provides valuable insights into the varying tax landscape across Pike County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hawley Tax Rate
2.70%
Average Pike County Tax Rate
3.72%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hawley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18428 | 2.70% | 2.70% | 2.70% | 2.87% | 2.87% |
Source: Ownwell
Property Tax Assessment Values Across Hawley, Pennsylvania
In Hawley, 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 Pike 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. Assessment notices in Hawley 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 Hawley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 18428, with a median tax bill of $3,262.
Average Hawley Assessed Value
$116,684
Average Pike County Assessed Value
$106,483
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hawley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18428 | $67,672 | $87,584 | $116,684 | $156,522 | $207,931 |
Source: Ownwell
Property Tax Bills Across Hawley, Pennsylvania
In Hawley, located in Pike County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is a percentage of the property's market value. Homeowners in this region face property tax bills that vary significantly based on several factors, including the home's assessed value and the local tax rate. For instance, the median home price in Hawley is $116,684, and property tax bills range from $2,450 at the 25th percentile to $5,876 at the 90th percentile. The highest median tax bill in the area is $3,262, found in the 18428 zip code. These tax bills can have a substantial impact on homeowners, affecting their monthly expenses and the overall affordability of their homes. Compared to the national median property tax rate of 0.99%, homeowners in Hawley may find their tax bills to be a significant financial consideration when budgeting for homeownership. Understanding how these factors interplay is crucial for residents to manage their finances effectively.
Average Hawley Tax Bill
$3,262
Average Pike County Tax Bill
$3,676
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Hawley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18428 | $1,881 | $2,450 | $3,262 | $4,387 | $5,876 |
Source: Ownwell