Paupack, Pennsylvania Property Taxes
The median property tax rate in Paupack, PA is 2.69%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Paupack at $117,775, the typical annual property tax bill reaches $3,147, exceeding the national median of $2,690. Property taxes in Paupack 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 Paupack'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 Paupack 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
Paupack, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.69%
Estimate Property Tax Bill
$3,168
Ownwell’s Paupack Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Paupack with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Paupack 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 Paupack, Pennsylvania
Property taxes in Paupack, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Paupack is 2.69%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Paupack set these rates annually, and they can vary significantly across different neighborhoods. Each year, Paupack 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 Paupack's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18451 zip code has the highest median property tax rate of 2.69%, while the same zip code also has the lowest median tax rate of 2.69%. Understanding how these cities compare with Paupack 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 Paupack Tax Rate
2.69%
Average Pike County Tax Rate
3.72%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Paupack, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18451 | 2.69% | 2.69% | 2.69% | 2.69% | 2.69% |
Source: Ownwell
Property Tax Assessment Values Across Paupack, Pennsylvania
In Paupack, 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. In Paupack, 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. For instance, the median home price in Paupack is $117,775, with tax bills ranging from $1,887 at the 25th percentile to $8,350 at the 90th percentile. The highest and lowest median tax bills are both $3,147 in the zip code 18451. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Paupack Assessed Value
$117,775
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 Paupack, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18451 | $45,419 | $70,395 | $117,775 | $178,678 | $315,363 |
Source: Ownwell
Property Tax Bills Across Paupack, Pennsylvania
In Paupack, located in Pike 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 assessor and is a percentage of the property's market value. Homeowners in this region face varying tax bills, influenced by the assessed value and the specific tax rate applied. For instance, the median home price in Paupack is $117,775. Homeowners at the 25th percentile can expect a tax bill around $1,887, while those at the 75th percentile might see bills as high as $4,792. At the 90th percentile, tax bills can reach up to $8,350. The highest median tax bill in the area is $3,147, found in the 18451 zip code. Compared to the national median property tax rate of 0.99%, Paupack's rates can significantly impact homeowners, especially those with higher-valued properties. Understanding these factors helps homeowners anticipate their annual expenses and budget accordingly.
Average Paupack Tax Bill
$3,147
Average Pike County Tax Bill
$3,676
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Paupack, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18451 | $1,216 | $1,887 | $3,147 | $4,792 | $8,350 |
Source: Ownwell