Cumbola, Pennsylvania Property Taxes
The median property tax rate in Cumbola, PA is 2.98%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Cumbola at $32,630, the typical annual property tax bill reaches $963, which is significantly lower than the national median of $2,690. Property taxes in Cumbola 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 Cumbola'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 Cumbola 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
Cumbola, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.98%
Estimate Property Tax Bill
$972
Ownwell’s Cumbola Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cumbola with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cumbola 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 Cumbola, Pennsylvania
Property taxes in Cumbola, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cumbola is 2.98%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Cumbola set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cumbola 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 Cumbola's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17930 zip code has the highest median property tax rate of 2.98%, while the same zip code also has the lowest median tax rate of 2.98%. Understanding how these cities compare with Cumbola provides valuable insights into the varying tax landscape across Schuylkill County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cumbola Tax Rate
2.98%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cumbola, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17930 | 2.98% | 2.98% | 2.98% | 2.98% | 2.98% |
Source: Ownwell
Property Tax Assessment Values Across Cumbola, Pennsylvania
In Cumbola, 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 Schuylkill 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 Cumbola, 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 Cumbola 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 17930, both valued at $963.
Average Cumbola Assessed Value
$32,630
Average Schuylkill County Assessed Value
$47,370
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cumbola, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17930 | $18,488 | $24,420 | $32,630 | $49,205 | $71,803 |
Source: Ownwell
Property Tax Bills Across Cumbola, Pennsylvania
In Cumbola, Schuylkill County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local government assessors who evaluate the property's market value. Homeowners in Cumbola can expect their property tax bill to be influenced by the median home price, which is $32,630. Property taxes in this area vary significantly, with the 25th percentile tax bill at $727 and the 75th percentile tax bill at $1,464. For those in the 90th percentile, tax bills can reach up to $2,106. These figures highlight how property taxes can differ based on the value of the property and the specific assessment criteria used. Compared to the national median property tax rate of 0.99%, Cumbola's property tax rates result in varied financial impacts on homeowners, with the highest median tax bill recorded at $963 in the zip code 17930. Understanding these factors helps homeowners anticipate their annual property tax obligations and budget accordingly.
Average Cumbola Tax Bill
$963
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Cumbola, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17930 | $550 | $727 | $963 | $1,464 | $2,106 |
Source: Ownwell