Frackville, Pennsylvania Property Taxes
The median property tax rate in Frackville, PA is 4.09%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Frackville at $42,080, the typical annual property tax bill amounts to $1,703, which is below the national median of $2,690. Property taxes in Frackville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Frackville'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 Frackville or another part of Schuylkill County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Frackville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.09%
Estimate Property Tax Bill
$1,721
Ownwell’s Frackville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Frackville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Frackville 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 Frackville, Pennsylvania
Property taxes in Frackville, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Frackville is 4.09%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Frackville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Frackville 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 Frackville's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17931 has the same highest and lowest median property tax rate of 4.09%. Understanding how these figures compare with Frackville 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 Frackville Tax Rate
4.09%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Frackville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17931 | 3.64% | 3.98% | 4.09% | 4.09% | 4.09% |
Source: Ownwell
Property Tax Assessment Values Across Frackville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Frackville, Pennsylvania. 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 Frackville, 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 Frackville is $42,080, with property tax bills ranging from $1,384 at the 25th percentile to $2,750 at the 75th percentile, and up to $3,867 at the 90th percentile. The zip code 17931 has the highest and lowest median tax bill, both at $1,703. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Frackville Assessed Value
$42,080
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 Frackville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17931 | $28,755 | $34,500 | $42,080 | $68,200 | $99,865 |
Source: Ownwell
Property Tax Bills Across Frackville, Pennsylvania
In Frackville, located in Schuylkill County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects a percentage of the property's market value. Homeowners in Frackville face a median property tax bill of $1,703, which is notably higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, the tax bill for homes in the 25th percentile is around $1,384, while those in the 75th percentile pay approximately $2,750. The highest tax bills, seen in the 90th percentile, can reach up to $3,867. These property taxes significantly impact homeowners, as they must budget for these annual expenses. Higher property taxes can affect the affordability of owning a home and may influence decisions about purchasing or maintaining property in the area.
Average Frackville Tax Bill
$1,703
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Frackville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17931 | $1,159 | $1,384 | $1,703 | $2,750 | $3,867 |
Source: Ownwell