Hegins, Pennsylvania Property Taxes
The median property tax rate in Hegins, PA is 2.99%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $62,963 in Hegins, the typical annual property tax bill reaches $1,856, which is below the national median of $2,690. Property taxes in Hegins are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Hegins' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Hegins 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
Hegins, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.99%
Estimate Property Tax Bill
$1,883
Ownwell’s Hegins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hegins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hegins 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 Hegins, Pennsylvania
Property taxes in Hegins, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hegins is 1.55%, notably higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Hegins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hegins 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 Hegins's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17938 zip code has the highest median property tax rate of 1.55%, while the same zip code also has the lowest median tax rate of 1.55%. Understanding how these cities compare with Hegins 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 Hegins Tax Rate
2.99%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hegins, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17938 | 2.80% | 2.99% | 2.99% | 2.99% | 2.99% |
Source: Ownwell
Property Tax Assessment Values Across Hegins, Pennsylvania
In Hegins, 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 Hegins, 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 Hegins helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Hegins is $1856 in the 17938 zip code, which also has the lowest median tax bill.
Average Hegins Assessed Value
$62,963
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 Hegins, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17938 | $33,073 | $45,052 | $62,963 | $94,894 | $139,846 |
Source: Ownwell
Property Tax Bills Across Hegins, Pennsylvania
In Hegins, 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's property assessor and is typically a percentage of the market value. Homeowners in Schuylkill County can expect their property tax bills to vary significantly, depending on their home's assessed value and the specific tax rates applied. For instance, the median home price in Hegins is $62,963. Property tax bills in this area range widely, with the 25th percentile around $1,339 and the 75th percentile reaching up to $2,787. At the 90th percentile, tax bills can climb to $4,142. These figures highlight the substantial impact property taxes can have on homeowners' finances, especially when compared to the national median property tax rate of 0.99%. Understanding these factors is crucial for homeowners, as property taxes are a significant annual expense that can influence overall affordability and long-term financial planning.
Average Hegins Tax Bill
$1,856
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Hegins, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17938 | $975 | $1,339 | $1,856 | $2,787 | $4,142 |
Source: Ownwell