Mahanoy City, Pennsylvania Property Taxes
The median property tax rate in Mahanoy City, PA is 5.24%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $16,630, the typical annual property tax bill reaches $860, which, while below the national median of $2,690, is substantial given the local home values. Property taxes in Mahanoy City are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mahanoy City'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 Mahanoy City 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
Mahanoy City, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.24%
Estimate Property Tax Bill
$871
Ownwell’s Mahanoy City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mahanoy City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mahanoy City 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 Mahanoy City, Pennsylvania
Property taxes in Mahanoy City, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mahanoy City is 5.24%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mahanoy City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mahanoy City 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 Mahanoy City's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17948 has the highest median property tax rate of 5.24%, while the lowest median tax rate in the area is also 5.24%. Understanding how these cities compare with Mahanoy City 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 Mahanoy City Tax Rate
5.24%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mahanoy City, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17948 | 4.06% | 5.24% | 5.24% | 5.24% | 5.24% |
Source: Ownwell
Property Tax Assessment Values Across Mahanoy City, Pennsylvania
In Mahanoy City, 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 Mahanoy City, 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 Mahanoy City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $860.00, located in the 17948 zip code.
Property Tax Assessment Values Across Mahanoy City, Pennsylvania
Source: Ownwell
$9,495
$82,393
$155,290
Average Mahanoy City Assessed Value
$16,630
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 Mahanoy City, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17948 | $11,880 | $13,998 | $16,630 | $20,592 | $28,395 |
Source: Ownwell
Property Tax Bills Across Mahanoy City, Pennsylvania
In Mahanoy City, Schuylkill County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Mahanoy City, the median home price is $16,630, and the property tax rate in the area is relatively high compared to the national median property tax rate of 0.99%. Homeowners in this region can expect tax bills that vary significantly. For instance, tax bills at the 25th percentile are around $722, while those at the 75th percentile reach $1,042, and at the 90th percentile, they can go up to $1,388. This variation is influenced by factors such as the property's assessed value and any applicable exemptions or abatements. The highest and lowest median tax bills in the area are both recorded at $860, indicating a consistent tax burden across different properties. These property taxes fund essential local services, including schools, public safety, and infrastructure, directly affecting the quality of life for residents.
Average Mahanoy City Tax Bill
$860
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mahanoy City, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17948 | $607 | $722 | $860 | $1,042 | $1,388 |
Source: Ownwell