Mcadoo, Pennsylvania Property Taxes
The median property tax rate in McAdoo, PA is 3.52%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in McAdoo at $40,150, the typical annual property tax bill reaches $1,381, exceeding the national median of $2,690. Property taxes in McAdoo 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 McAdoo'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 McAdoo 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
Mcadoo, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.52%
Estimate Property Tax Bill
$1,413
Ownwell’s McAdoo Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in McAdoo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in McAdoo to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those 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 Schuylkill County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Mcadoo, Pennsylvania
Property taxes in McAdoo, Pennsylvania, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in McAdoo is 3.52%, significantly higher than the U.S. national median of 0.99%. Local government entities within McAdoo set these rates annually, and they can vary significantly across different neighborhoods. Each year, McAdoo 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 McAdoo's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18237 zip code has the highest median property tax rate of 3.52%, while the lowest median tax rate is also 3.52%. Understanding how these cities compare with McAdoo 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 Mcadoo Tax Rate
3.52%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mcadoo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18237 | 3.14% | 3.14% | 3.52% | 3.52% | 3.52% |
Source: Ownwell
Property Tax Assessment Values Across Mcadoo, Pennsylvania
In McAdoo, Pennsylvania, understanding the distinction between "market value" and "assessed value" is essential for grasping property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as 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 McAdoo, 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. For instance, the median home price in McAdoo is $40,150, and tax bills can range significantly. The 25th percentile tax bill is $1,086, while the 75th percentile reaches $1,832, and the 90th percentile can go up to $2,521. The zip code 18237 has the highest median tax bill at $1,381, which also represents the lowest median tax bill in the area. 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 Mcadoo Assessed Value
$40,150
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 Mcadoo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18237 | $25,178 | $31,610 | $40,150 | $53,860 | $76,144 |
Source: Ownwell
Property Tax Bills Across Mcadoo, Pennsylvania
In McAdoo, PA, located in Schuylkill County, property tax bills are determined by the assessed value of the property and the local tax rate. The assessed value is a percentage of the market value of the property, which is then multiplied by the local tax rate to calculate the tax bill. For example, with a median home price of $40,150, homeowners can expect varying tax bills depending on their property's specific assessment and exemptions. Factors such as the property's location within the city and any applicable exemptions or deductions can influence the final tax bill. In McAdoo, the 25th percentile tax bill is around $1,086, while the 75th percentile reaches $1,832, and the 90th percentile can be as high as $2,521. These figures show a range of possible tax bills, highlighting the impact of property value and local tax rates on homeowners. Compared to the national median property tax rate of 0.99%, McAdoo's property taxes can be considered relatively high, significantly affecting homeowners' annual expenses.
Average Mcadoo Tax Bill
$1,381
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mcadoo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18237 | $883 | $1,086 | $1,381 | $1,832 | $2,521 |
Source: Ownwell