Quakake, Pennsylvania Property Taxes
The median property tax rate in Quakake, PA is 3.14%, considerably higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Quakake at $60,730, the typical annual property tax bill reaches $1,927, which is below the national median of $2,690. Property taxes in Quakake are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Quakake'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 Quakake 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
Quakake, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.14%
Estimate Property Tax Bill
$1,907
Ownwell’s Quakake Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Quakake with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Quakake 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 Quakake, Pennsylvania
Property taxes in Quakake, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Quakake is 3.14%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Quakake set these rates annually, and they can vary significantly across different neighborhoods. Each year, Quakake 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 Quakake's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18245 zip code has the highest median property tax rate of 3.14%, while the same zip code also has the lowest median tax rate of 3.14%. Understanding how these cities compare with Quakake 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 Quakake Tax Rate
3.14%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Quakake, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18245 | 3.14% | 3.14% | 3.14% | 3.14% | 4.13% |
Source: Ownwell
Property Tax Assessment Values Across Quakake, Pennsylvania
In Quakake, 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 Quakake, 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 Quakake helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here stands at $60,730, with the 25th percentile tax bill being $1,412 and the 75th percentile tax bill at $2,491. The highest and lowest median tax bills are both $1,927 in the 18245 zip code.
Average Quakake Assessed Value
$60,730
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 Quakake, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18245 | $36,360 | $43,690 | $60,730 | $77,643 | $98,602 |
Source: Ownwell
Property Tax Bills Across Quakake, Pennsylvania
In Quakake, Schuylkill County, PA, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate. The assessed value is a percentage of the market value, determined by local assessment offices. For example, if the median home price in Quakake is $60,730, the tax bill is calculated by applying the local tax rate to this assessed value. Several factors influence the tax bill, including property location, home size, and any applicable exemptions or deductions. Homeowners in Quakake can expect tax bills that range significantly, with the 25th percentile tax bill at $1,412 and the 90th percentile reaching $3,120. The median tax bill in the area stands at $1,927, which is notably higher than the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, emergency services, and infrastructure, directly impacting the quality of life for residents.
Average Quakake Tax Bill
$1,927
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Quakake, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18245 | $1,146 | $1,412 | $1,927 | $2,491 | $3,120 |
Source: Ownwell