Valley View, Pennsylvania Property Taxes
The median property tax rate in Valley View, PA is 2.99%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Valley View, the typical annual property tax bill reaches $1,696, which, while below the national median of $2,690, still represents a substantial cost for homeowners. Property taxes in Valley View are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Valley View'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 Valley View 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
Valley View, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.99%
Estimate Property Tax Bill
$1,697
Ownwell’s Valley View Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Valley View with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Valley View 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 Valley View, Pennsylvania
Property taxes in Valley View, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Valley View is 2.99%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Valley View set these rates annually, and they can vary significantly across different neighborhoods. Each year, Valley View 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 Valley View's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17983 has the highest median property tax rate of 2.99%, while the same zip code also represents the lowest median tax rate of 2.99%. Understanding how these cities compare with Valley View 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 Valley View 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 Valley View, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17983 | 2.99% | 2.99% | 2.99% | 2.99% | 2.99% |
Source: Ownwell
Property Tax Assessment Values Across Valley View, Pennsylvania
In Valley View, 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 Valley View, 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 Valley View helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in the area is $1696, found in the 17983 zip code.
Average Valley View Assessed Value
$56,770
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 Valley View, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17983 | $31,228 | $41,164 | $56,770 | $75,114 | $95,926 |
Source: Ownwell
Property Tax Bills Across Valley View, Pennsylvania
Property tax bills in Valley View, located in Schuylkill County, PA, are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition, as well as comparable property values in the area. In Valley View, the median home price is $56,770. Homeowners in the 25th percentile can expect a tax bill around $1,230, while those in the 75th percentile might see bills closer to $2,245. The tax bill for the 90th percentile reaches up to $2,867. The highest and lowest median tax bills both sit at $1,696, indicating a relatively uniform tax burden across the area. Compared to the national median property tax rate of 0.99%, Valley View's rates can vary significantly, impacting homeowners' financial planning and overall cost of living. Understanding these factors is crucial for homeowners aiming to manage their property expenses effectively.
Average Valley View Tax Bill
$1,696
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Valley View, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17983 | $933 | $1,230 | $1,696 | $2,245 | $2,867 |
Source: Ownwell