Mc Clure, Pennsylvania Property Taxes
The median property tax rate in Mc Clure, PA is 2.63%, significantly higher than the national median of 0.99%, yet slightly below Pennsylvania's state median of 2.81%. With a median home value of $14,880, the typical annual property tax bill in Mc Clure amounts to $362, which is much lower than the national median of $2,690. Property taxes in Mc Clure are determined based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Mc Clure's property tax system, exploring available exemptions, and identifying potential reductions can lead to substantial yearly savings. Whether you reside in the heart of Mc Clure or another part of Snyder County, familiarizing yourself with the local property tax system will be advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Mc Clure, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.63%
Estimate Property Tax Bill
$391
Ownwell’s MC CLURE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MC CLURE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MC CLURE 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 Mc Clure, Pennsylvania
Property taxes in MC CLURE, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in MC CLURE is 1.46%, which is significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within MC CLURE set these rates annually, and they can vary significantly across different neighborhoods. Each year, MC CLURE 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 MC CLURE's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17841 zip code has the highest median property tax rate of 1.46%, while the lowest median tax rate in the area is also 1.46%. Understanding how these cities compare with MC CLURE provides valuable insights into the varying tax landscape across Snyder County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mc Clure Tax Rate
2.63%
Average Snyder County Tax Rate
2.51%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mc Clure, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17841 | 2.25% | 2.25% | 2.63% | 2.63% | 2.63% |
Source: Ownwell
Property Tax Assessment Values Across Mc Clure, Pennsylvania
In Mc Clure, 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 Snyder 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 Mc Clure, 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 Mc Clure helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 17841 has both the highest and lowest median tax bill, with a value of $362.
Average Mc Clure Assessed Value
$14,880
Average Snyder County Assessed Value
$20,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mc Clure, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17841 | $4,650 | $8,520 | $14,880 | $22,380 | $30,262 |
Source: Ownwell
Property Tax Bills Across Mc Clure, Pennsylvania
In Mc Clure, Snyder County, PA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value of the property, which is determined by the county's assessment office. This value is then multiplied by the local tax rate to calculate the annual property tax bill. For instance, with a median home price of $14,880, homeowners can expect their tax bills to vary significantly. The 25th percentile tax bill is around $213, while the 75th percentile tax bill reaches approximately $548. At the 90th percentile, homeowners might see bills as high as $714. These property tax bills are influenced by factors such as property size, location, and any applicable exemptions. Homeowners in Mc Clure may face higher or lower tax bills based on these variables compared to the national median property tax rate of 0.99%. This variability in tax bills can significantly impact homeowners' annual budgets and financial planning.
Average Mc Clure Tax Bill
$362
Average Snyder County Tax Bill
$582
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mc Clure, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17841 | $117 | $213 | $362 | $548 | $714 |
Source: Ownwell