Paxtonville, Pennsylvania Property Taxes
The median property tax rate in Paxtonville, PA is 2.55%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Paxtonville, the typical annual property tax bill reaches $259, exceeding the national median of $2,690. Property taxes in Paxtonville 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 Paxtonville'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 Paxtonville 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
Paxtonville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.55%
Estimate Property Tax Bill
$248
Ownwell’s Paxtonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Paxtonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Paxtonville 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 Paxtonville, Pennsylvania
Property taxes in Paxtonville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Paxtonville is 2.55%, significantly higher than the U.S. national median of 0.99%. Local government entities within Paxtonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Paxtonville 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 Paxtonville's effective property tax rate to other counties and the national median. For comparison, the zip code 17861 has the highest median property tax rate of 2.55%, while the same zip code also has the lowest median tax rate of 2.55%. Understanding how these cities compare with Paxtonville 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 Paxtonville Tax Rate
2.55%
Average Snyder County Tax Rate
2.51%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Paxtonville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17861 | 2.44% | 2.48% | 2.55% | 2.60% | 2.62% |
Source: Ownwell
Property Tax Assessment Values Across Paxtonville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Paxtonville, Pennsylvania. 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 Paxtonville, 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 Paxtonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Paxtonville, the median home price stands at $9,715. The tax bill at the 25th percentile is $212, while at the 75th percentile, it is $284. The 90th percentile tax bill is $350. The zip code with both the highest and lowest median tax bill is 17861, with a median tax bill of $259.
Average Paxtonville Assessed Value
$9,715
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 Paxtonville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17861 | $5,001 | $8,145 | $9,715 | $11,168 | $13,960 |
Source: Ownwell
Property Tax Bills Across Paxtonville, Pennsylvania
In Paxtonville, property tax bills are calculated based on the assessed value of a home, which is determined by the Snyder County tax assessor. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. Factors such as the property's location, size, and improvements can influence the assessed value. For example, in Paxtonville, the median home price is $9,715, leading to a range of tax bills depending on the specific valuation of each property. Homeowners in the 25th percentile pay approximately $212, while those in the 75th percentile pay around $284, and the 90th percentile tax bill reaches up to $350. Comparatively, these tax bills are significantly lower than the national median property tax rate of 0.99%, making Paxtonville an attractive option for homeowners seeking affordable property taxes. Understanding how these factors interplay helps homeowners anticipate their annual tax obligations and manage their finances accordingly.
Average Paxtonville Tax Bill
$259
Average Snyder County Tax Bill
$582
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Paxtonville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17861 | $122 | $212 | $259 | $284 | $350 |
Source: Ownwell