Windber, Pennsylvania Property Taxes
The median property tax rate in Windber, PA is 2.70%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Windber, the typical annual property tax bill reaches $1,297, which is below the national median of $2,690. Property taxes in Windber 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 Windber'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 Windber or another part of Somerset County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Windber, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.7%
Estimate Property Tax Bill
$1,200
Ownwell’s Windber Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Windber. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Windber to provide an accurate estimate of your property tax bill. This valuable resource helps you anticipate potential tax liabilities and plan accordingly. For those interested in more detailed information, you can explore trends at a neighborhood level by scrolling down. Your property’s assessed value, determined by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Windber, Pennsylvania
Property taxes in Windber, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windber is 2.70%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Windber set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windber 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 Windber's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15963 zip code has the highest median property tax rate of 2.70%, while the same zip code also has the lowest median tax rate of 2.70%. Understanding how these cities compare with Windber provides valuable insights into the varying tax landscape across Somerset County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windber Tax Rate
2.70%
Average Somerset County Tax Rate
2.69%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windber, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15963 | 2.69% | 2.69% | 2.70% | 3.13% | 3.14% |
Source: Ownwell
Property Tax Assessment Values Across Windber, Pennsylvania
In Windber, 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 Somerset 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 Windber, 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 Windber helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median tax bill in Windber is $1,297, with the same value for both the highest and lowest tax bills in the 15963 zip code.
Average Windber Assessed Value
$44,445
Average Somerset County Assessed Value
$50,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windber, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15963 | $17,574 | $31,100 | $44,445 | $66,000 | $99,080 |
Source: Ownwell
Property Tax Bills Across Windber, Pennsylvania
In Windber, Somerset County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Windber, the median home price is $44,445, and the tax bills can vary significantly. At the 25th percentile, homeowners can expect a tax bill of approximately $925, while those at the 75th percentile face a tax bill around $1,870. For the top 10% of homeowners, tax bills can go up to $2,788. The highest and lowest median tax bills in the area are both $1,297, indicating a relatively uniform tax burden within the zip code 15963. Comparatively, the national median property tax rate is 0.99%, making Windber's property tax rates an essential factor for homeowners to consider. Understanding these calculations helps homeowners budget effectively and anticipate their annual financial obligations.
Average Windber Tax Bill
$1,297
Average Somerset County Tax Bill
$1,299
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Windber, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15963 | $515 | $925 | $1,297 | $1,870 | $2,788 |
Source: Ownwell