Jackson, Pennsylvania Property Taxes
The median property tax rate in Jackson, PA is 3.02%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Jackson, the typical annual property tax bill reaches $1,159, exceeding the national median of $2,690. Property taxes in Jackson 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 Jackson'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 Jackson 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
Jackson, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.02%
Estimate Property Tax Bill
$1,160
Ownwell’s JACKSON Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in JACKSON with just two key pieces of information. By entering your property's estimated assessed value, the calculator uses the median tax rate in JACKSON to provide an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities and plan accordingly. For those interested in more detailed insights, you can explore trends on a neighborhood level by scrolling down for localized information. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Jackson, Pennsylvania
Property taxes in Jackson, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jackson is 3.02%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Jackson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jackson 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 Jackson's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18825 zip code has the highest median property tax rate of 3.02%, while the same 18825 zip code also has the lowest median tax rate of 3.02%. Understanding how these cities compare with Jackson provides valuable insights into the varying tax landscape across Susquehanna County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jackson Tax Rate
3.02%
Average Susquehanna County Tax Rate
3.31%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18825 | 3.02% | 3.02% | 3.02% | 3.26% | 3.26% |
Source: Ownwell
Property Tax Assessment Values Across Jackson, Pennsylvania
In JACKSON, 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 Susquehanna 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 JACKSON, 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. For example, the zip code 18825 has the highest median tax bill at $1159. 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 JACKSON helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jackson Assessed Value
$38,400
Average Susquehanna County Assessed Value
$40,400
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18825 | $15,200 | $23,200 | $38,400 | $50,600 | $72,200 |
Source: Ownwell
Property Tax Bills Across Jackson, Pennsylvania
In Jackson, located in Susquehanna County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is meant to reflect a percentage of the home's market value. Homeowners in Jackson face a range of property tax bills, with the 25th percentile at approximately $700 and the 75th percentile at $1,565. For those in the 90th percentile, tax bills can reach up to $2,179. Several factors influence these tax bills, including the home's assessed value, the local tax rate, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Jackson's property taxes can be relatively high or low depending on the specific property and its assessed value. These taxes significantly impact homeowners, affecting their annual budgets and the overall cost of homeownership. Understanding these factors can help homeowners better anticipate their property tax obligations and plan accordingly.
Average Jackson Tax Bill
$1,159
Average Susquehanna County Tax Bill
$1,338
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18825 | $496 | $700 | $1,159 | $1,565 | $2,179 |
Source: Ownwell