West Milton, Pennsylvania Property Taxes
The median property tax rate in West Milton, PA is 2.45%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in West Milton, the typical annual property tax bill reaches $463, which is significantly below the national median of $2,690. Property taxes in West Milton 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 West Milton'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 West Milton 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
West Milton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.45%
Estimate Property Tax Bill
$464
Ownwell’s WEST MILTON Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WEST MILTON with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WEST MILTON 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 West Milton, Pennsylvania
Property taxes in West Milton, Pennsylvania, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in West Milton is 2.45%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within West Milton set these rates annually, and they can vary considerably across different neighborhoods. Each year, West Milton 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 West Milton's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17886 has the highest median property tax rate of 2.45%, while the same zip code also has the lowest median tax rate of 2.45%. Understanding how these areas compare with West Milton provides valuable insights into the varying tax landscape across Union County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Milton Tax Rate
2.45%
Average Union County Tax Rate
2.00%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Milton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17886 | 2.44% | 2.44% | 2.45% | 2.45% | 2.45% |
Source: Ownwell
Property Tax Assessment Values Across West Milton, Pennsylvania
In West Milton, 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 Union County Appraisal District 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 West Milton, 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 West Milton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in West Milton is $18,950, with tax bills ranging from $415 at the 25th percentile to $709 at the 90th percentile. The zip code 17886 has the highest and lowest median tax bills, both at $463.
Property Tax Assessment Values Across West Milton, Pennsylvania
Source: Ownwell
$5,000
$112,450
$219,900
Average West Milton Assessed Value
$18,950
Average Union County Assessed Value
$93,150
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Milton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17886 | $15,940 | $16,975 | $18,950 | $23,050 | $28,990 |
Source: Ownwell
Property Tax Bills Across West Milton, Pennsylvania
In West Milton, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value typically reflects a percentage of the property's market value. Homeowners in West Milton can expect property tax bills to vary significantly, with the 25th percentile tax bill at $415 and the 75th percentile at $564. The highest median tax bill in the area is $463, found in the 17886 zip code. Several factors influence the final tax bill, including the property's location within Union County, any applicable exemptions, and the local tax rate. For homeowners, this means that property taxes can represent a substantial annual expense, impacting overall housing affordability. Compared to the national median property tax rate of 0.99%, the tax rates in West Milton can either be a burden or a relatively manageable cost, depending on the assessed value of their property and the specific tax rate applied.
Average West Milton Tax Bill
$463
Average Union County Tax Bill
$1,656
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across West Milton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17886 | $390 | $415 | $463 | $564 | $709 |
Source: Ownwell