Chandlers Valley, Pennsylvania Property Taxes
The median property tax rate in Chandlers Valley, PA is 3.09%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Chandlers Valley, the typical annual property tax bill reaches $755, which is significantly lower than the national median of $2,690. Property taxes in Chandlers Valley 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 Chandlers Valley'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 Chandlers Valley or another part of Warren County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chandlers Valley, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.09%
Estimate Property Tax Bill
$673
Ownwell’s Chandlers Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Chandlers Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chandlers Valley 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 Chandlers Valley, Pennsylvania
Property taxes in Chandlers Valley, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chandlers Valley is 3.09%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Chandlers Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chandlers Valley 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 Chandlers Valley's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16312 zip code has the highest median property tax rate of 3.09%, while the same zip code also has the lowest median tax rate of 3.09%. Understanding how these areas compare with Chandlers Valley provides valuable insights into the varying tax landscape across Warren County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chandlers Valley Tax Rate
3.09%
Average Warren County Tax Rate
3.99%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chandlers Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16312 | 2.15% | 2.50% | 3.09% | 3.69% | 4.04% |
Source: Ownwell
Property Tax Assessment Values Across Chandlers Valley, Pennsylvania
In Chandlers Valley, 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 Warren 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 Chandlers Valley, 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 Chandlers Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16312 has both the highest and lowest median tax bill at $755.
Property Tax Assessment Values Across Chandlers Valley, Pennsylvania
Source: Ownwell
$14,537
$31,530
$48,523
Average Chandlers Valley Assessed Value
$21,774
Average Warren County Assessed Value
$33,691
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chandlers Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16312 | $16,268 | $18,333 | $21,774 | $25,216 | $27,280 |
Source: Ownwell
Property Tax Bills Across Chandlers Valley, Pennsylvania
In Chandlers Valley, located in Warren County, PA, property tax bills are determined based on the assessed value of a home. The local tax authority assesses the value of each property, which is then multiplied by the local tax rate to calculate the annual tax bill. Factors such as the property's size, location, and condition can influence its assessed value. For homeowners in Chandlers Valley, the median home price is $21,774, with property tax bills varying significantly across different percentiles. At the 25th percentile, the tax bill is around $520, while at the 75th percentile, it rises to $991. For those at the 90th percentile, the tax bill can reach up to $1,132. This variation highlights how individual property characteristics and assessments impact the overall tax burden. Comparatively, the national median property tax rate is 0.99%, and understanding these figures helps homeowners in Chandlers Valley better anticipate their property tax obligations and budget accordingly.
Average Chandlers Valley Tax Bill
$755
Average Warren County Tax Bill
$1,260
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Chandlers Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16312 | $379 | $520 | $755 | $991 | $1,132 |
Source: Ownwell