Langeloth, Pennsylvania Property Taxes
The median property tax rate in Langeloth, PA is 1.74%, considerably higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With the median home value in Langeloth at $54,300, the typical annual property tax bill reaches $943, which is below the national median of $2,690. Property taxes in Langeloth 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 Langeloth'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 Langeloth 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
Langeloth, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.74%
Estimate Property Tax Bill
$945
Ownwell’s Langeloth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Langeloth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Langeloth 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 Langeloth, Pennsylvania
Property taxes in Langeloth, Pennsylvania, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in Langeloth is 1.74%, significantly higher than the U.S. national median of 0.99%. Local government entities within Langeloth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Langeloth 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 Langeloth's effective property tax rate to other areas in Washington County and the national median. For comparison, the zip code 15054 has the highest median property tax rate of 1.74%, while the same zip code also has the lowest median tax rate of 1.74%. Understanding how these areas compare with Langeloth provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Langeloth Tax Rate
1.74%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Langeloth, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15054 | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Langeloth, Pennsylvania
In Langeloth, 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 Washington 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 Langeloth, 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 instance, the median home price in Langeloth is $54,300, with property tax bills ranging from $820 at the 25th percentile to $1,877 at the 90th percentile. The highest and lowest median tax bills, both at $943, are found in the 15054 zip code. 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 Langeloth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Langeloth Assessed Value
$54,300
Average Washington County Assessed Value
$129,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Langeloth, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15054 | $42,090 | $47,225 | $54,300 | $73,425 | $108,030 |
Source: Ownwell
Property Tax Bills Across Langeloth, Pennsylvania
In Langeloth, Washington County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $54,300, homeowners can expect varying tax bills depending on their property's assessed value and specific circumstances. Tax bills in Langeloth can range significantly, with the 25th percentile at $820 and the 75th percentile reaching $1,276. At the higher end, the 90th percentile tax bill is $1,877. These figures illustrate how property taxes can impact homeowners differently based on their property's assessed value. Compared to the national median property tax rate of 0.99%, Langeloth's tax rates reflect the local economic conditions and funding requirements for public services. Understanding these factors can help homeowners in Langeloth better anticipate their annual property tax obligations and plan accordingly.
Average Langeloth Tax Bill
$943
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Langeloth, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15054 | $731 | $820 | $943 | $1,276 | $1,877 |
Source: Ownwell