East Brady, Pennsylvania Property Taxes
The median property tax rate in East Brady, PA is 2.43%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in East Brady being $76,200, the typical annual property tax bill reaches $1,831, which is below the national median of $2,690. Property taxes in East Brady 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 East Brady'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 East Brady 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
East Brady, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.43%
Estimate Property Tax Bill
$1,852
Ownwell’s EAST BRADY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EAST BRADY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EAST BRADY 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 East Brady, Pennsylvania
Property taxes in East Brady, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Brady is 1.35%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within East Brady set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Brady 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 East Brady's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16028 zip code has the highest median property tax rate of 1.35%, while the same zip code also has the lowest median tax rate of 1.35%. Understanding how these cities compare with East Brady provides valuable insights into the varying tax landscape across Armstrong County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Brady Tax Rate
2.43%
Average Armstrong County Tax Rate
2.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Brady, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16028 | 2.32% | 2.32% | 2.43% | 2.43% | 2.43% |
Source: Ownwell
Property Tax Assessment Values Across East Brady, Pennsylvania
In East Brady, 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 Armstrong 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 East Brady, 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 East Brady helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest and lowest median tax bills in the city are both $1,831, found in zip code 16028.
Average East Brady Assessed Value
$76,200
Average Armstrong County Assessed Value
$84,270
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Brady, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16028 | $24,872 | $49,160 | $76,200 | $116,695 | $173,316 |
Source: Ownwell
Property Tax Bills Across East Brady, Pennsylvania
In East Brady, Armstrong County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in East Brady is $76,200. Property taxes are then applied to this assessed value using the local tax rate. For example, the 25th percentile tax bill is $1,182, while the 75th percentile reaches $2,816, and the 90th percentile can be as high as $4,097. These tax amounts significantly impact homeowners, as they must budget for these annual expenses. The highest and lowest median tax bills in the area are both $1,831, indicating a consistent tax rate within the zip code 16028. Comparatively, the national median property tax rate is 0.99%, highlighting that local rates can vary widely. Homeowners in East Brady need to stay informed about their property's assessed value and any changes in the local tax rate to manage their financial obligations effectively.
Average East Brady Tax Bill
$1,831
Average Armstrong County Tax Bill
$2,533
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across East Brady, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16028 | $588 | $1,182 | $1,831 | $2,816 | $4,097 |
Source: Ownwell