Ford Cliff, Pennsylvania Property Taxes
The median property tax rate in Ford Cliff, PA is 3.03%, considerably higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $68,540 in Ford Cliff, the typical annual property tax bill reaches $2,080, which is below the national median of $2,690. Property taxes in Ford Cliff are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ford Cliff'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 Ford Cliff or another part of Armstrong County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ford Cliff, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.03%
Estimate Property Tax Bill
$2,077
Ownwell’s Ford Cliff Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ford Cliff with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ford Cliff 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 Ford Cliff, Pennsylvania
Property taxes in Ford Cliff, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ford Cliff is 3.03%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Ford Cliff set these rates annually, and they can vary across different neighborhoods. Each year, Ford Cliff 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 Ford Cliff's effective property tax rate to other areas in Armstrong County and the national median. For comparison, the 16228 zip code, which encompasses Ford Cliff, has the highest median property tax rate of 3.03%, while also being the lowest at 3.03%. Understanding how these figures compare with Ford Cliff 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 Ford Cliff Tax Rate
3.03%
Average Armstrong County Tax Rate
2.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ford Cliff, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16228 | 3.03% | 3.03% | 3.03% | 3.03% | 3.04% |
Source: Ownwell
Property Tax Assessment Values Across Ford Cliff, Pennsylvania
In Ford Cliff, 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 Ford Cliff, 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. The median home price in Ford Cliff is $68,540, with tax bills ranging from $1,789 at the 25th percentile to $3,221 at the 90th percentile. The zip code 16228 has the highest median tax bill at $2,080, which is also the lowest median tax bill in the area. 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 Ford Cliff helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ford Cliff Assessed Value
$68,540
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 Ford Cliff, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16228 | $44,656 | $58,950 | $68,540 | $84,205 | $106,162 |
Source: Ownwell
Property Tax Bills Across Ford Cliff, Pennsylvania
In Ford Cliff, Armstrong 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's office, which evaluates the property's worth. This value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Ford Cliff can expect varying tax bills depending on their property's assessed value. The 25th percentile tax bill stands at $1,789, while the 75th percentile tax bill is $2,555. For those in the 90th percentile, the tax bill can go up to $3,221. These figures indicate that property taxes in Ford Cliff can vary significantly, affecting homeowners differently based on their property's valuation. While the national median property tax rate is 0.99%, the specifics of the local tax rate and assessed values in Ford Cliff can result in higher or lower tax bills. This variability underscores the importance for homeowners to understand their property valuations and the local tax rates to anticipate their annual tax obligations accurately.
Average Ford Cliff Tax Bill
$2,080
Average Armstrong County Tax Bill
$2,533
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Ford Cliff, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16228 | $1,355 | $1,789 | $2,080 | $2,555 | $3,221 |
Source: Ownwell