Mayport, Armstrong County, Pennsylvania Property Taxes
The median property tax rate in Mayport, PA is 1.88%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Mayport, the typical annual property tax bill reaches $1,524, which exceeds the national median of $2,690. Property taxes in Mayport 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 Mayport'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 Mayport 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
Mayport, Armstrong County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.88%
Estimate Property Tax Bill
$1,527
$1,417
Ownwell’s Mayport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mayport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mayport 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 Mayport, Armstrong County, Pennsylvania
Property taxes in Mayport, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mayport is 1.88%, significantly higher than the U.S. national median of 0.99%. Local government entities within Mayport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mayport 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 Mayport's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16240 has the highest median property tax rate of 1.88%, while the same zip code also has the lowest median tax rate of 1.88%. Understanding how these areas compare with Mayport 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 Mayport Tax Rate
1.88%
Average Armstrong County Tax Rate
2.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mayport, Armstrong County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16240 | 1.88% | 1.88% | 1.88% | 1.88% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Mayport, Armstrong County, Pennsylvania
In Mayport, 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 Mayport, 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. The median home price in Mayport is $81,250, with tax bills ranging from $986 at the 25th percentile to $3,762 at the 90th percentile. The highest and lowest median tax bills are both $1,524, found in zip code 16240. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mayport, Armstrong County, Pennsylvania
Source: Ownwell
$33,000
$96,815
$160,630
Average Mayport Assessed Value
$81,250
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 Mayport, Armstrong County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16240 | $25,880 | $52,590 | $81,250 | $134,105 | $200,570 |
Source: Ownwell
Property Tax Bills Across Mayport, Armstrong County, Pennsylvania
In Mayport, PA, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by the local tax assessor and reflects a percentage of the property's market value. For example, with a median home price of $81,250, the tax bill can vary significantly. Homeowners in Mayport can expect their property tax bills to fall within a range, with the 25th percentile at $986 and the 75th percentile reaching $2,516. For those at the higher end, the 90th percentile tax bill can climb to $3,762. These figures illustrate how property taxes can impact homeowners differently depending on their property's assessed value. Compared to the national median property tax rate of 0.99%, the property taxes in Mayport can be considered moderate but still significant for many residents. The highest and lowest median tax bills in the area are both recorded at $1,524, indicating a relatively consistent tax rate within the zip code 16240. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Mayport Tax Bill
$1,524
Average Armstrong County Tax Bill
$2,533
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mayport, Armstrong County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16240 | $486 | $986 | $1,524 | $2,516 | $3,762 |
Source: Ownwell