Clinton, Pennsylvania Property Taxes
The median property tax rate in Clinton, PA is 4.75%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Clinton at $63,500, the typical annual property tax bill reaches $3,284, exceeding the national median of $2,690. Property taxes in Clinton 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 Clinton'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 Clinton 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
Clinton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.75%
Estimate Property Tax Bill
$3,016
Ownwell’s Clinton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clinton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clinton 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 Beaver County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Clinton, Pennsylvania
Property taxes in Clinton, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clinton is 4.75%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Clinton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clinton 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 Clinton's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15026 zip code has both the highest and lowest median property tax rate of 4.75%. Understanding how these areas compare with Clinton provides valuable insights into the varying tax landscape across Beaver County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clinton Tax Rate
4.75%
Average Beaver County Tax Rate
6.15%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clinton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15026 | 4.75% | 4.75% | 4.75% | 6.15% | 6.15% |
Source: Ownwell
Property Tax Assessment Values Across Clinton, Pennsylvania
In Clinton, 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 Beaver 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 Clinton, 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 Clinton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Clinton is $3,284 in the 15026 zip code, while the lowest median tax bill is also $3,284 in the same zip code.
Average Clinton Assessed Value
$63,500
Average Beaver County Assessed Value
$44,800
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clinton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15026 | $23,800 | $43,200 | $63,500 | $89,925 | $118,300 |
Source: Ownwell
Property Tax Bills Across Clinton, Pennsylvania
In Clinton, located in Beaver 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 and represents a percentage of the market value of the property. Homeowners in Clinton face a median home price of $63,500, which is relatively low compared to the national median. The tax bill can vary significantly, with the 25th percentile at $2,225 and the 75th percentile at $4,721, indicating a wide range of property values and corresponding tax obligations. At the 90th percentile, homeowners might see tax bills as high as $6,417. The highest median tax bill in the area is $3,284, found in zip code 15026. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding how these factors interplay helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Clinton Tax Bill
$3,284
Average Beaver County Tax Bill
$2,704
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Clinton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15026 | $1,217 | $2,225 | $3,284 | $4,721 | $6,417 |
Source: Ownwell