Defiance, Pennsylvania Property Taxes
The median property tax rate in Defiance, Pennsylvania is 1.55%, considerably higher than the national median of 0.99%, yet lower than the Pennsylvania state median of 2.81%. With the median home value in Defiance, the typical annual property tax bill reaches $767, which is below the national median of $2,690. Property taxes in Defiance 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 Defiance'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 Defiance 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
Defiance, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.55%
Estimate Property Tax Bill
$768
Ownwell’s Defiance Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Defiance with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Defiance 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 Defiance, Pennsylvania
Property taxes in Defiance, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Defiance is 1.55%, significantly higher than the U.S. national median of 0.99%. Local government entities within Defiance set these rates annually, and they can vary significantly across different neighborhoods. Each year, Defiance 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 Defiance's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16633 zip code has both the highest and lowest median property tax rate of 1.55%. Understanding how these areas compare with Defiance provides valuable insights into the varying tax landscape across Bedford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Defiance Tax Rate
1.55%
Average Bedford County Tax Rate
1.45%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Defiance, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16633 | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Defiance, Pennsylvania
In Defiance, 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 Bedford County Appraisal District 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 Defiance, 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 Defiance is $49,550, with tax bills ranging from $606 at the 25th percentile to $1,293 at the 90th percentile. The highest and lowest median tax bills are both found in the 16633 zip code, at $767. By understanding 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 Defiance helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Defiance Assessed Value
$49,550
Average Bedford County Assessed Value
$101,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Defiance, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16633 | $29,790 | $39,150 | $49,550 | $64,625 | $83,600 |
Source: Ownwell
Property Tax Bills Across Defiance, Pennsylvania
In Defiance, Bedford County, PA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate, also known as the millage rate, is applied to this assessed value to determine the annual tax bill. Homeowners in Defiance typically see a range of tax bills, with the 25th percentile at $606 and the 75th percentile at $1000. For those at the 90th percentile, tax bills can reach up to $1293. The median home price in Defiance stands at $49,550, making the property tax rate relatively high compared to the national median property tax rate of 0.99%. Several factors influence the final tax bill, including changes in property assessments and local government budgets. These taxes fund essential community services such as public schools, infrastructure, and emergency services. Homeowners must stay informed about their property’s assessed value and any changes in local tax rates to effectively manage their annual tax obligations.
Average Defiance Tax Bill
$767
Average Bedford County Tax Bill
$1,429
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Defiance, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16633 | $461 | $606 | $767 | $1,000 | $1,293 |
Source: Ownwell