Hollidaysburg, Pennsylvania Property Taxes
The median property tax rate in Hollidaysburg, PA is 1.36%, considerably higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With a median home value of $168,400 in Hollidaysburg, the typical annual property tax bill reaches $2,494, which is below the national median of $2,690. Property taxes in Hollidaysburg 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 Hollidaysburg'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 Hollidaysburg 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
Hollidaysburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$2,290
Ownwell’s Hollidaysburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hollidaysburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hollidaysburg 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 Hollidaysburg, Pennsylvania
Property taxes in Hollidaysburg, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hollidaysburg is 1.36%, significantly higher than the U.S. national median of 0.99%. Local government entities within Hollidaysburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hollidaysburg 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 Hollidaysburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16648 zip code has the highest median property tax rate of 1.36%, while the same zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Hollidaysburg provides valuable insights into the varying tax landscape across Blair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hollidaysburg Tax Rate
1.36%
Average Blair County Tax Rate
1.57%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hollidaysburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16648 | 1.36% | 1.36% | 1.36% | 1.72% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Hollidaysburg, Pennsylvania
In Hollidaysburg, 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 Blair 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 Hollidaysburg, 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 Hollidaysburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2,494 in zip code 16648, which contrasts with the lowest median tax bill of $2,494 in the same zip code.
Property Tax Assessment Values Across Hollidaysburg, Pennsylvania
Source: Ownwell
$13,300
$253,050
$492,800
Average Hollidaysburg Assessed Value
$168,400
Average Blair County Assessed Value
$113,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hollidaysburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16648 | $90,000 | $126,500 | $168,400 | $225,800 | $348,960 |
Source: Ownwell
Property Tax Bills Across Hollidaysburg, Pennsylvania
In Hollidaysburg, Blair County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. The assessed value is then multiplied by the local property tax rate to determine the tax bill. For example, with a median home price of $168,400, homeowners in Hollidaysburg can expect varying tax bills. At the 25th percentile, tax bills are around $1,917, while at the 75th percentile, they rise to approximately $3,293. The highest tax bills, at the 90th percentile, can reach up to $4,835. These tax bills are influenced by several factors, including the home's assessed value, the local tax rate, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Hollidaysburg's tax rates can result in higher or lower bills depending on these factors. For homeowners, understanding these elements is crucial as property taxes significantly impact annual housing costs and overall financial planning.
Average Hollidaysburg Tax Bill
$2,494
Average Blair County Tax Bill
$1,685
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Hollidaysburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16648 | $1,392 | $1,917 | $2,494 | $3,293 | $4,835 |
Source: Ownwell