Portage, Blair County, Pennsylvania Property Taxes
The median property tax rate in Portage, PA is 1.36%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Portage, the typical annual property tax bill reaches $1,761, which is below the national median of $2,690. Property taxes in Portage 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 Portage'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 Portage 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
Portage, Blair County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$1,765
$1,638
Ownwell’s Portage Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Portage with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Portage 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 Portage, Blair County, Pennsylvania
Property taxes in Portage, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Portage is 1.36%, which is notably higher than the U.S. national median of 0.99%. Local government entities in Portage set these rates annually, and they can vary significantly across different neighborhoods. Each year, Portage 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 Portage's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 15946 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 areas compare with Portage 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 Portage 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 Portage, Blair County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15946 | 1.36% | 1.36% | 1.36% | 1.38% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Portage, Blair County, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Portage, Pennsylvania. 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 local county appraisal 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 Portage, 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 Portage helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in the area is $1761 in zip code 15946, while the lowest is also $1761 in the same zip code. This knowledge is essential for making informed decisions about property tax appeals and exemptions.
Property Tax Assessment Values Across Portage, Blair County, Pennsylvania
Source: Ownwell
$13,300
$101,125
$188,950
Average Portage Assessed Value
$129,800
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 Portage, Blair County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15946 | $45,940 | $91,400 | $129,800 | $162,700 | $206,360 |
Source: Ownwell
Property Tax Bills Across Portage, Blair County, Pennsylvania
In Portage, Blair County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. For instance, the median home price in Portage is $129,800, and the tax bills can vary significantly. Homeowners in the 25th percentile pay around $1,239 annually, while those in the 75th percentile see bills closer to $2,203. The highest tax bills, found in the 90th percentile, reach up to $2,724. These taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Portage's rates can be relatively high, impacting homeowners' financial planning and long-term investment strategies. Understanding these factors helps homeowners anticipate their annual expenses and underscores the importance of accurate property assessments for fair taxation.
Average Portage Tax Bill
$1,761
Average Blair County Tax Bill
$1,685
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Portage, Blair County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15946 | $627 | $1,239 | $1,761 | $2,203 | $2,724 |
Source: Ownwell