Dunlo, Pennsylvania Property Taxes
The median property tax rate in DUNLO, PA is 8.93%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in DUNLO, the typical annual property tax bill reaches $476, which, while below the national median of $2,690, reflects the higher tax rate due to the lower home values in the area. Property taxes in DUNLO 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 DUNLO'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 DUNLO 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
Dunlo, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
8.93%
Estimate Property Tax Bill
$476
Ownwell’s DUNLO Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DUNLO with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DUNLO 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 Dunlo, Pennsylvania
Property taxes in DUNLO, Pennsylvania, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in DUNLO is 8.93%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within DUNLO set these rates annually, and they can vary across different neighborhoods. Each year, DUNLO estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total assessed 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 DUNLO's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15930 has the highest median property tax rate of 8.93%, while the same zip code also has the lowest median tax rate of 8.93%. Understanding how these areas compare with DUNLO provides valuable insights into the varying tax landscape across Cambria County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dunlo Tax Rate
8.93%
Average Cambria County Tax Rate
10.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dunlo, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15930 | 8.92% | 8.92% | 8.92% | 8.93% | 8.93% |
Source: Ownwell
Property Tax Assessment Values Across Dunlo, Pennsylvania
In DUNLO, 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 local 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 DUNLO, 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 DUNLO helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $476, found in zip code 15930.
Average Dunlo Assessed Value
$5,335
Average Cambria County Assessed Value
$12,040
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dunlo, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15930 | $2,760 | $4,280 | $5,335 | $7,185 | $10,300 |
Source: Ownwell
Property Tax Bills Across Dunlo, Pennsylvania
In DUNLO, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office in 42021, Cambria County, PA. The assessed value is a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners in DUNLO, the tax bill can vary significantly. For instance, the 25th percentile tax bill is $382, while the 75th percentile reaches $641, and the 90th percentile can be as high as $919. These figures indicate a range of tax burdens, reflecting differences in property values and assessments. The highest median tax bill in the area is $476, showcasing a relatively moderate property tax rate compared to the national median property tax rate of 0.99%. Understanding these factors helps homeowners anticipate their tax liabilities and plan accordingly.
Average Dunlo Tax Bill
$476
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Dunlo, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15930 | $246 | $382 | $476 | $641 | $919 |
Source: Ownwell