Aquashicola, Carbon County, Pennsylvania Property Taxes
The median property tax rate in Aquashicola, PA is 3.88%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $81,500 in Aquashicola, the typical annual property tax bill reaches $3,165, far exceeding the national median of $2,690. Property taxes in Aquashicola are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Aquashicola'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 Aquashicola or another part of Carbon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Aquashicola, Carbon County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.88%
Estimate Property Tax Bill
$3,162
$2,934
Ownwell’s AQUASHICOLA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in AQUASHICOLA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in AQUASHICOLA 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 Aquashicola, Carbon County, Pennsylvania
Property taxes in Aquashicola, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aquashicola is 3.88%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Aquashicola set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aquashicola 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 Aquashicola's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18012 zip code has the highest median property tax rate of 3.88%, while the 18012 zip code also has the lowest median tax rate of 3.88%. Understanding how these cities compare with Aquashicola provides valuable insights into the varying tax landscape across Carbon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aquashicola Tax Rate
3.88%
Average Carbon County Tax Rate
3.64%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aquashicola, Carbon County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18012 | 3.88% | 3.88% | 3.88% | 3.88% | 3.88% |
Source: Ownwell
Property Tax Assessment Values Across Aquashicola, Carbon County, Pennsylvania
In Aquashicola, 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 Carbon 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 Aquashicola, 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. For example, the highest median tax bill in the area is $3,165 in the 18012 zip code, while the lowest median tax bill is also $3,165 in the same zip code. Being aware of these valuation processes in Aquashicola helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Aquashicola, Carbon County, Pennsylvania
Source: Ownwell
$25,900
$78,841
$131,782
Average Aquashicola Assessed Value
$81,500
Average Carbon County Assessed Value
$80,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aquashicola, Carbon County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18012 | $38,140 | $51,300 | $81,500 | $91,800 | $93,180 |
Source: Ownwell
Property Tax Bills Across Aquashicola, Carbon County, Pennsylvania
In Aquashicola, located in Carbon County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the property's market value, which can fluctuate based on real estate trends and local assessments. For instance, the median home price in Aquashicola is $81,500, which serves as a baseline for many property evaluations. Homeowners in Aquashicola can expect their property tax bills to vary significantly. The tax bill at the 25th percentile is around $1,992, while at the 75th percentile, it rises to approximately $3,565. The 90th percentile tax bill is slightly higher at $3,618. These figures indicate a broad range of tax liabilities, influenced by factors such as property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, homeowners in Aquashicola may find their tax obligations relatively manageable, though they should be mindful of the potential for higher assessments and bills.
Average Aquashicola Tax Bill
$3,165
Average Carbon County Tax Bill
$2,835
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Aquashicola, Carbon County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18012 | $1,481 | $1,992 | $3,165 | $3,565 | $3,618 |
Source: Ownwell