Beaver Meadows, Pennsylvania Property Taxes
The median property tax rate in Beaver Meadows, PA is 2.76%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $47,600 in Beaver Meadows, the typical annual property tax bill reaches $1,279, surpassing the national median of $2,690. Property taxes in Beaver Meadows 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 Beaver Meadows' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Beaver Meadows 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
Beaver Meadows, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.76%
Estimate Property Tax Bill
$1,314
Ownwell’s Beaver Meadows Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beaver Meadows with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beaver Meadows 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 Carbon County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Beaver Meadows, Pennsylvania
Property taxes in Beaver Meadows, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beaver Meadows is 2.76%, significantly higher than the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Beaver Meadows set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beaver Meadows 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 Beaver Meadows' effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 18216 zip code has the highest median property tax rate of 2.76%, while the same zip code also has the lowest median tax rate of 2.76%. Understanding how these areas compare with Beaver Meadows 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 Beaver Meadows Tax Rate
2.76%
Average Carbon County Tax Rate
3.64%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beaver Meadows, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18216 | 2.19% | 2.76% | 2.76% | 2.76% | 2.76% |
Source: Ownwell
Property Tax Assessment Values Across Beaver Meadows, Pennsylvania
Understanding the difference between "market value" and "assessed value" is essential for comprehending property taxes in Beaver Meadows, PA. The market value represents 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 Beaver Meadows, 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. Awareness of these valuation processes in Beaver Meadows helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 18216 has the highest and lowest median tax bill, both at $1,279, reflecting the uniformity in tax assessments within the area.
Property Tax Assessment Values Across Beaver Meadows, Pennsylvania
Source: Ownwell
$25,900
$78,841
$131,782
Average Beaver Meadows Assessed Value
$47,600
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 Beaver Meadows, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18216 | $28,110 | $39,742 | $47,600 | $58,125 | $72,880 |
Source: Ownwell
Property Tax Bills Across Beaver Meadows, Pennsylvania
In Beaver Meadows, Carbon County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The median home price in this area is $47,600. Property tax rates are applied to this assessed value to determine the annual tax bill. For instance, homeowners at the 25th percentile can expect a tax bill around $1,050, while those at the 75th percentile might see bills closer to $1,573. At the 90th percentile, tax bills can reach up to $2,008. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, the effective tax rate in Beaver Meadows is relatively high, which can significantly impact homeowners' annual budgets. Understanding these factors helps homeowners anticipate their tax liabilities and plan accordingly, ensuring they are prepared for these recurring expenses.
Average Beaver Meadows Tax Bill
$1,279
Average Carbon County Tax Bill
$2,835
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Beaver Meadows, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18216 | $697 | $1,050 | $1,279 | $1,573 | $2,008 |
Source: Ownwell