Mcadoo, Carbon County, Pennsylvania Property Taxes
The median property tax rate in McAdoo, PA is 2.19%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in McAdoo at $60,950, the typical annual property tax bill reaches $1,336, exceeding the national median of $2,690. Property taxes in McAdoo 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 McAdoo'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 McAdoo 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
Mcadoo, Carbon County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.19%
Estimate Property Tax Bill
$1,335
$1,239
Ownwell’s McAdoo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in McAdoo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in McAdoo 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 Mcadoo, Carbon County, Pennsylvania
Property taxes in McAdoo, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in McAdoo is 2.19%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within McAdoo set these rates annually, and they can vary significantly across different neighborhoods. Each year, McAdoo 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 McAdoo's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18237 zip code has the highest median property tax rate of 2.19%, while the same zip code also has the lowest median tax rate of 2.19%. Understanding how these cities compare with McAdoo 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 Mcadoo Tax Rate
2.19%
Average Carbon County Tax Rate
3.64%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mcadoo, Carbon County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18237 | 2.19% | 2.19% | 2.19% | 2.19% | 2.19% |
Source: Ownwell
Property Tax Assessment Values Across Mcadoo, Carbon County, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in McAdoo, PA. 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 McAdoo, 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 McAdoo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In McAdoo, the highest median tax bill is $1,336 in the 18237 zip code, while the lowest median tax bill is also $1,336 in the same zip code. This demonstrates a uniformity in tax bills within the area, making it essential for property owners to stay informed and proactive in managing their property taxes.
Property Tax Assessment Values Across Mcadoo, Carbon County, Pennsylvania
Source: Ownwell
$25,900
$78,841
$131,782
Average Mcadoo Assessed Value
$60,950
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 Mcadoo, Carbon County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18237 | $27,616 | $53,150 | $60,950 | $114,510 | $1,032,900 |
Source: Ownwell
Property Tax Bills Across Mcadoo, Carbon County, Pennsylvania
In McAdoo, located in Carbon County, PA, property tax bills are determined by a combination of the assessed value of the property and the local tax rate. The assessed value is a percentage of the property's market value, which is then multiplied by the local tax rate to calculate the annual tax bill. For instance, with a median home price of $60,950, homeowners can expect to pay varying amounts based on specific assessments and rates. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in McAdoo see tax bills ranging from $1,165 at the 25th percentile to $2,510 at the 75th percentile, with the 90th percentile reaching as high as $22,642. This wide range indicates significant variability in property tax burdens, depending on individual property values and specific local rates. Compared to the national median property tax rate of 0.99%, the property tax rates in McAdoo can present a substantial financial consideration for homeowners, impacting their annual budgeting and long-term financial planning.
Average Mcadoo Tax Bill
$1,336
Average Carbon County Tax Bill
$2,835
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mcadoo, Carbon County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18237 | $605 | $1,165 | $1,336 | $2,510 | $22,642 |
Source: Ownwell