Bellefonte, Centre County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Bellefonte, Centre County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Bellefonte, PA effective property tax rate: 3.19%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Bellefonte, PA home value: $88,530
Median annual Bellefonte, PA tax bill: $3,016, $616 higher than the national median property tax bill of $2,400.

How are property taxes in Centre County calculated?

Property taxes in Bellefonte, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Bellefonte’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bellefonte, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bellefonte, Centre County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.19%

Estimate Property Tax Bill

$2,824

$2,621

Ownwell’s Bellefonte Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bellefonte with just two data points.

By entering your property's estimated assessed value, our calculator applies Bellefonte’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Centre County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bellefonte, Centre County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Bellefonte, located in Centre County, the effective property tax rate stands at 3.19%. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax bill in Bellefonte also surpasses the national median of $2,400, reflecting the higher tax rate. This suggests that property owners in Bellefonte are contributing significantly more in property taxes compared to the average U.S. property owner. When compared to other cities within Pennsylvania, Bellefonte's property tax rate is among the highest, indicating a substantial financial commitment for homeowners. This comparison highlights the importance of understanding local tax rates and their impact on overall property costs.

Property Tax Rates Across Bellefonte, Centre County, Pennsylvania

Source: Ownwell

1.80%

2.92%

4.04%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Bellefonte Tax Rate

3.19%

Median Effective Centre County Tax Rate

3.13%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bellefonte, Centre County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16823	3.03%	3.06%	3.19%	3.72%	3.88%

Source: Ownwell

Property Tax Assessment Values Across Bellefonte, Centre County, Pennsylvania

When examining property taxes in Bellefonte, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Centre County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Centre County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bellefonte. For example, the median home price in Bellefonte is $88,530, with tax bills ranging significantly across the county. The 16823 zip code has the highest median home price at $88,530.

Property Tax Assessment Values Across Bellefonte, Centre County, Pennsylvania

Source: Ownwell

$21,600

$79,740

$137,880

Median Bellefonte Market Value

$88,530

Median Centre County Market Value

$97,340

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bellefonte, Centre County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16823	$24,406	$59,910	$88,530	$129,530	$170,790

Source: Ownwell

Property Tax Bills Across Bellefonte, Centre County, Pennsylvania

In Bellefonte, Centre County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Bellefonte is $88,530, and property taxes are levied accordingly. The property tax bill can vary significantly, with the 25th percentile at $2,113 and the 75th percentile reaching $4,203, illustrating the range of tax burdens homeowners may face. The 90th percentile tax bill is as high as $5,484. The median property tax bill in the 16823 zip code is $3,016, which is above the national median of $2,400, highlighting a higher tax burden on Bellefonte homeowners compared to the national average. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. Ownwell assists homeowners by identifying potential discrepancies in property assessments and filing appeals to ensure fair taxation. By leveraging their expertise, homeowners can potentially reduce their property tax bills, easing the financial burden.

Property Tax Bills Across Bellefonte, Centre County, Pennsylvania

Source: Ownwell

$544

$2,489

$4,433

Median Bellefonte Tax Bill

$3,016

Median Centre County Tax Bill

$3,173

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Bellefonte, Centre County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16823	$943	$2,113	$3,016	$4,203	$5,484

Source: Ownwell