State College, Centre County, Pennsylvania Property Taxes
Median State College, PA effective property tax rate: 3.08%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median State College, PA home value: $125,950
Median annual State College, PA tax bill: $4,077, $1,677 higher than the national median property tax bill of $2,400.
How are property taxes in Centre County calculated?
Property taxes in State College, 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 State College’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in State College, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
State College, Centre County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.08%
Estimate Property Tax Bill
$3,879
$3,600
Property Tax Rates Across State College, Centre County, Pennsylvania
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 State College Tax Rate
3.08%
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 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 State College, Centre County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16801 | 2.90% | 2.90% | 3.08% | 3.69% | 3.69% |
| 16803 | 2.90% | 2.90% | 3.25% | 3.25% | 3.69% |
Source: Ownwell
Property Tax Assessment Values Across State College, Centre County, Pennsylvania
When examining property taxes in State College, 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 May. 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 State College. For example, the median home price in State College is $125,950, with tax bills ranging significantly across the county. Zip code 16803 has the highest median home price at $128,105.
Property Tax Assessment Values Across State College, Centre County, Pennsylvania
Source: Ownwell
$21,600
$79,740
$137,880
Median State College Market Value
$125,950
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 State College, Centre County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16801 | $47,440 | $79,422 | $123,425 | $172,855 | $232,220 |
| 16803 | $66,780 | $94,225 | $128,105 | $185,568 | $254,945 |
Source: Ownwell
Property Tax Bills Across State College, Centre County, Pennsylvania
In State College, Centre County, PA, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is a percentage of the home's market value, and local authorities apply their tax rate to this assessed value to calculate the tax bill. With a median home price of $125,950, homeowners in State College can expect varying tax bills. For instance, the 25th percentile tax bill is $2,825, while the 75th percentile reaches $5,684, and the 90th percentile climbs to $7,618. This variability highlights the importance of accurate property assessments and fair tax rates. Homeowners in the 16803 zip code face the highest median tax bill of $4,123, whereas those in the 16801 zip code encounter a slightly lower bill of $4,043.
Ownwell assists homeowners by providing professional property tax appeal and exemption services, ensuring assessments are accurate and tax bills are fair. Through expert guidance, homeowners can potentially reduce their tax burden, leading to significant savings.
Median State College Tax Bill
$4,077
Median Centre County Tax Bill
$3,173
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across State College, Centre County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16801 | $1,917 | $2,724 | $4,043 | $5,530 | $7,420 |
| 16803 | $2,166 | $2,968 | $4,123 | $5,948 | $7,866 |
Source: Ownwell