New Bethlehem, Clarion County, Pennsylvania Property Taxes
The median property tax rate in New Bethlehem, PA is 6.91%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in New Bethlehem at $14,030, the typical annual property tax bill reaches $1,131, exceeding the national median of $2,690. Property taxes in New Bethlehem 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 New Bethlehem'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 New Bethlehem 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
New Bethlehem, Clarion County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.91%
Estimate Property Tax Bill
$969
$900
Ownwell’s New Bethlehem Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in New Bethlehem with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in New Bethlehem 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 New Bethlehem, Clarion County, Pennsylvania
Property taxes in New Bethlehem, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in New Bethlehem is 6.91%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within New Bethlehem set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Bethlehem 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. Understanding how these cities compare with New Bethlehem provides valuable insights into the varying tax landscape across Clarion County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average New Bethlehem Tax Rate
6.91%
Average Clarion County Tax Rate
8.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across New Bethlehem, Clarion County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16242 | 6.82% | 6.82% | 6.91% | 9.12% | 9.12% |
Source: Ownwell
Property Tax Assessment Values Across New Bethlehem, Clarion County, Pennsylvania
In New Bethlehem, 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 Clarion 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 New Bethlehem, 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 New Bethlehem helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16242 has the highest and lowest median tax bill at $1,131, illustrating a consistent tax environment within the area.
Property Tax Assessment Values Across New Bethlehem, Clarion County, Pennsylvania
Source: Ownwell
$5,932
$14,334
$22,736
Average New Bethlehem Assessed Value
$14,030
Average Clarion County Assessed Value
$13,522
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across New Bethlehem, Clarion County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16242 | $4,914 | $9,565 | $14,030 | $21,002 | $29,385 |
Source: Ownwell
Property Tax Bills Across New Bethlehem, Clarion County, Pennsylvania
In New Bethlehem, property tax bills are determined based on the assessed value of the property, which is often a percentage of the market value. For homeowners in Clarion County, where New Bethlehem is located, the median home price is $14,030. The property tax rate in this area is influenced by local government budgets and public service funding needs. The tax bill can vary significantly, with the 25th percentile paying around $736 annually, while the 75th percentile pays approximately $1,624. At the higher end, the 90th percentile sees tax bills reaching up to $2,226. These variations depend on the specific assessed values of the properties and the applicable tax rate. Homeowners in New Bethlehem may find their property tax bills higher or lower than the national median property tax rate of 0.99%. The highest and lowest median tax bills in the area are both $1,131, reflecting a relatively consistent tax rate within the region. Understanding these factors can help homeowners anticipate their annual property tax obligations.
Property Tax Bills Across New Bethlehem, Clarion County, Pennsylvania
Source: Ownwell
$524
$1,149
$1,774
Average New Bethlehem Tax Bill
$1,131
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across New Bethlehem, Clarion County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16242 | $395 | $736 | $1,131 | $1,624 | $2,226 |
Source: Ownwell