Parker, Clarion County, Pennsylvania Property Taxes
The median property tax rate in Parker, PA is 7.64%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Parker, the typical annual property tax bill reaches $817, which is below the national median of $2,690. Property taxes in Parker 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 Parker'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 Parker 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
Parker, Clarion County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
7.64%
Estimate Property Tax Bill
$812
$753
Ownwell’s Parker Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Parker with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Parker 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 Parker, Clarion County, Pennsylvania
Property taxes in Parker, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Parker is 7.64%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Parker set these rates annually, and they can vary significantly across different neighborhoods. Each year, Parker 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 Parker's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16049 zip code has both the highest and lowest median property tax rate of 7.64%. Understanding how these cities compare with Parker 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 Parker Tax Rate
7.64%
Average Clarion County Tax Rate
8.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Parker, Clarion County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16049 | 7.53% | 7.64% | 7.64% | 7.64% | 7.79% |
Source: Ownwell
Property Tax Assessment Values Across Parker, Clarion County, Pennsylvania
In Parker, 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 Parker, 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 Parker helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Parker is $817, found in zip code 16049.
Property Tax Assessment Values Across Parker, Clarion County, Pennsylvania
Source: Ownwell
$5,932
$14,334
$22,736
Average Parker Assessed Value
$10,625
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 Parker, Clarion County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16049 | $3,200 | $6,630 | $10,625 | $17,670 | $25,997 |
Source: Ownwell
Property Tax Bills Across Parker, Clarion County, Pennsylvania
In Parker, located in Clarion County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Parker is $10,625, and the property tax rate here is influenced by various local factors, including school district funding and municipal services. Homeowners in Parker can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $505, while at the 75th percentile, it reaches $1,355. The highest tax bill for the 90th percentile is $1,972. Comparatively, the national median property tax rate is 0.99%, making Parker’s rates relatively manageable. Understanding these factors helps homeowners anticipate their annual property tax obligations and budget accordingly. Despite the variability, the highest median tax bill in Parker is $817, which is consistent across the zip code 16049.
Average Parker Tax Bill
$817
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Parker, Clarion County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16049 | $244 | $505 | $817 | $1,355 | $1,972 |
Source: Ownwell