Strattanville, Pennsylvania Property Taxes
The median property tax rate in Strattanville, PA is 8.84%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Strattanville at $9,437, the typical annual property tax bill is $826, which is lower than the national median of $2,690. Property taxes in Strattanville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Strattanville'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 Strattanville or another part of Clarion County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Strattanville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
8.84%
Estimate Property Tax Bill
$834
Ownwell’s Strattanville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Strattanville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Strattanville 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 Strattanville, Pennsylvania
Property taxes in Strattanville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Strattanville is 8.84%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Strattanville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Strattanville 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 Strattanville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16258 zip code has the highest median property tax rate of 8.84%, while it also holds the lowest median tax rate of 8.84%. Understanding how these cities compare with Strattanville 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 Strattanville Tax Rate
8.84%
Average Clarion County Tax Rate
8.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Strattanville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16258 | 8.50% | 8.50% | 8.84% | 8.84% | 9.04% |
Source: Ownwell
Property Tax Assessment Values Across Strattanville, Pennsylvania
In Strattanville, 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 Strattanville, 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. The median home price in Strattanville is $9,437, with tax bills ranging significantly. The highest median tax bill in the area is $826 in the 16258 zip code, which also has the lowest median tax bill of $826. Being aware of these valuation processes in Strattanville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Strattanville, Pennsylvania
Source: Ownwell
$5,932
$14,334
$22,736
Average Strattanville Assessed Value
$9,437
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 Strattanville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16258 | $1,970 | $3,560 | $9,437 | $17,345 | $25,337 |
Source: Ownwell
Property Tax Bills Across Strattanville, Pennsylvania
In Strattanville, property tax bills are calculated based on the assessed value of the home, which is determined by the county's tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Strattanville is $9,437, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $307, while the 75th percentile tax bill is $1,527, and the 90th percentile tax bill reaches up to $2,230. Factors that influence the tax bill include the property's assessed value, any applicable exemptions, and the local tax rate. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. Homeowners in Strattanville, situated in Clarion County, should be aware of how these factors affect their tax obligations, as even small changes in assessed value or tax rates can lead to noticeable differences in their annual tax bills.
Average Strattanville Tax Bill
$826
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Strattanville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16258 | $170 | $307 | $826 | $1,527 | $2,230 |
Source: Ownwell