Tylersburg, Pennsylvania Property Taxes
The median property tax rate in Tylersburg, PA is 7.66%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Tylersburg at $19,270, the typical annual property tax bill reaches $1,476, still exceeding the national median of $2,690. Property taxes in Tylersburg 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 Tylersburg'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 Tylersburg 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
Tylersburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
7.66%
Estimate Property Tax Bill
$1,476
Ownwell’s Tylersburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tylersburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tylersburg 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 Tylersburg, Pennsylvania
Property taxes in Tylersburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tylersburg is 7.66%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Tylersburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tylersburg 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 Tylersburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16361 has the highest median property tax rate of 7.66%, while the same zip code also has the lowest median tax rate of 7.66%. Understanding how these cities compare with Tylersburg 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 Tylersburg Tax Rate
7.66%
Average Clarion County Tax Rate
8.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tylersburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16361 | 7.66% | 7.66% | 7.66% | 7.66% | 7.66% |
Source: Ownwell
Property Tax Assessment Values Across Tylersburg, Pennsylvania
In Tylersburg, 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 Appraisal District 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 Tylersburg, 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. For instance, the median home price in Tylersburg is $19,270, with tax bills ranging from $1,044 at the 25th percentile to $2,107 at the 90th percentile. The highest and lowest median tax bills in the area are both $1,476, found in zip code 16361. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tylersburg Assessed Value
$19,270
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 Tylersburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16361 | $7,635 | $13,628 | $19,270 | $22,901 | $27,506 |
Source: Ownwell
Property Tax Bills Across Tylersburg, Pennsylvania
In Tylersburg, located in Clarion County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. This assessed value is then multiplied by the local tax rate to determine the tax bill. Various factors influence the assessed value, including the property's size, age, location, and any improvements made. For homeowners in Tylersburg, the median home price is $19,270, which significantly impacts their property tax bills. The tax bill at the 25th percentile is $1,044, while at the 75th percentile, it reaches $1,754. At the 90th percentile, homeowners can expect a tax bill of $2,107. The highest and lowest median tax bills in the area are both $1,476, found in the 16361 zip code, indicating a relatively uniform tax rate within the region. Compared to the national median property tax rate of 0.99%, Tylersburg homeowners experience a different tax burden, reflecting local economic conditions and property values. Understanding these factors helps homeowners anticipate their annual property tax obligations.
Average Tylersburg Tax Bill
$1,476
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Tylersburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16361 | $585 | $1,044 | $1,476 | $1,754 | $2,107 |
Source: Ownwell