Vowinckel, Pennsylvania Property Taxes
The median property tax rate in Vowinckel, PA is 7.66%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Vowinckel at $9,516, the typical annual property tax bill amounts to $729, which is still below the national median of $2,690. Property taxes in Vowinckel are calculated based on the assessed value, which is often lower than the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Vowinckel's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Vowinckel or another part of Clarion County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Vowinckel, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
7.66%
Estimate Property Tax Bill
$729
Ownwell’s Vowinckel Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Vowinckel with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Vowinckel 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 Vowinckel, Pennsylvania
Property taxes in Vowinckel, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Vowinckel is 7.66%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Vowinckel set these rates annually, and they can vary significantly across different neighborhoods. Each year, Vowinckel 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 Vowinckel's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16260 zip code 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 Vowinckel 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 Vowinckel 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 Vowinckel, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16260 | 7.66% | 7.66% | 7.66% | 7.66% | 7.66% |
Source: Ownwell
Property Tax Assessment Values Across Vowinckel, Pennsylvania
In Vowinckel, 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 Vowinckel, 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 Vowinckel is $9,516, with tax bills ranging from $424 at the 25th percentile to $1,745 at the 90th percentile. The zip code with the highest and lowest median tax bill is 16260, both at $729. Being aware of these valuation processes in Vowinckel helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Vowinckel Assessed Value
$9,516
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 Vowinckel, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16260 | $3,526 | $5,540 | $9,516 | $16,088 | $22,779 |
Source: Ownwell
Property Tax Bills Across Vowinckel, Pennsylvania
In Vowinckel, PA, property tax bills are calculated using the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Once the assessed value is established, it is multiplied by the local tax rate set by Clarion County to determine the annual tax bill. For homeowners in Vowinckel, the median home price is $9,516. Property tax bills can vary significantly, with the 25th percentile at $424 and the 75th percentile at $1,232, indicating a broad range of property values and corresponding tax obligations. The 90th percentile tax bill reaches up to $1,745, reflecting higher-value properties. These property taxes fund essential local services such as public schools, emergency services, and infrastructure maintenance. Homeowners in Vowinckel should be aware of these factors as they directly influence their annual financial responsibilities and the overall affordability of homeownership in the area.
Average Vowinckel Tax Bill
$729
Average Clarion County Tax Bill
$1,119
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Vowinckel, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16260 | $270 | $424 | $729 | $1,232 | $1,745 |
Source: Ownwell