Du Bois, Pennsylvania Property Taxes
The median property tax rate in Du Bois, PA is 0.25%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Du Bois at $118,813, the typical annual property tax bill is $294, well below the national median of $2,690. Property taxes in Du Bois are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Du Bois'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 Du Bois or another part of Clearfield County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Du Bois, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.25%
Estimate Property Tax Bill
$297
Ownwell’s DU BOIS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DU BOIS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DU BOIS 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 Du Bois, Pennsylvania
Property taxes in Du Bois, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Du Bois is 1.46%, significantly higher than the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Du Bois set these rates annually, and they can vary significantly across different neighborhoods. Each year, Du Bois 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 Du Bois's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the highest median property tax rate in Pennsylvania is found in Delaware County at 2.15%, while the lowest median tax rate is in Forest County at 0.90%. Understanding how these counties compare with Du Bois provides valuable insights into the varying tax landscape across Clearfield County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Du Bois Tax Rate
0.25%
Average Clearfield County Tax Rate
0.25%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Du Bois, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15801 | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
Source: Ownwell
Property Tax Assessment Values Across Du Bois, Pennsylvania
In DU BOIS, 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 Clearfield 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 DU BOIS, 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 DU BOIS helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $294, found in the 15801 zip code.
Average Du Bois Assessed Value
$118,813
Average Clearfield County Assessed Value
$86,111
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Du Bois, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15801 | $44,949 | $73,232 | $118,813 | $188,637 | $275,757 |
Source: Ownwell
Property Tax Bills Across Du Bois, Pennsylvania
In Du Bois, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $118,813, homeowners can expect their tax bills to vary significantly based on specific assessments and applicable exemptions. Several factors influence the final tax bill, including property size, location, and any improvements made to the home. In Du Bois, the 25th percentile tax bill is around $181, while the 75th percentile tax bill is approximately $468, and the 90th percentile tax bill can reach up to $684. These figures reflect the variability in property values and assessments within the area. Compared to the national median property tax rate of 0.99%, homeowners in Du Bois experience a range of tax obligations, which can have a substantial impact on their annual financial planning and overall housing affordability.
Average Du Bois Tax Bill
$294
Average Clearfield County Tax Bill
$214
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Du Bois, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15801 | $111 | $181 | $294 | $468 | $684 |
Source: Ownwell