Cross Fork, Pennsylvania Property Taxes
The median property tax rate in Cross Fork, PA is 2.02%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Cross Fork at $38,500, the typical annual property tax bill reaches $776, which is still below the national median of $2,690. Property taxes in Cross Fork 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 Cross Fork'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 Cross Fork 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
Cross Fork, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.02%
Estimate Property Tax Bill
$778
Ownwell’s Cross Fork Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cross Fork with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cross Fork 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 Cross Fork, Pennsylvania
Property taxes in Cross Fork, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cross Fork is 2.02%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Cross Fork set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cross Fork 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 Cross Fork's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17729 zip code has the highest median property tax rate of 2.02%, while the same zip code also has the lowest median tax rate of 2.02%. Understanding how these cities compare with Cross Fork provides valuable insights into the varying tax landscape across Clinton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cross Fork Tax Rate
2.02%
Average Clinton County Tax Rate
2.04%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cross Fork, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17729 | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Cross Fork, Pennsylvania
In Cross Fork, 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 Clinton 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. Assessment notices in Cross Fork 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 Cross Fork helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Cross Fork is $38,500, with the median tax bill at $776 in zip code 17729, highlighting the importance of understanding and managing property taxes effectively.
Property Tax Assessment Values Across Cross Fork, Pennsylvania
Source: Ownwell
$22,900
$149,700
$276,500
Average Cross Fork Assessed Value
$38,500
Average Clinton County Assessed Value
$57,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cross Fork, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17729 | $15,550 | $21,850 | $38,500 | $62,725 | $89,550 |
Source: Ownwell
Property Tax Bills Across Cross Fork, Pennsylvania
Property tax bills in Cross Fork, located in Clinton County, PA, are determined by assessing the value of a property and applying the local tax rate. The median home price in Cross Fork is $38,500, which serves as the basis for calculating the tax bill. The assessed value of a property is multiplied by the local tax rate to determine the annual tax obligation. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Cross Fork can expect a range of property tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is $440, while the 75th percentile tax bill is $1,265, and the 90th percentile reaches up to $1,805. These figures highlight the variability in tax bills within the area. Compared to the national median property tax rate of 0.99%, Cross Fork's tax rates may vary, impacting homeowners differently based on their specific property assessments. This variability can significantly affect homeowners' annual financial planning and overall cost of living in the region.
Average Cross Fork Tax Bill
$776
Average Clinton County Tax Bill
$1,228
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Cross Fork, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17729 | $313 | $440 | $776 | $1,265 | $1,805 |
Source: Ownwell