Benton, Columbia County, Pennsylvania Property Taxes
The median property tax rate in Benton, PA is 4.18%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Benton, the typical annual property tax bill reaches $2,525, which is just below the national median of $2,690. Property taxes in Benton 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 Benton’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 Benton 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
Benton, Columbia County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.18%
Estimate Property Tax Bill
$2,513
$2,332
Ownwell’s Benton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Benton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Benton 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 Benton, Columbia County, Pennsylvania
Property taxes in Benton, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Benton is 4.18%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Benton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Benton 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 Benton's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17814 zip code has the highest median property tax rate of 4.18%, while the same zip code also has the lowest median tax rate of 4.18%. Understanding how these cities compare with Benton provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Benton Tax Rate
4.18%
Average Columbia County Tax Rate
3.65%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Benton, Columbia County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17814 | 4.07% | 4.07% | 4.18% | 4.30% | 5.06% |
Source: Ownwell
Property Tax Assessment Values Across Benton, Columbia County, Pennsylvania
In Benton, 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 Columbia 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 Benton, 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 Benton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 17814, with a value of $2,525, which is significantly higher than the national median property tax rate of 0.99%.
Property Tax Assessment Values Across Benton, Columbia County, Pennsylvania
Source: Ownwell
$13,267
$54,665
$96,063
Average Benton Assessed Value
$60,121
Average Columbia County Assessed Value
$60,804
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Benton, Columbia County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17814 | $25,661 | $39,596 | $60,121 | $86,785 | $118,008 |
Source: Ownwell
Property Tax Bills Across Benton, Columbia County, Pennsylvania
In Benton, Columbia County, PA, property tax bills are calculated based on the assessed value of the home, which is determined by local assessors. The tax rate is applied to this assessed value to calculate the annual tax bill. For instance, with a median home price of $60,121, homeowners can expect varying tax bills depending on specific factors such as property location and exemptions. Homeowners in Benton face tax bills that range significantly. At the 25th percentile, the tax bill is approximately $1,696, while at the 75th percentile, it rises to about $3,602. Those at the 90th percentile can see tax bills as high as $4,896. The highest median tax bill in the area is $2,525. Compared to the national median property tax rate of 0.99%, these figures highlight the variability within the region, affecting homeowners differently based on their property's assessed value and location. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Benton Tax Bill
$2,525
Average Columbia County Tax Bill
$2,229
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Benton, Columbia County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17814 | $1,081 | $1,696 | $2,525 | $3,602 | $4,896 |
Source: Ownwell