Bloomsburg, Pennsylvania Property Taxes
The median property tax rate in Bloomsburg, PA is 3.42%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bloomsburg at $69,508, the typical annual property tax bill reaches $2,434, slightly below the national median of $2,690. Property taxes in Bloomsburg 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 Bloomsburg'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 Bloomsburg 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
Bloomsburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.42%
Estimate Property Tax Bill
$2,377
Ownwell’s Bloomsburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bloomsburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bloomsburg 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 Bloomsburg, Pennsylvania
Property taxes in Bloomsburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bloomsburg is 3.42%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Bloomsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bloomsburg 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 Bloomsburg's effective property tax rate to other regions in Pennsylvania and the national median. For comparison, the 17815 zip code has the highest median property tax rate of 3.42%, while the lowest median tax rate is also 3.42%. Understanding how these areas compare with Bloomsburg 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 Bloomsburg Tax Rate
3.42%
Average Columbia County Tax Rate
3.65%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bloomsburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17815 | 3.13% | 3.24% | 3.42% | 4.11% | 4.11% |
Source: Ownwell
Property Tax Assessment Values Across Bloomsburg, Pennsylvania
In Bloomsburg, 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 Bloomsburg, 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 Bloomsburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Bloomsburg, the zip code 17815 has both the highest and lowest median tax bill at $2,434.
Average Bloomsburg Assessed Value
$69,508
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 Bloomsburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17815 | $34,118 | $48,131 | $69,508 | $101,373 | $139,610 |
Source: Ownwell
Property Tax Bills Across Bloomsburg, Pennsylvania
In Bloomsburg, property tax bills are calculated based on the assessed value of a property and the local tax rate. The process begins with the local tax assessor determining the assessed value, which is a percentage of the property's market value. This assessed value is then multiplied by the tax rate set by the local government to determine the annual property tax bill. For homeowners in Bloomsburg, the median home price is $69,508. Property tax bills can vary significantly. For instance, the 25th percentile tax bill is $1,751, while the 75th percentile reaches $3,517, and the 90th percentile can be as high as $4,758. The highest median tax bill in the area is $2,434, found in the 17815 zip code. These taxes fund essential public services such as schools, roads, and emergency services, directly impacting the community's quality of life. Homeowners must budget for these taxes as part of their annual expenses, ensuring they remain compliant and avoid any potential penalties.
Average Bloomsburg Tax Bill
$2,434
Average Columbia County Tax Bill
$2,229
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bloomsburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17815 | $1,263 | $1,751 | $2,434 | $3,517 | $4,758 |
Source: Ownwell