Wilburton, Pennsylvania Property Taxes
The median property tax rate in Wilburton, PA is 3.44%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $29,498 in Wilburton, the typical annual property tax bill amounts to $1,016, surpassing the national median of $2,690. Property taxes in Wilburton are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Wilburton'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 Wilburton or another part of Columbia County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wilburton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.44%
Estimate Property Tax Bill
$1,015
Ownwell’s Wilburton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilburton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilburton 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 Wilburton, Pennsylvania
Property taxes in Wilburton, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilburton is 3.44%, significantly higher than the national median of 0.99%. Local government entities within Wilburton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilburton 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 Wilburton's effective property tax rate to other areas in Columbia County and the national median. For comparison, the zip code 17888 has the highest median property tax rate of 3.44%, while the lowest median tax rate is also 3.44% in the same zip code. Understanding how these areas compare with Wilburton 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 Wilburton Tax Rate
3.44%
Average Columbia County Tax Rate
3.65%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilburton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17888 | 3.44% | 3.44% | 3.44% | 3.44% | 3.44% |
Source: Ownwell
Property Tax Assessment Values Across Wilburton, Pennsylvania
In Wilburton, 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 Wilburton, 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 Wilburton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Wilburton is $29,498, with property tax bills ranging from $785 at the 25th percentile to $2,788 at the 90th percentile. The zip code 17888 has the highest and lowest median tax bill of $1,016.
Average Wilburton Assessed Value
$29,498
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 Wilburton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17888 | $16,092 | $22,796 | $29,498 | $49,597 | $80,930 |
Source: Ownwell
Property Tax Bills Across Wilburton, Pennsylvania
In Wilburton, located in Columbia County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The tax rate in the area is applied to this assessed value to compute the annual tax bill. Several factors influence the tax bill, including the property's market value, location, and any applicable exemptions or deductions. For homeowners in Wilburton, the median home price stands at $29,498. Property tax bills can vary significantly, with the 25th percentile tax bill at $785 and the 75th percentile at $1,708. The 90th percentile tax bill reaches up to $2,788, indicating a wide range of possible tax obligations depending on property specifics. The median property tax rate in Wilburton is 0.99%, aligning with the national median. This rate affects homeowners by contributing to their annual financial responsibilities, influencing decisions on property purchases and long-term investments. Understanding these factors helps homeowners anticipate and manage their property tax expenses effectively.
Average Wilburton Tax Bill
$1,016
Average Columbia County Tax Bill
$2,229
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilburton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17888 | $554 | $785 | $1,016 | $1,708 | $2,788 |
Source: Ownwell