Edinboro, Pennsylvania Property Taxes
The median property tax rate in Edinboro, PA is 5.85%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Edinboro at $35,999, the typical annual property tax bill reaches $2,083, which is below the national median of $2,690. Property taxes in Edinboro 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 Edinboro'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 Edinboro or another part of Crawford County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Edinboro, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.85%
Estimate Property Tax Bill
$2,106
Ownwell’s Edinboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Edinboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Edinboro 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 Edinboro, Pennsylvania
Property taxes in Edinboro, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Edinboro is 5.85%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Edinboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Edinboro 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 Edinboro's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16412 zip code has the highest median property tax rate of 5.85%, while the same zip code also has the lowest median tax rate of 5.85%. Understanding how these cities compare with Edinboro provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Edinboro Tax Rate
5.85%
Average Crawford County Tax Rate
5.74%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edinboro, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16412 | 5.72% | 5.72% | 5.85% | 5.86% | 5.86% |
Source: Ownwell
Property Tax Assessment Values Across Edinboro, Pennsylvania
In Edinboro, 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 Crawford 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 Edinboro, 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 Edinboro 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 16412, with a bill of $2083.
Average Edinboro Assessed Value
$35,999
Average Crawford County Assessed Value
$26,552
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Edinboro, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16412 | $10,757 | $21,790 | $35,999 | $50,843 | $74,340 |
Source: Ownwell
Property Tax Bills Across Edinboro, Pennsylvania
In Edinboro, property tax bills are determined by the assessed value of a home and the local tax rate set by Crawford County. The assessed value is typically a percentage of the market value of the property. For example, with a median home price of $35,999, the tax bill can vary significantly based on where it falls within the assessed value range. Homeowners in Edinboro can expect their property tax bills to range from $1,277 at the 25th percentile to $2,978 at the 75th percentile, with the 90th percentile reaching as high as $4,404. These figures indicate that property taxes can be a substantial annual expense for homeowners, influencing decisions on purchasing and maintaining properties. Compared to the national median property tax rate of 0.99%, Edinboro's tax rates reflect the local economic conditions and funding requirements for public services. This system ensures that property taxes are proportionate to property values, thereby affecting homeowners' financial planning and long-term investments.
Average Edinboro Tax Bill
$2,083
Average Crawford County Tax Bill
$1,304
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Edinboro, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16412 | $630 | $1,277 | $2,083 | $2,978 | $4,404 |
Source: Ownwell