Oberlin, Pennsylvania Property Taxes
The median property tax rate in Oberlin, PA is 2.83%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Oberlin, the typical annual property tax bill reaches $3,310, exceeding the national median of $2,690. Property taxes in Oberlin 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 Oberlin'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 Oberlin or another part of Dauphin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Oberlin, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.83%
Estimate Property Tax Bill
$3,305
Ownwell’s Oberlin Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Oberlin with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Oberlin to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax liabilities effortlessly. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, serves as the basis for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Oberlin, Pennsylvania
Property taxes in Oberlin, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oberlin is 2.83%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Oberlin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oberlin 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 Oberlin's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17113 has the highest median property tax rate of 2.83%, while the same zip code also has the lowest median tax rate of 2.83%. Understanding how these cities compare with Oberlin provides valuable insights into the varying tax landscape across Dauphin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Oberlin Tax Rate
2.83%
Average Dauphin County Tax Rate
2.88%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oberlin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17113 | 2.83% | 2.83% | 2.83% | 2.83% | 2.83% |
Source: Ownwell
Property Tax Assessment Values Across Oberlin, Pennsylvania
In Oberlin, 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 Dauphin 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 Oberlin, 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 Oberlin 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 17113, valued at $3,310, while the lowest median tax bill is also in zip code 17113, valued at $3,310.
Average Oberlin Assessed Value
$116,800
Average Dauphin County Assessed Value
$99,700
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oberlin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17113 | $63,850 | $85,050 | $116,800 | $125,950 | $137,400 |
Source: Ownwell
Property Tax Bills Across Oberlin, Pennsylvania
In Oberlin, PA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is not necessarily the same as the market value; it's a value assigned by the county's assessor's office based on various factors including property size, location, and condition. Homeowners in Oberlin can expect tax bills that vary significantly. For instance, the 25th percentile of tax bills is around $2,623, while the 75th percentile reaches $3,569. The 90th percentile can go as high as $3,894, indicating a broad range of property tax obligations within the community. The median home price in Oberlin is $116,800, which, when compared to the national median property tax rate of 0.99%, suggests that local tax rates might be relatively high. This can significantly impact homeowners, especially those on fixed incomes or with lower-valued properties. Understanding how these factors interplay can help residents anticipate their annual property tax obligations and plan their finances accordingly.
Average Oberlin Tax Bill
$3,310
Average Dauphin County Tax Bill
$3,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Oberlin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17113 | $1,850 | $2,623 | $3,310 | $3,569 | $3,894 |
Source: Ownwell