Girard, Pennsylvania Property Taxes
The median property tax rate in Girard, PA is 2.62%, which is considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Girard at $99,575, the typical annual property tax bill reaches $2,598, just below the national median of $2,690. Property taxes in Girard 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 Girard'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 Girard 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
Girard, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.62%
Estimate Property Tax Bill
$2,609
Ownwell’s Girard Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Girard with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Girard 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 Girard, Pennsylvania
Property taxes in Girard, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Girard is 2.62%, significantly higher than the U.S. national median of 0.99%. Local government entities within Girard set these rates annually, and they can vary significantly across different neighborhoods. Each year, Girard 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 Girard's effective property tax rate to other regions in Pennsylvania and the national median. For comparison, the zip code 16417 has both the highest and lowest median property tax rate of 2.62%. Understanding how these areas compare with Girard provides valuable insights into the varying tax landscape across Erie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Girard Tax Rate
2.62%
Average Erie County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Girard, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16417 | 2.43% | 2.62% | 2.62% | 2.69% | 2.69% |
Source: Ownwell
Property Tax Assessment Values Across Girard, Pennsylvania
In Girard, 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 Erie 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 Girard, 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 Girard helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Girard is $2,598 in zip code 16417, while the lowest median tax bill is also $2,598 in the same zip code.
Average Girard Assessed Value
$99,575
Average Erie County Assessed Value
$98,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Girard, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16417 | $14,400 | $70,450 | $99,575 | $132,198 | $180,072 |
Source: Ownwell
Property Tax Bills Across Girard, Pennsylvania
In Girard, Erie County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county's property assessor and reflects a percentage of the market value of the property. Homeowners in Girard can expect their tax bills to vary significantly depending on the assessed value of their property and the local tax rate. For instance, the median home price in Girard is $99,575. Property tax bills in the area range from the 25th percentile at $1,690 to the 75th percentile at $3,387, with the 90th percentile reaching up to $4,695. This range indicates that while some homeowners may pay a relatively modest amount, others could face significantly higher bills. Notably, the highest median tax bill in the region is $2,598, which is above the national median property tax rate of 0.99%. These property tax bills impact homeowners by influencing their overall housing costs and potentially affecting their ability to afford other expenses. Understanding how these taxes are calculated helps homeowners plan their finances more effectively.
Average Girard Tax Bill
$2,598
Average Erie County Tax Bill
$2,898
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Girard, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16417 | $380 | $1,690 | $2,598 | $3,387 | $4,695 |
Source: Ownwell