Union City, Pennsylvania Property Taxes
The median property tax rate in Union City, PA is 2.66%, considerably higher than the national median of 0.99% but slightly below the Pennsylvania state median of 2.81%. With a median home value of $70,840 in Union City, the typical annual property tax bill reaches $1,741, which is lower than the national median of $2,690. Property taxes in Union City 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 Union City'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 Union City or another part of Erie County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Union City, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.66%
Estimate Property Tax Bill
$1,884
Ownwell’s Union City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Union City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Union City 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 Union City, Pennsylvania
Property taxes in Union City, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Union City is 2.66%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Union City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Union City 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 Union City's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16438 zip code has both the highest and lowest median property tax rate of 2.66%. Understanding how these cities compare with Union City 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 Union City Tax Rate
2.66%
Average Erie County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Union City, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16438 | 1.92% | 2.08% | 2.66% | 2.66% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Union City, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Union City, Pennsylvania. 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 Union City, 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. The median home price in Union City is $70,840, with tax bills ranging from $1,302 at the 25th percentile to $3,353 at the 90th percentile. The zip code 16438 has both the highest and lowest median tax bill at $1,741. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Union City, Pennsylvania
Source: Ownwell
$33,860
$103,725
$173,590
Average Union City Assessed Value
$70,840
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 Union City, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16438 | $32,800 | $51,700 | $70,840 | $98,175 | $135,200 |
Source: Ownwell
Property Tax Bills Across Union City, Pennsylvania
In Union City, located in Erie County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Union City can expect their property tax bills to vary significantly, with the 25th percentile tax bill around $1,302 and the 75th percentile reaching $2,315. At the higher end, the 90th percentile tax bill can go up to $3,353. The median home price in Union City is $70,840, and the tax rate is applied to this assessed value to determine the annual tax bill. This rate is influenced by various factors, including local government budgets, school district funding requirements, and public services. Compared to the national median property tax rate of 0.99%, homeowners in Union City may find their tax bills to be relatively moderate. Understanding these factors helps homeowners anticipate their annual expenses and plan their finances accordingly.
Average Union City Tax Bill
$1,741
Average Erie County Tax Bill
$2,898
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Union City, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16438 | $790 | $1,302 | $1,741 | $2,315 | $3,353 |
Source: Ownwell