Forest County, Pennsylvania Property Taxes
The median property tax rate in Forest County is 8.80%, which is significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Forest County, the typical annual property tax bill reaches $559, which is considerably lower than the national median of $2,690. Property taxes in Forest County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Forest County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Tionesta or another part of Forest County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Forest County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
8.8%
Estimate Property Tax Bill
$559
$519
Ownwell’s Forest County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Forest County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Forest County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Forest County, Pennsylvania
Property taxes in Forest County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Forest County is 8.80%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Forest County set these rates annually, and they can vary significantly between different areas within the county. Each year, Forest County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Forest County's effective property tax rate with other counties in Pennsylvania and the national median. For comparison, the city of West Hickory has one of the higher property tax rates in Pennsylvania at 9.21%, while the city of Sheffield boasts one of the lowest at 8.69%. Analyzing how Forest County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Forest County Tax Rate
8.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Forest County, Pennsylvania
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clarington | 9.10% | 9.10% | 9.10% | 9.10% | 9.10% |
| Cooksburg | 9.10% | 9.10% | 9.10% | 9.10% | 9.10% |
| East Hickory | 8.76% | 8.76% | 8.76% | 8.76% | 8.76% |
| Endeavor | 8.76% | 8.76% | 8.76% | 8.76% | 8.76% |
| Marienville | 8.80% | 9.10% | 9.14% | 9.14% | 9.14% |
| Pleasantville | 9.14% | 9.21% | 9.21% | 9.21% | 9.21% |
| Sheffield | 8.69% | 8.69% | 8.69% | 8.69% | 8.69% |
| Tidioute | 8.76% | 9.21% | 9.21% | 9.21% | 9.21% |
| Tionesta | 8.41% | 8.41% | 8.76% | 8.80% | 8.80% |
| Vowinckel | 8.80% | 9.03% | 9.10% | 9.10% | 9.10% |
| West Hickory | 9.21% | 9.21% | 9.21% | 9.21% | 9.21% |
Source: Ownwell
Property Tax Assessment Values Across Forest County, Pennsylvania
In Forest County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Forest County Appraisal District. The assessed value, however, 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. Assessment notices in Forest County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, residents in Vowinckel face the highest median tax bill at $1,267, while those in Sheffield enjoy the lowest at $441. Being aware of these valuation processes in Forest County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Forest County Assessed Value
$6,350
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Forest County, Pennsylvania
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clarington | $3,062 | $4,372 | $7,525 | $12,318 | $17,906 |
| Cooksburg | $4,160 | $7,145 | $12,210 | $20,575 | $28,160 |
| East Hickory | $2,577 | $3,968 | $7,710 | $11,595 | $12,260 |
| Endeavor | $6,556 | $7,782 | $9,300 | $13,378 | $15,584 |
| Marienville | $3,040 | $4,520 | $7,320 | $12,330 | $18,950 |
| Pleasantville | $2,868 | $4,260 | $6,410 | $10,328 | $16,036 |
| Sheffield | $2,430 | $3,400 | $5,080 | $8,185 | $11,656 |
| Tidioute | $3,410 | $4,495 | $6,520 | $10,520 | $19,788 |
| Tionesta | $2,560 | $3,750 | $5,810 | $9,850 | $16,098 |
| Vowinckel | $3,720 | $8,350 | $14,180 | $22,065 | $22,720 |
| West Hickory | $3,200 | $4,350 | $6,650 | $10,040 | $12,484 |
Source: Ownwell
Property Tax Bills Across Forest County, Pennsylvania
In Forest County, PA, property tax bills are determined based on the assessed value of a home. This assessed value is a percentage of the property's market value. Local tax rates, known as millage rates, are then applied to the assessed value to calculate the annual tax bill. For example, a median home price in the county is $6,350. Homeowners in Forest County can expect their property tax bills to vary significantly, with the 25th percentile paying around $351 and the 75th percentile paying about $941 annually. At the higher end, the 90th percentile sees tax bills reaching up to $1,526. Comparatively, Vowinckel has the highest median tax bill at $1,267, while Sheffield boasts the lowest at $441. These variations can significantly impact homeowners, influencing decisions on buying, selling, or investing in property within the county. Understanding these factors is crucial for homeowners to budget effectively and make informed financial decisions.
Average Forest County Tax Bill
$559
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Forest County, Pennsylvania
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clarington | $279 | $398 | $685 | $1,121 | $1,630 |
| Cooksburg | $379 | $650 | $1,111 | $1,873 | $2,563 |
| East Hickory | $226 | $348 | $676 | $1,016 | $1,074 |
| Endeavor | $575 | $682 | $815 | $1,172 | $1,366 |
| Marienville | $274 | $411 | $664 | $1,123 | $1,725 |
| Pleasantville | $264 | $392 | $574 | $943 | $1,423 |
| Sheffield | $211 | $295 | $441 | $711 | $1,013 |
| Tidioute | $312 | $405 | $601 | $965 | $1,823 |
| Tionesta | $221 | $322 | $503 | $854 | $1,419 |
| Vowinckel | $339 | $745 | $1,267 | $1,981 | $2,068 |
| West Hickory | $295 | $401 | $613 | $925 | $1,150 |
Source: Ownwell