Pleasantville, Pennsylvania Property Taxes
The median property tax rate in Pleasantville, PA, is 9.21%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Pleasantville, the typical annual property tax bill reaches $574, surpassing the national median of $2,690. Property taxes in Pleasantville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Pleasantville'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 Pleasantville 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
Pleasantville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
9.21%
Estimate Property Tax Bill
$590
Ownwell’s Pleasantville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasantville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasantville 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 Pleasantville, Pennsylvania
Property taxes in Pleasantville, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasantville is 9.21%, significantly higher than the U.S. national median of 0.99%. Local government entities within Pleasantville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasantville 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 Pleasantville's effective property tax rate to other areas in Forest County and the national median. For comparison, the zip code 16341 has both the highest and lowest median property tax rate of 9.21%. Understanding how these areas compare with Pleasantville provides valuable insights into the varying tax landscape across Forest County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasantville Tax Rate
9.21%
Average Forest County Tax Rate
8.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasantville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16341 | 9.14% | 9.21% | 9.21% | 9.21% | 9.21% |
Source: Ownwell
Property Tax Assessment Values Across Pleasantville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pleasantville, PA. 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 Forest County Appraisal District 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 Pleasantville, 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. For instance, the highest median tax bill in the area is $574.00 in the 16341 zip code. 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 Pleasantville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pleasantville Assessed Value
$6,410
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 Pleasantville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16341 | $2,868 | $4,260 | $6,410 | $10,328 | $16,036 |
Source: Ownwell
Property Tax Bills Across Pleasantville, Pennsylvania
In Pleasantville, located in Forest County, PA, property tax bills are calculated based on the assessed value of your home. The median home price in this area is $6,410, which is relatively low compared to national standards. Property taxes are determined by multiplying the assessed value of your property by the local tax rate. For Pleasantville, the tax bill can vary significantly depending on the assessed value and specific circumstances of the property. Homeowners in Pleasantville can expect their tax bills to fall within a broad range. The 25th percentile tax bill is around $392, while the 75th percentile tax bill is approximately $943. For those at the higher end, the 90th percentile tax bill can reach up to $1,423. This variability in tax bills affects homeowners differently, depending on their property's assessed value and other factors such as exemptions or appeals. While the highest and lowest median tax bills in Forest County are both recorded at $574 in zip code 16341, the overall tax burden remains relatively manageable compared to the national median property tax rate of 0.99%.
Average Pleasantville Tax Bill
$574
Average Forest County Tax Bill
$559
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasantville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16341 | $264 | $392 | $574 | $943 | $1,423 |
Source: Ownwell