Artemas, Pennsylvania Property Taxes
The median property tax rate in Artemas, PA is 4.21%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Artemas at $3,320, the typical annual property tax bill reaches $140, surpassing the national median of $2,690. Property taxes in Artemas are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Artemas'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 Artemas or another part of Fulton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Artemas, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.21%
Estimate Property Tax Bill
$140
Ownwell’s Artemas Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Artemas with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Artemas 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 Artemas, Pennsylvania
Property taxes in Artemas, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Artemas is 4.21%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Artemas set these rates annually, and they can vary significantly across different neighborhoods. Each year, Artemas 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 Artemas's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17211 zip code has the highest median property tax rate of 4.21%, while the same zip code also has the lowest median tax rate of 4.21%. Understanding how these cities compare with Artemas provides valuable insights into the varying tax landscape across Fulton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Artemas Tax Rate
4.21%
Average Fulton County Tax Rate
4.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Artemas, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17211 | 4.21% | 4.21% | 4.21% | 4.21% | 4.21% |
Source: Ownwell
Property Tax Assessment Values Across Artemas, Pennsylvania
In Artemas, 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 Fulton 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 Artemas, 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 highest and lowest median tax bills in Artemas both stand at $140, specifically in the 17211 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Artemas Assessed Value
$3,320
Average Fulton County Assessed Value
$13,800
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Artemas, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17211 | $3,320 | $3,320 | $3,320 | $3,320 | $3,320 |
Source: Ownwell
Property Tax Bills Across Artemas, Pennsylvania
In Artemas, located in Fulton County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor's office and typically reflects a percentage of the property's market value. Homeowners in Artemas face a median property tax bill of $140, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's size, location, and any improvements made. The uniformity of the tax bill in Artemas is evident, with the 25th, 75th, and 90th percentiles all reporting the same amount of $140. This consistency suggests a stable and predictable tax environment for homeowners. For residents, this means relatively low and manageable property taxes, which can make homeownership more affordable compared to other regions. The highest and lowest median tax bills in the area also stand at $140, indicating a uniform tax rate across different properties in the same zip code.
Average Artemas Tax Bill
$140
Average Fulton County Tax Bill
$734
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Artemas, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17211 | $140 | $140 | $140 | $140 | $140 |
Source: Ownwell