Mc Connellsburg, Fulton County, Pennsylvania Property Taxes
The median property tax rate in McConnellsburg, PA is 4.76%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $11,665 in McConnellsburg, the typical annual property tax bill is $667, which is below the national median of $2,690. Property taxes in McConnellsburg 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 McConnellsburg'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 McConnellsburg 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
Mc Connellsburg, Fulton County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.76%
Estimate Property Tax Bill
$555
$515
Ownwell’s MC CONNELLSBURG Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MC CONNELLSBURG with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MC CONNELLSBURG 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 Mc Connellsburg, Fulton County, Pennsylvania
Property taxes in McConnellsburg, Pennsylvania, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in McConnellsburg is 4.76%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within McConnellsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, McConnellsburg 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 McConnellsburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17233 zip code has the highest median property tax rate of 4.76%, while the same zip code also has the lowest median tax rate of 4.76%. Understanding how these cities compare with McConnellsburg 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.
Property Tax Rates Across Mc Connellsburg, Fulton County, Pennsylvania
Source: Ownwell
4.19%
4.50%
4.81%
Average Mc Connellsburg Tax Rate
4.76%
Average Fulton County Tax Rate
4.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mc Connellsburg, Fulton County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17233 | 4.59% | 4.59% | 4.76% | 4.76% | 5.29% |
Source: Ownwell
Property Tax Assessment Values Across Mc Connellsburg, Fulton County, Pennsylvania
In MC CONNELLSBURG, 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 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 MC CONNELLSBURG, 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. The median home price in MC CONNELLSBURG is $11,665, with the 25th percentile tax bill at $247 and the 75th percentile at $1,284. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mc Connellsburg, Fulton County, Pennsylvania
Source: Ownwell
$11,665
$16,328
$20,990
Average Mc Connellsburg Assessed Value
$11,665
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 Mc Connellsburg, Fulton County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17233 | $2,123 | $4,265 | $11,665 | $24,462 | $44,794 |
Source: Ownwell
Property Tax Bills Across Mc Connellsburg, Fulton County, Pennsylvania
In Mc Connellsburg, located in Fulton County, PA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the local tax assessor and is a percentage of the property's market value. The tax rate, also known as the millage rate, is then applied to this assessed value to compute the annual property tax bill. Factors influencing the tax bill include the property's location, size, and any improvements made to it. For example, the median home price in Mc Connellsburg is $11,665, leading to a range of tax bills. Homeowners in the 25th percentile typically pay around $247, while those in the 75th percentile see bills closer to $1,284. At the 90th percentile, tax bills can reach up to $2,200. Compared to the national median property tax rate of 0.99%, Mc Connellsburg's tax rate can significantly impact homeowners' financial planning, especially considering the relatively low median home prices in the area.
Average Mc Connellsburg Tax Bill
$667
Average Fulton County Tax Bill
$734
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mc Connellsburg, Fulton County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17233 | $143 | $247 | $667 | $1,284 | $2,200 |
Source: Ownwell