Garards Fort, Pennsylvania Property Taxes
The median property tax rate in Garards Fort, PA is 3.40%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Garards Fort at $47,740, the typical annual property tax bill reaches $1,591, exceeding the national median of $2,690. Property taxes in Garards Fort 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 Garards Fort'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 Garards Fort or another part of Greene County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Garards Fort, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.4%
Estimate Property Tax Bill
$1,623
Ownwell’s Garards Fort Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Garards Fort with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Garards Fort 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 Garards Fort, Pennsylvania
Property taxes in Garards Fort, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Garards Fort is 3.40%, significantly higher than the U.S. national median of 0.99%. Local government entities within Garards Fort set these rates annually, and they can vary significantly across different neighborhoods. Each year, Garards Fort 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 Garards Fort's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15334 has the highest median property tax rate of 3.40%, while the same zip code also has the lowest median tax rate of 3.40%. Understanding how these cities compare with Garards Fort provides valuable insights into the varying tax landscape across Greene County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Garards Fort Tax Rate
3.40%
Average Greene County Tax Rate
3.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garards Fort, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15334 | 3.16% | 3.40% | 3.40% | 3.48% | 3.48% |
Source: Ownwell
Property Tax Assessment Values Across Garards Fort, Pennsylvania
In Garards Fort, 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 Greene 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 Garards Fort, 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 Garards Fort is $47,740, with tax bills ranging from $1,139 at the 25th percentile to $2,913 at the 90th percentile. The highest and lowest median tax bills are both $1,591, found in the 15334 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 Garards Fort helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Garards Fort, Pennsylvania
Source: Ownwell
$17,020
$55,833
$94,645
Average Garards Fort Assessed Value
$47,740
Average Greene County Assessed Value
$35,632
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garards Fort, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15334 | $14,234 | $33,495 | $47,740 | $59,190 | $84,794 |
Source: Ownwell
Property Tax Bills Across Garards Fort, Pennsylvania
In Garards Fort, located in Greene County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The median home price in this area is $47,740. To calculate the tax bill, the assessed value is multiplied by the local property tax rate. Homeowners in Garards Fort experience a range of property tax bills. For instance, the 25th percentile tax bill is $1,139, while the 75th percentile tax bill reaches $2,148. At the higher end, the 90th percentile tax bill can go up to $2,913. These tax bills significantly impact homeowners, influencing their annual financial planning and overall cost of homeownership. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners in Garards Fort to understand their local rates and how they compare to the national average. For those living in the 15334 zip code, the median tax bill stands at $1,591, reflecting the broader property tax landscape within the region.
Average Garards Fort Tax Bill
$1,591
Average Greene County Tax Bill
$1,387
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Garards Fort, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15334 | $488 | $1,139 | $1,591 | $2,148 | $2,913 |
Source: Ownwell