Spraggs, Pennsylvania Property Taxes
The median property tax rate in Spraggs, PA is 4.36%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Spraggs at $37,540, the typical annual property tax bill reaches $1,577, exceeding the national median of $2,690. Property taxes in Spraggs 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 Spraggs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Spraggs 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
Spraggs, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.36%
Estimate Property Tax Bill
$1,637
Ownwell’s SPRAGGS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SPRAGGS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SPRAGGS 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 Spraggs, Pennsylvania
Property taxes in Spraggs, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Spraggs is 4.36%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Spraggs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Spraggs 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 Spraggs' effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15362 has the highest median property tax rate of 4.36%, while the same zip code also has the lowest median tax rate of 4.36%. Understanding how these areas compare with Spraggs 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 Spraggs Tax Rate
4.36%
Average Greene County Tax Rate
3.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Spraggs, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15362 | 3.90% | 4.18% | 4.36% | 4.36% | 4.36% |
Source: Ownwell
Property Tax Assessment Values Across Spraggs, Pennsylvania
In Spraggs, 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 Greene County 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 Spraggs, 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. Being aware of these valuation processes in Spraggs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Spraggs is $37,540, with tax bills ranging from $566 at the 25th percentile to $4,107 at the 90th percentile. The zip code 15362 has the highest and lowest median tax bill at $1,577.
Average Spraggs Assessed Value
$37,540
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 Spraggs, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15362 | $5,786 | $13,388 | $37,540 | $70,220 | $108,463 |
Source: Ownwell
Property Tax Bills Across Spraggs, Pennsylvania
In SPRAGGS, Greene County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in SPRAGGS, the median home price is $37,540. The tax bill can vary significantly, with the 25th percentile paying around $566 and the 75th percentile facing a bill of approximately $2,994. At the 90th percentile, homeowners might see tax bills as high as $4,107. These tax bills are influenced by several factors, including the assessed value of the property, any applicable exemptions, and the local tax rate. Compared to the national median property tax rate of 0.99%, homeowners in SPRAGGS experience a range of tax burdens. Understanding how these elements interact helps homeowners anticipate their annual property tax obligations and manage their finances more effectively.
Average Spraggs Tax Bill
$1,577
Average Greene County Tax Bill
$1,387
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Spraggs, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15362 | $252 | $566 | $1,577 | $2,994 | $4,107 |
Source: Ownwell