Arcadia, Pennsylvania Property Taxes
The median property tax rate in Arcadia, PA is 1.40%, considerably higher than the national median of 0.99% but much lower than the Pennsylvania state median of 2.81%. With the median home value in Arcadia at $41,200, the typical annual property tax bill reaches $576, which is significantly below the national median of $2,690. Property taxes in Arcadia 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 Arcadia'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 Arcadia 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
Arcadia, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$577
Ownwell’s Arcadia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Arcadia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arcadia to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan your finances accordingly. For those interested in more granular insights, scroll down to explore trends at a neighborhood level. Your property’s assessed value is determined by Indiana County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Arcadia, Pennsylvania
Property taxes in Arcadia, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arcadia is 1.40%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Arcadia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arcadia 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 Arcadia's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15712 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Arcadia provides valuable insights into the varying tax landscape across Indiana County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arcadia Tax Rate
1.40%
Average Indiana County Tax Rate
2.03%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arcadia, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15712 | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Arcadia, Pennsylvania
In Arcadia, 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 Indiana 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 Arcadia, 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 Arcadia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Arcadia are both $576, found in the 15712 zip code.
Average Arcadia Assessed Value
$41,200
Average Indiana County Assessed Value
$98,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arcadia, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15712 | $7,040 | $30,100 | $41,200 | $53,800 | $101,940 |
Source: Ownwell
Property Tax Bills Across Arcadia, Pennsylvania
In Arcadia, Indiana County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by local government assessors and is a percentage of the property's market value. For homeowners, this means their tax bill is a direct reflection of their property's assessed value multiplied by the local tax rate. For example, with a median home price of $41,200 in Arcadia, homeowners can expect their tax bills to vary significantly. The tax bill at the 25th percentile is $443, while at the 75th percentile, it rises to $760. For those at the 90th percentile, the tax bill can reach as high as $1,439. The highest median tax bill in the area is $576, found in zip code 15712. These property taxes are essential for funding local services such as schools, roads, and emergency services, directly impacting the community and homeowners' quality of life. Understanding these factors can help homeowners anticipate their expenses and budget accordingly.
Average Arcadia Tax Bill
$576
Average Indiana County Tax Bill
$2,051
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Arcadia, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15712 | $133 | $443 | $576 | $760 | $1,439 |
Source: Ownwell