Clune, Pennsylvania Property Taxes
The median property tax rate in Clune, PA is 2.30%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Clune at $26,300, the typical annual property tax bill reaches $613, exceeding the national median of $2,690. Property taxes in Clune 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 Clune'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 Clune 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
Clune, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.3%
Estimate Property Tax Bill
$605
Ownwell’s Clune Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clune with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clune 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 Indiana County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Clune, Pennsylvania
Property taxes in Clune, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Clune is 1.19%, which is higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Clune set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clune 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 Clune's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15727 zip code has the highest median property tax rate of 1.19%, while the same zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Clune 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 Clune Tax Rate
2.30%
Average Indiana County Tax Rate
2.03%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clune, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15727 | 2.30% | 2.30% | 2.30% | 2.30% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Clune, Pennsylvania
In Clune, 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 Clune, 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 Clune helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15727 has both the highest and lowest median tax bill in the area, valued at $613.
Average Clune Assessed Value
$26,300
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 Clune, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15727 | $19,000 | $21,325 | $26,300 | $48,500 | $60,350 |
Source: Ownwell
Property Tax Bills Across Clune, Pennsylvania
In Clune, Indiana County, PA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. Homeowners in Clune can expect varying tax bills, influenced by factors such as property size, location, and improvements made to the home. For instance, the median home price in Clune is $26,300, and property tax bills can range significantly. The 25th percentile tax bill is around $493, while the 75th percentile reaches $1,119, and the 90th percentile climbs to $1,396. These figures highlight the variability in tax obligations, which can impact homeowners' financial planning. Compared to the national median property tax rate of 0.99%, Clune presents a unique landscape for property taxes, emphasizing the importance of understanding local tax assessments and rates.
Average Clune Tax Bill
$613
Average Indiana County Tax Bill
$2,051
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Clune, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15727 | $439 | $493 | $613 | $1,119 | $1,396 |
Source: Ownwell