Shelocta, Indiana County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Shelocta, Indiana County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Shelocta, PA effective property tax rate: 2.11%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%. Median Shelocta, PA home value: $124,350. Median annual Shelocta, PA tax bill: $2,690, $290 higher than the national median property tax bill of $2,400.

How are property taxes in Indiana County calculated?

Property taxes in Shelocta, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Shelocta’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shelocta, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Shelocta, Indiana County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.11%

Estimate Property Tax Bill

$2,624

$2,435

Ownwell’s Shelocta Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shelocta with just two data points. By entering your property's estimated assessed value, our calculator applies Shelocta’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Indiana County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Shelocta, Indiana County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Shelocta, located in Indiana County, PA, the effective property tax rate stands at 2.11%, which is significantly higher than the national median property tax rate of 1.02%. This means homeowners in Shelocta are likely paying more in property taxes compared to many other parts of the country. The median property tax bill here is also likely higher than the national median of $2,400, reflecting the elevated rate.

Comparing Shelocta’s tax rate to other cities within Pennsylvania and to the national median provides valuable insights for property owners. Understanding these differences can be crucial for residents when planning their finances or considering property investments.

Property Tax Rates Across Shelocta, Indiana County, Pennsylvania

Source: Ownwell

1.33%

1.83%

2.32%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Shelocta Tax Rate

2.11%

Median Effective Indiana County Tax Rate

2.03%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Shelocta, Indiana County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
15774	2.11%	2.11%	2.11%	2.11%	2.11%

Source: Ownwell

Property Tax Assessment Values Across Shelocta, Indiana County, Pennsylvania

When examining property taxes in Shelocta, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Indiana County assessment office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Indiana County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Shelocta.

For example, the median home price in Shelocta is $124,350, with tax bills ranging significantly across the county. The zip code 15774 has the highest median home price at $124,350.

Property Tax Assessment Values Across Shelocta, Indiana County, Pennsylvania

Source: Ownwell

$26,300

$84,350

$142,400

Median Shelocta Market Value

$124,350

Median Indiana County Market Value

$98,600

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Shelocta, Indiana County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
15774	$26,450	$72,600	$124,350	$176,750	$256,540

Source: Ownwell

Property Tax Bills Across Shelocta, Indiana County, Pennsylvania

In Shelocta, Indiana County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as property location, size, and market conditions can influence the assessed value. With a median home price of $124,350, homeowners in Shelocta face property tax bills that can vary significantly. For instance, the tax bill at the 25th percentile is $1,619, while at the 75th percentile, it rises to $3,782. The highest median tax bill in the area is $2,690, which is above the national median of $2,400. This can place a significant financial burden on homeowners. Ownwell can assist homeowners by providing expert property tax appeal services, potentially reducing their tax bills. By analyzing property assessments and market trends, Ownwell identifies discrepancies and advocates for fair reassessments, helping homeowners save money and ensuring they are not overpaying on their property taxes.

Property Tax Bills Across Shelocta, Indiana County, Pennsylvania

Source: Ownwell

$576

$1,759

$2,942

Median Shelocta Tax Bill

$2,690

Median Indiana County Tax Bill

$2,051

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Shelocta, Indiana County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
15774	$721	$1,619	$2,690	$3,782	$5,634

Source: Ownwell