Marietta, Pennsylvania Property Taxes
The median property tax rate in Marietta, PA is 2.51%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Marietta at $145,300, the typical annual property tax bill reaches $3,823, exceeding the national median of $2,690. Property taxes in Marietta 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 Marietta'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 Marietta 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
Marietta, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.51%
Estimate Property Tax Bill
$3,647
-$38,221
Ownwell’s Marietta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marietta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marietta 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 Marietta, Pennsylvania
Property taxes in Marietta, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marietta is 2.51%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Marietta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marietta 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 Marietta's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17547 zip code has the highest median property tax rate of 2.51%, while the 17547 zip code also has the lowest median tax rate of 2.51%. Understanding how these cities compare with Marietta provides valuable insights into the varying tax landscape across Lancaster County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Marietta Tax Rate
2.51%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marietta, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17547 | 2.51% | 2.51% | 2.51% | 2.89% | 2.89% |
Source: Ownwell
Property Tax Assessment Values Across Marietta, Pennsylvania
In Marietta, 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 Lancaster 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 Marietta, 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 Marietta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Marietta, both at $3,823, are found in zip code 17547.
Average Marietta Assessed Value
$145,300
Average Lancaster County Assessed Value
$177,300
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marietta, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17547 | $92,150 | $115,325 | $145,300 | $190,250 | $254,400 |
Source: Ownwell
Property Tax Bills Across Marietta, Pennsylvania
In Marietta, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the Lancaster County tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $145,300, homeowners can expect varying tax bills depending on the specific assessed value of their property. Factors such as property size, location, and improvements can influence the assessed value, leading to different tax obligations. In Marietta, the 25th percentile tax bill is around $3,075, while the 75th percentile tax bill can reach up to $4,886. At the 90th percentile, homeowners might see tax bills as high as $6,449. Comparatively, the national median property tax rate is 0.99%, making Marietta's property taxes relatively higher. This can significantly impact homeowners, making it crucial to understand how their property is assessed and to explore potential exemptions or appeals to manage their tax liabilities effectively.
Average Marietta Tax Bill
$3,823
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Marietta, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17547 | $2,598 | $3,075 | $3,823 | $4,886 | $6,449 |
Source: Ownwell