Edinburg, Pennsylvania Property Taxes
The median property tax rate in Edinburg, PA is 2.93%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Edinburg, the typical annual property tax bill reaches $1,887, exceeding the national median of $2,690. Property taxes in Edinburg 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 Edinburg'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 Edinburg or another part of Lawrence County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Edinburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.93%
Estimate Property Tax Bill
$1,817
Ownwell’s Edinburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Edinburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Edinburg 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 Edinburg, Pennsylvania
Property taxes in Edinburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Edinburg is 2.93%, which is significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Edinburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Edinburg 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 Edinburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16116 has the highest median property tax rate of 2.93%, while the same zip code also has the lowest median tax rate of 2.93%. Understanding how these cities compare with Edinburg provides valuable insights into the varying tax landscape across Lawrence County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Edinburg Tax Rate
2.93%
Average Lawrence County Tax Rate
2.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edinburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16116 | 2.91% | 2.93% | 2.93% | 2.93% | 2.98% |
Source: Ownwell
Property Tax Assessment Values Across Edinburg, Pennsylvania
In Edinburg, 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 Lawrence 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 Edinburg, 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 Edinburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Edinburg is $62,000, with tax bills ranging significantly. The 25th percentile tax bill is $768, while the 75th percentile reaches $2,931, and the 90th percentile peaks at $4,162. The highest and lowest median tax bills are both $1,887, located in zip code 16116.
Average Edinburg Assessed Value
$62,000
Average Lawrence County Assessed Value
$65,300
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Edinburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16116 | $3,620 | $19,500 | $62,000 | $98,750 | $143,300 |
Source: Ownwell
Property Tax Bills Across Edinburg, Pennsylvania
In Edinburg, Lawrence County, PA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Edinburg is $62,000, and the tax bill can vary significantly based on the home’s assessed value and the specific tax rate applied. For instance, homeowners at the 25th percentile can expect to pay around $768 annually, while those at the 75th percentile might see bills as high as $2,931. The 90th percentile tax bill can reach up to $4,162. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Edinburg's tax rates demonstrate the variability homeowners can experience. The highest and lowest median tax bills in Lawrence County are both recorded at $1,887 in the 16116 zip code, indicating a range of tax burdens within the area.
Average Edinburg Tax Bill
$1,887
Average Lawrence County Tax Bill
$2,023
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Edinburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16116 | $125 | $768 | $1,887 | $2,931 | $4,162 |
Source: Ownwell