Unityville, Pennsylvania Property Taxes
The median property tax rate in Unityville, PA is 2.26%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $84,475 in Unityville, the typical annual property tax bill amounts to $1,904, which is below the national median of $2,690. Property taxes in Unityville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Unityville'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 Unityville or another part of Lycoming County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Unityville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.26%
Estimate Property Tax Bill
$1,909
Ownwell’s Unityville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Unityville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Unityville 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 Unityville, Pennsylvania
Property taxes in Unityville, Pennsylvania, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Unityville is 2.26%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Unityville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Unityville 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 Unityville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17774 zip code has the highest median property tax rate of 2.26%, while the same zip code also has the lowest median tax rate of 2.26%. Understanding how these areas compare with Unityville provides valuable insights into the varying tax landscape across Lycoming County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Unityville Tax Rate
2.26%
Average Lycoming County Tax Rate
2.61%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Unityville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17774 | 2.26% | 2.26% | 2.26% | 2.26% | 2.26% |
Source: Ownwell
Property Tax Assessment Values Across Unityville, Pennsylvania
In Unityville, 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 Lycoming 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 Unityville, 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. For instance, the highest median tax bill in Unityville is $1,904, found in the zip code 17774. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Unityville Assessed Value
$84,475
Average Lycoming County Assessed Value
$87,660
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Unityville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17774 | $29,347 | $50,338 | $84,475 | $114,520 | $140,388 |
Source: Ownwell
Property Tax Bills Across Unityville, Pennsylvania
In Unityville, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, the median home price in Unityville is $84,475. Homeowners in this region can expect a tax bill ranging from $1,138 at the 25th percentile to $2,584 at the 75th percentile, with the 90th percentile reaching up to $3,173. These figures are influenced by various factors, including property size, location, and market conditions. Compared to the national median property tax rate of 0.99%, Unityville's property taxes can be seen as relatively high. This impacts homeowners by potentially increasing their annual expenses, making it crucial for them to understand their property’s assessed value and any available exemptions. The highest median tax bill in Unityville's zip code 17774 is $1,904, which underscores the importance of being informed about local tax rates and assessments.
Average Unityville Tax Bill
$1,904
Average Lycoming County Tax Bill
$2,556
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Unityville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17774 | $661 | $1,138 | $1,904 | $2,584 | $3,173 |
Source: Ownwell