Brodheadsville, Pennsylvania Property Taxes
The median property tax rate in Brodheadsville, PA is 0.59%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $165,075, the typical annual property tax bill in Brodheadsville is around $991, which is well below the national median of $2,690. Property taxes here are calculated based on the assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Brodheadsville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Brodheadsville or another part of Monroe County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brodheadsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$974
Ownwell’s Brodheadsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brodheadsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brodheadsville 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 Monroe County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Brodheadsville, Pennsylvania
Property taxes in Brodheadsville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brodheadsville is 0.59%, which is lower than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Brodheadsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brodheadsville 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 Brodheadsville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18322 has the highest median property tax rate of 0.59%, while the lowest median tax rate is also 0.59% in the same zip code. Understanding how these cities compare with Brodheadsville provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brodheadsville Tax Rate
0.59%
Average Monroe County Tax Rate
0.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brodheadsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18322 | 0.58% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Brodheadsville, Pennsylvania
In Brodheadsville, 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 Monroe 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. Assessment notices in Brodheadsville 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 Brodheadsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $991, found in the 18322 zip code.
Property Tax Assessment Values Across Brodheadsville, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Average Brodheadsville Assessed Value
$165,075
Average Monroe County Assessed Value
$134,550
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brodheadsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18322 | $111,575 | $137,370 | $165,075 | $201,368 | $242,523 |
Source: Ownwell
Property Tax Bills Across Brodheadsville, Pennsylvania
Property tax bills in Brodheadsville, Monroe County, PA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and represents a percentage of the market value of the home. Homeowners in Brodheadsville face a median home price of $165,075. The tax rate applied to this assessed value determines the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For example, the 25th percentile of tax bills in Brodheadsville is $811, while the 75th percentile reaches $1237, and the 90th percentile goes up to $1638. These variations reflect differences in property values and assessment accuracy. Compared to the national median property tax rate of 0.99%, homeowners in Brodheadsville may find their tax bills relatively manageable, though individual circumstances vary. Understanding these factors helps homeowners anticipate their property tax obligations and budget accordingly.
Average Brodheadsville Tax Bill
$991
Average Monroe County Tax Bill
$814
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Brodheadsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18322 | $665 | $811 | $991 | $1,237 | $1,638 |
Source: Ownwell