Catawissa, Montour County, Pennsylvania Property Taxes
The median property tax rate in Catawissa, PA is 1.64%, considerably higher than the national median of 0.99%, though lower than the Pennsylvania state median of 2.81%. With the median home value in Catawissa at $107,200, the typical annual property tax bill reaches $1,753, which is below the national median of $2,690. Property taxes in Catawissa are calculated based on the assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Catawissa'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 Catawissa 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
Catawissa, Montour County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.64%
Estimate Property Tax Bill
$1,758
$1,631
Ownwell’s Catawissa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Catawissa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Catawissa 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 Catawissa, Montour County, Pennsylvania
Property taxes in Catawissa, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Catawissa is 1.46%, which is higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Catawissa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Catawissa 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 Catawissa's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the highest median property tax rate in the area is also 1.46% in the same zip code of 17820, while the lowest is similarly 1.46%. Understanding how these cities compare with Catawissa provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Catawissa Tax Rate
1.64%
Average Montour County Tax Rate
1.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Catawissa, Montour County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17820 | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Catawissa, Montour County, Pennsylvania
In Catawissa, 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 Montour County Appraisal District 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 Catawissa, 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 Catawissa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Catawissa is $107,200, with the highest median tax bill being $1,753 in the zip code 17820.
Property Tax Assessment Values Across Catawissa, Montour County, Pennsylvania
Source: Ownwell
$86,100
$129,400
$172,700
Average Catawissa Assessed Value
$107,200
Average Montour County Assessed Value
$108,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Catawissa, Montour County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17820 | $49,340 | $67,500 | $107,200 | $166,000 | $268,060 |
Source: Ownwell
Property Tax Bills Across Catawissa, Montour County, Pennsylvania
In Catawissa, PA, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's size, location, and condition can influence its assessed value. For instance, the median home price in Catawissa stands at $107,200. Homeowners in Catawissa can expect their property tax bills to vary widely, with the 25th percentile tax bill around $1,104 and the 75th percentile tax bill reaching $2,715. The tax bill for the 90th percentile can soar to $4,384, reflecting the significant variation based on property values and assessments. Compared to the national median property tax rate of 0.99%, Catawissa's rates can have a substantial impact on homeowners, influencing their overall cost of living and financial planning. Understanding these factors is crucial for homeowners to manage their expenses effectively.
Average Catawissa Tax Bill
$1,753
Average Montour County Tax Bill
$2,126
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Catawissa, Montour County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17820 | $807 | $1,104 | $1,753 | $2,715 | $4,384 |
Source: Ownwell