Roseto, Pennsylvania Property Taxes
The median property tax rate in Roseto, PA is 4.01%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Roseto at $84,200, the typical annual property tax bill reaches $3,375, exceeding the national median of $2,690. Property taxes in Roseto 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 Roseto'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 Roseto 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
Roseto, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.01%
Estimate Property Tax Bill
$3,376
Ownwell’s Roseto Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roseto with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roseto 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 Roseto, Pennsylvania
Property taxes in Roseto, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Roseto is 4.01%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Roseto set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roseto 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 Roseto's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 18013 zip code has the highest median property tax rate of 4.01%, while the same zip code also has the lowest median tax rate of 4.01%. Understanding how these cities compare with Roseto provides valuable insights into the varying tax landscape across Northampton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Roseto Tax Rate
4.01%
Average Northampton County Tax Rate
3.95%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roseto, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18013 | 4.01% | 4.01% | 4.01% | 4.01% | 4.01% |
Source: Ownwell
Property Tax Assessment Values Across Roseto, Pennsylvania
In Roseto, 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 Northampton 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 Roseto, 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 Roseto helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 18013, both at $3,375.
Average Roseto Assessed Value
$84,200
Average Northampton County Assessed Value
$115,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roseto, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18013 | $67,480 | $76,100 | $84,200 | $99,950 | $114,660 |
Source: Ownwell
Property Tax Bills Across Roseto, Pennsylvania
In Roseto, Northampton County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the property's market value. Homeowners in Roseto experience varying tax bills, with the 25th percentile tax bill at $3,062 and the 75th percentile at $4,008. The 90th percentile tax bill can reach up to $4,596. Factors influencing these tax bills include the property's assessed value, local tax rates, and any applicable exemptions or deductions. The median home price in Roseto is $84,200, which, when combined with the local tax rate, contributes to the overall tax bill. Compared to the national median property tax rate of 0.99%, Roseto's tax bills can be relatively high, impacting homeowners by increasing their annual expenses. Understanding how these elements interact helps homeowners anticipate their property tax obligations and manage their finances accordingly.
Average Roseto Tax Bill
$3,375
Average Northampton County Tax Bill
$4,642
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Roseto, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18013 | $2,703 | $3,062 | $3,375 | $4,008 | $4,596 |
Source: Ownwell