Bushkill, Pennsylvania Property Taxes
The median property tax rate in Bushkill, PA is 3.98%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bushkill at $106,070, the typical annual property tax bill reaches $4,216, far exceeding the national median of $2,690. Property taxes in Bushkill are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bushkill'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 Bushkill or another part of Pike County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bushkill, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.98%
Estimate Property Tax Bill
$4,222
Ownwell’s Bushkill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bushkill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bushkill 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 Bushkill, Pennsylvania
Property taxes in Bushkill, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bushkill is 3.98%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Bushkill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bushkill 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 Bushkill's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18324 zip code has the highest median property tax rate of 3.98%, while the same zip code also has the lowest median tax rate of 3.98%. Understanding how these cities compare with Bushkill provides valuable insights into the varying tax landscape across Pike County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bushkill Tax Rate
3.98%
Average Pike County Tax Rate
3.72%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bushkill, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18324 | 3.98% | 3.98% | 3.98% | 3.98% | 3.98% |
Source: Ownwell
Property Tax Assessment Values Across Bushkill, Pennsylvania
In Bushkill, PA, 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 Pike 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 Bushkill, 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. The median home price in Bushkill stands at $106,070, with tax bills ranging from $3,445 at the 25th percentile to $5,995 at the 90th percentile. The zip code 18324 holds both the highest and lowest median tax bills at $4,216. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bushkill Assessed Value
$106,070
Average Pike County Assessed Value
$106,483
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bushkill, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18324 | $70,242 | $86,680 | $106,070 | $127,591 | $150,780 |
Source: Ownwell
Property Tax Bills Across Bushkill, Pennsylvania
Property tax bills in Bushkill, Pike County, PA, are calculated based on the assessed value of a property, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Bushkill, the median home price is $106,070, and the property tax rate reflects a significant impact on homeowners. For instance, the tax bill at the 25th percentile is $3,445, while at the 75th percentile, it rises to $5,074. At the 90th percentile, homeowners could face a tax bill as high as $5,995. These figures are notably higher than the national median property tax rate of 0.99%, indicating that property taxes in Bushkill can be a substantial financial consideration for residents. The highest and lowest median tax bills in the area are both $4,216, within the 18324 zip code, suggesting a relatively uniform tax rate across different property values. Homeowners must therefore budget carefully to accommodate these taxes, which can significantly affect their overall financial planning.
Average Bushkill Tax Bill
$4,216
Average Pike County Tax Bill
$3,676
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bushkill, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18324 | $2,790 | $3,445 | $4,216 | $5,074 | $5,995 |
Source: Ownwell