Brockton, Pennsylvania Property Taxes
The median property tax rate in Brockton, PA is 3.37%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Brockton, the typical annual property tax bill reaches $1,484, exceeding the national median of $2,690. Property taxes in Brockton 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 Brockton'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 Brockton 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
Brockton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.37%
Estimate Property Tax Bill
$1,485
Ownwell’s Brockton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brockton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brockton 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 Brockton, Pennsylvania
Property taxes in Brockton, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Brockton is 3.37%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Brockton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brockton 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. For comparison, the zip code 17925 has both the highest and lowest median property tax rate of 3.37%. Understanding how these areas compare with Brockton provides valuable insights into the varying tax landscape across Schuylkill County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brockton Tax Rate
3.37%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brockton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17925 | 3.37% | 3.37% | 3.37% | 3.37% | 3.37% |
Source: Ownwell
Property Tax Assessment Values Across Brockton, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Brockton, Pennsylvania. 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 Schuylkill 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 Brockton, 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 Brockton is $1,484 in the 17925 zip code, which aligns with the lowest median tax bill in the same zip code, indicating a uniform tax burden in this area. 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 Brockton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brockton Assessed Value
$44,065
Average Schuylkill County Assessed Value
$47,370
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brockton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17925 | $21,899 | $29,910 | $44,065 | $73,014 | $97,990 |
Source: Ownwell
Property Tax Bills Across Brockton, Pennsylvania
In Brockton, Schuylkill County, PA, property tax bills 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 is a percentage of the market value of the home. For instance, if the median home price in Brockton is $44,065, the assessed value would be a portion of this amount. The tax rate is applied to the assessed value to determine the annual tax bill. Homeowners in Brockton can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $1,008, while the 75th percentile tax bill is approximately $2,460. At the higher end, the 90th percentile tax bill reaches up to $3,247. These figures highlight the potential range of property tax liabilities, which can impact household budgets considerably. Compared to the national median property tax rate of 0.99%, Brockton's tax bills reflect the local economic conditions and property values, affecting how much homeowners will need to allocate for property taxes annually.
Average Brockton Tax Bill
$1,484
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Brockton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17925 | $738 | $1,008 | $1,484 | $2,460 | $3,247 |
Source: Ownwell