Gilberton, Pennsylvania Property Taxes
The median property tax rate in Gilberton, PA is 4.45%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Gilberton at $9,495, the typical annual property tax bill reaches $424, which is significantly lower than the national median of $2,690. Property taxes in Gilberton 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 Gilberton'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 Gilberton 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
Gilberton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.45%
Estimate Property Tax Bill
$423
Ownwell’s Gilberton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gilberton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gilberton 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 Gilberton, Pennsylvania
Property taxes in Gilberton, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Gilberton is 4.45%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Gilberton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gilberton 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 Gilberton's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17934 has the highest median property tax rate of 4.45%, while the same zip code also has the lowest median tax rate of 4.45%. Understanding how these areas compare with Gilberton 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 Gilberton Tax Rate
4.45%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gilberton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17934 | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% |
Source: Ownwell
Property Tax Assessment Values Across Gilberton, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Gilberton, PA. 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 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 Gilberton, 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. For instance, the highest median tax bill in Gilberton is $424 in the 17934 zip code, which is also the lowest median tax bill. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Gilberton Assessed Value
$9,495
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 Gilberton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17934 | $5,180 | $7,482 | $9,495 | $12,764 | $23,146 |
Source: Ownwell
Property Tax Bills Across Gilberton, Pennsylvania
In Gilberton, Schuylkill County, PA, property tax bills are calculated based on the assessed value of a property. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. Homeowners in Gilberton can expect their tax bills to vary significantly depending on this assessed value. For instance, the tax bill at the 25th percentile is around $335, while those at the 75th percentile and 90th percentile are approximately $570 and $1036, respectively. The median home price in Gilberton is notably lower than the national median, which can result in relatively lower property tax bills. However, the local tax rate and the specific assessed value of a property are critical factors that influence the final tax amount. Homeowners should be aware that even minor changes in property assessments can impact their annual tax obligations. Understanding these factors can help homeowners better anticipate and manage their property tax bills.
Average Gilberton Tax Bill
$424
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Gilberton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17934 | $237 | $335 | $424 | $570 | $1,036 |
Source: Ownwell