Kelayres, Pennsylvania Property Taxes
The median property tax rate in Kelayres, PA is 3.14%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Kelayres at $43,700, the typical annual property tax bill reaches $1,373, exceeding the national median of $2,690. Property taxes in Kelayres 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 Kelayres' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Kelayres or another part of Schuylkill County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kelayres, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.14%
Estimate Property Tax Bill
$1,372
Ownwell’s Kelayres Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kelayres with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kelayres to provide an estimate of 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 Schuylkill County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Kelayres, Pennsylvania
Property taxes in Kelayres, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kelayres is 3.14%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Kelayres set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kelayres 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 Kelayres's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18231 zip code has the highest median property tax rate of 3.14%, while the 18231 zip code also has the lowest median tax rate of 3.14%. Understanding how these areas compare with Kelayres 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 Kelayres Tax Rate
3.14%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kelayres, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18231 | 3.14% | 3.14% | 3.14% | 3.14% | 3.14% |
Source: Ownwell
Property Tax Assessment Values Across Kelayres, Pennsylvania
In Kelayres, 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 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 Kelayres, 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. In Schuylkill County, the highest and lowest median tax bills are both found in the 18231 zip code, with a median tax bill of $1,373. Being aware of these valuation processes in Kelayres helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kelayres Assessed Value
$43,700
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 Kelayres, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18231 | $29,170 | $36,270 | $43,700 | $52,865 | $63,096 |
Source: Ownwell
Property Tax Bills Across Kelayres, Pennsylvania
In Kelayres, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate set by Schuylkill County. The assessed value is determined by the county and reflects a percentage of the market value of the property. For instance, with a median home price of $43,700, homeowners can expect varying tax bills depending on the assessed value and the specific tax rate applied. Factors such as property size, location, and improvements significantly influence the assessed value. In Kelayres, property tax bills can range widely. Homeowners at the 25th percentile face tax bills around $1,139, while those at the 75th percentile see bills closer to $1,660. At the 90th percentile, tax bills can reach up to $1,982. These figures are relatively high compared to the national median property tax rate of 0.99%, reflecting the local economic and property market conditions. High property taxes can impact homeowners by increasing annual expenses, making budget planning essential.
Average Kelayres Tax Bill
$1,373
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Kelayres, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18231 | $919 | $1,139 | $1,373 | $1,660 | $1,982 |
Source: Ownwell