Mahanoy Plane, Pennsylvania Property Taxes
The median property tax rate in Mahanoy Plane, 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 Mahanoy Plane, the typical annual property tax bill reaches $527, which is below the national median of $2,690. Property taxes in Mahanoy Plane 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 Mahanoy Plane'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 Mahanoy Plane 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
Mahanoy Plane, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.45%
Estimate Property Tax Bill
$527
Ownwell’s Mahanoy Plane Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Mahanoy Plane with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mahanoy Plane 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 Mahanoy Plane, Pennsylvania
Property taxes in Mahanoy Plane, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mahanoy Plane is 4.45%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mahanoy Plane set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mahanoy Plane 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 Mahanoy Plane's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17949 zip code 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 cities compare with Mahanoy Plane 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 Mahanoy Plane 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 Mahanoy Plane, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17949 | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% |
Source: Ownwell
Property Tax Assessment Values Across Mahanoy Plane, Pennsylvania
In Mahanoy Plane, 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 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 Mahanoy Plane, 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 Mahanoy Plane helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 17949 has both the highest and lowest median tax bill at $527.
Property Tax Assessment Values Across Mahanoy Plane, Pennsylvania
Source: Ownwell
$9,495
$82,393
$155,290
Average Mahanoy Plane Assessed Value
$11,850
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 Mahanoy Plane, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17949 | $7,436 | $9,690 | $11,850 | $15,650 | $25,043 |
Source: Ownwell
Property Tax Bills Across Mahanoy Plane, Pennsylvania
In Mahanoy Plane, located in 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 typically a percentage of the property's market value. Homeowners in this region face a range of property tax bills, with the 25th percentile at $431 and the 75th percentile at $696. The 90th percentile can reach up to $1,114. These figures illustrate the variability in tax bills, which can significantly impact homeowners' budgets. The median home price in Mahanoy Plane is $11,850, which is relatively low compared to national averages. Despite this, the median property tax bill stands at $527, which is above the national median property tax rate of 0.99%. This discrepancy highlights how local tax rates and assessed values can influence the overall tax burden on homeowners. Understanding these factors is crucial for homeowners to budget effectively and anticipate their annual property tax expenses.
Average Mahanoy Plane Tax Bill
$527
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mahanoy Plane, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17949 | $331 | $431 | $527 | $696 | $1,114 |
Source: Ownwell