Oneida, Pennsylvania Property Taxes
The median property tax rate in Oneida, PA is 2.72%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Oneida, the typical annual property tax bill reaches $746, which is lower than the national median of $2,690. Property taxes in Oneida 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 Oneida'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 Oneida 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
Oneida, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.72%
Estimate Property Tax Bill
$745
Ownwell’s Oneida Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Oneida with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Oneida 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 Oneida, Pennsylvania
Property taxes in Oneida, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oneida is 2.72%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Oneida set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oneida 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 Oneida's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18242 zip code has both the highest and lowest median property tax rate of 2.72%. Understanding how these areas compare with Oneida 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 Oneida Tax Rate
2.72%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oneida, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18242 | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% |
Source: Ownwell
Property Tax Assessment Values Across Oneida, Pennsylvania
In Oneida, 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 Oneida, 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 median home price in Oneida is $27,385, and the property tax bill can vary significantly. The 25th percentile tax bill is $608, while the 75th percentile tax bill is $922, and the 90th percentile tax bill is $1217. The highest median tax bill in the area is $746, found in the 18242 zip code. 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 Oneida Assessed Value
$27,385
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 Oneida, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18242 | $18,420 | $22,322 | $27,385 | $33,880 | $44,711 |
Source: Ownwell
Property Tax Bills Across Oneida, Pennsylvania
In Oneida, property tax bills are calculated based on the assessed value of a property, which is determined by the Schuylkill County tax assessor. The assessed value is a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. Homeowners in Oneida face varying tax bills, with the 25th percentile paying around $608 and the 75th percentile facing a tax bill of approximately $922. At the higher end, the 90th percentile sees tax bills reaching up to $1217. The median home price in Oneida is $27,385, which is significantly lower than the national median, making the property taxes relatively affordable compared to other regions. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. Homeowners must consider these taxes as part of their annual budget, as they can significantly impact overall housing costs.
Average Oneida Tax Bill
$746
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Oneida, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18242 | $502 | $608 | $746 | $922 | $1,217 |
Source: Ownwell