Summit Station, Pennsylvania Property Taxes
The median property tax rate in Summit Station, PA is 2.96%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Summit Station at $81,150, the typical annual property tax bill reaches $2,402, which is below the national median of $2,690. Property taxes in Summit Station are calculated based on the tax assessed value, often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Summit Station'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 Summit Station 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
Summit Station, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.96%
Estimate Property Tax Bill
$2,402
Ownwell’s Summit Station Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Summit Station with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Summit Station 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 Summit Station, Pennsylvania
Property taxes in Summit Station, Pennsylvania, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Summit Station is 2.96%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Summit Station set these rates annually, and they can vary significantly across different neighborhoods. Each year, Summit Station 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 Summit Station's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17979 has the highest median property tax rate of 2.96%, while the same zip code also records the lowest median tax rate of 2.96%. Understanding how these cities compare with Summit Station 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 Summit Station Tax Rate
2.96%
Average Schuylkill County Tax Rate
3.41%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Summit Station, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17979 | 2.96% | 2.96% | 2.96% | 2.96% | 2.96% |
Source: Ownwell
Property Tax Assessment Values Across Summit Station, Pennsylvania
In Summit Station, 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 Summit Station, 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 Summit Station helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2402, found in zip code 17979, while the lowest is also $2402 in the same zip code.
Property Tax Assessment Values Across Summit Station, Pennsylvania
Source: Ownwell
$9,495
$82,393
$155,290
Average Summit Station Assessed Value
$81,150
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 Summit Station, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17979 | $35,882 | $52,455 | $81,150 | $99,675 | $124,500 |
Source: Ownwell
Property Tax Bills Across Summit Station, Pennsylvania
In Summit Station, Schuylkill County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $81,150, homeowners can expect varying tax bills depending on their property's assessed value and any applicable exemptions. Factors such as property size, location, and improvements can influence the assessed value. In Summit Station, the 25th percentile tax bill is around $1,553, while the 75th percentile reaches up to $2,951. The 90th percentile tax bill can be as high as $3,686. These figures highlight the range of property tax obligations homeowners might face, impacting their overall financial planning. Compared to the national median property tax rate of 0.99%, Summit Station's tax rates reflect the specific economic and administrative considerations of Schuylkill County.
Average Summit Station Tax Bill
$2,402
Average Schuylkill County Tax Bill
$1,680
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Summit Station, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17979 | $1,062 | $1,553 | $2,402 | $2,951 | $3,686 |
Source: Ownwell