Beaver Springs, Pennsylvania Property Taxes
The median property tax rate in Beaver Springs, PA is 2.51%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Beaver Springs, the typical annual property tax bill reaches $429, which is significantly lower than the national median of $2,690. Property taxes in Beaver Springs are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Beaver Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Beaver Springs or another part of Snyder County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Beaver Springs, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.51%
Estimate Property Tax Bill
$399
Ownwell’s Beaver Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beaver Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beaver Springs 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 Beaver Springs, Pennsylvania
Property taxes in Beaver Springs, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beaver Springs is 1.46%, higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Beaver Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beaver Springs 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 Beaver Springs' effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17812 zip code has the highest median property tax rate of 1.46%, while the same zip code also has the lowest median tax rate of 1.46%. Understanding how these cities compare with Beaver Springs provides valuable insights into the varying tax landscape across Snyder County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beaver Springs Tax Rate
2.51%
Average Snyder County Tax Rate
2.51%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beaver Springs, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17812 | 2.51% | 2.51% | 2.51% | 2.90% | 3.16% |
Source: Ownwell
Property Tax Assessment Values Across Beaver Springs, Pennsylvania
In Beaver Springs, 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 Snyder 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 Beaver Springs, 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 example, the highest median tax bill in Beaver Springs is $429 in the 17812 zip code, while the lowest median tax bill is also $429 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Beaver Springs, Pennsylvania
Source: Ownwell
$7,910
$17,100
$26,290
Average Beaver Springs Assessed Value
$15,885
Average Snyder County Assessed Value
$20,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beaver Springs, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17812 | $6,655 | $9,865 | $15,885 | $23,585 | $30,345 |
Source: Ownwell
Property Tax Bills Across Beaver Springs, Pennsylvania
In Beaver Springs, located in Snyder County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by county assessors who evaluate the property's market value. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. For homeowners in Beaver Springs, the median home price is $15,885, which translates to varying tax bills. The 25th percentile tax bill is around $287, while the 75th percentile reaches $614, and the 90th percentile can go up to $781. This means that homeowners with properties valued in the higher range pay significantly more in taxes. The highest and lowest median tax bills in the area both stand at $429, indicating a relatively narrow range of tax liabilities compared to other regions. These property taxes impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making them an essential aspect of community funding.
Average Beaver Springs Tax Bill
$429
Average Snyder County Tax Bill
$582
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Beaver Springs, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17812 | $185 | $287 | $429 | $614 | $781 |
Source: Ownwell