Port Trevorton, Pennsylvania Property Taxes
The median property tax rate in Port Trevorton, PA is 2.63%, which is considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Port Trevorton at $18,950, the typical annual property tax bill reaches $502, exceeding the national median of $2,690. Property taxes in Port Trevorton 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 Port Trevorton'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 Port Trevorton 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
Port Trevorton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.63%
Estimate Property Tax Bill
$498
Ownwell’s Port Trevorton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Port Trevorton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Port Trevorton 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 Port Trevorton, Pennsylvania
Property taxes in Port Trevorton, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Port Trevorton is 2.63%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Port Trevorton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Port Trevorton 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 Port Trevorton's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17864 has both the highest and lowest median property tax rate of 2.63%. Understanding how these cities compare with Port Trevorton 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 Port Trevorton Tax Rate
2.63%
Average Snyder County Tax Rate
2.51%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Port Trevorton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17864 | 2.63% | 2.63% | 2.63% | 2.63% | 2.78% |
Source: Ownwell
Property Tax Assessment Values Across Port Trevorton, Pennsylvania
In Port Trevorton, 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 Port Trevorton, 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 Port Trevorton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the median home price in Port Trevorton is $18,950, with tax bills ranging from $279 at the 25th percentile to $967 at the 90th percentile. The zip code 17864 has both the highest and lowest median tax bill at $502.
Property Tax Assessment Values Across Port Trevorton, Pennsylvania
Source: Ownwell
$7,910
$17,100
$26,290
Average Port Trevorton Assessed Value
$18,950
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 Port Trevorton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17864 | $5,966 | $10,168 | $18,950 | $27,882 | $35,879 |
Source: Ownwell
Property Tax Bills Across Port Trevorton, Pennsylvania
In Port Trevorton, located in Snyder County, PA, property tax bills are determined based on the assessed value of a home. The median home price in this area is $18,950. Property taxes are calculated by multiplying the assessed value by the local tax rate. Homeowners in Port Trevorton can expect their tax bills to vary significantly, with the 25th percentile tax bill at $279 and the 75th percentile at $737. For those at the 90th percentile, the tax bill rises to $967. The highest and lowest median tax bill in the area is recorded at $502, which is considerably lower than the national median property tax rate of 0.99%. These tax bills can impact homeowners by influencing their overall housing costs and affordability. Understanding how property tax bills are calculated helps homeowners in Port Trevorton plan their finances more effectively and ensures they are prepared for their annual tax obligations.
Average Port Trevorton Tax Bill
$502
Average Snyder County Tax Bill
$582
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Port Trevorton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17864 | $172 | $279 | $502 | $737 | $967 |
Source: Ownwell