Jenners, Pennsylvania Property Taxes
The median property tax rate in Jenners, PA is 2.69%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Jenners at $32,500, the typical annual property tax bill reaches $873, which is below the national median of $2,690. Property taxes in Jenners are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Jenners' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Jenners or another part of Somerset County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jenners, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.69%
Estimate Property Tax Bill
$874
Ownwell’s Jenners Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jenners with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jenners 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 Jenners, Pennsylvania
Property taxes in Jenners, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jenners is 2.69%, significantly higher than the U.S. national median of 0.99%. Local government entities within Jenners set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jenners 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. Understanding how Jenners' effective property tax rate compares to other areas in Somerset County and the national median helps homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jenners Tax Rate
2.69%
Average Somerset County Tax Rate
2.69%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jenners, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15546 | 2.69% | 2.69% | 2.69% | 2.69% | 2.69% |
Source: Ownwell
Property Tax Assessment Values Across Jenners, Pennsylvania
In Jenners, 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 Somerset 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. 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 Jenners helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Jenners is $873, both found in zip code 15546.
Average Jenners Assessed Value
$32,500
Average Somerset County Assessed Value
$50,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jenners, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15546 | $10,968 | $21,505 | $32,500 | $39,650 | $55,458 |
Source: Ownwell
Property Tax Bills Across Jenners, Pennsylvania
In Jenners, Somerset County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Jenners, the median home price is $32,500, which provides a baseline for tax calculations. Several factors influence the final tax bill, including the specific tax rate set by local authorities and any applicable exemptions or deductions. In this region, the tax bills vary significantly, with the 25th percentile at $578 and the 75th percentile at $1065, indicating a range of tax burdens among homeowners. The 90th percentile tax bill reaches up to $1490, showing that higher-valued properties or those without exemptions can face a steeper tax burden. Comparatively, the median property tax bill in Jenners stands at $873.00, which is below the national median property tax rate of 0.99%. This relatively lower tax burden can make homeownership more affordable for residents in this area.
Average Jenners Tax Bill
$873
Average Somerset County Tax Bill
$1,299
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Jenners, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15546 | $295 | $578 | $873 | $1,065 | $1,490 |
Source: Ownwell