Winfield, Union County, Pennsylvania Property Taxes
The median property tax rate in Winfield, PA is 2.01%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Winfield at $191,850, the typical annual property tax bill reaches $3,134, exceeding the national median of $2,690. Property taxes in Winfield 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 Winfield'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 Winfield 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
Winfield, Union County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.01%
Estimate Property Tax Bill
$3,856
$3,578
Ownwell’s Winfield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Winfield with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Winfield 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 Winfield, Union County, Pennsylvania
Property taxes in Winfield, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Winfield is 2.01%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Winfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, Winfield 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 Winfield's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17889 zip code has the highest median property tax rate of 2.01%, while the same zip code also has the lowest median tax rate of 2.01%. Understanding how these areas compare with Winfield provides valuable insights into the varying tax landscape across Union County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Winfield Tax Rate
2.01%
Average Union County Tax Rate
2.00%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Winfield, Union County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17889 | 1.08% | 1.37% | 2.01% | 2.44% | 2.44% |
Source: Ownwell
Property Tax Assessment Values Across Winfield, Union County, Pennsylvania
In Winfield, 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 Union County Appraisal District 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 Winfield, 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 instance, the zip code 17889 has the highest median tax bill at $3,134, while the lowest median tax bill is also $3,134 in the same zip code. Being aware of these valuation processes in Winfield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Winfield, Union County, Pennsylvania
Source: Ownwell
$5,000
$112,450
$219,900
Average Winfield Assessed Value
$191,850
Average Union County Assessed Value
$93,150
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Winfield, Union County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17889 | $27,390 | $96,450 | $191,850 | $317,075 | $461,740 |
Source: Ownwell
Property Tax Bills Across Winfield, Union County, Pennsylvania
In Winfield, property tax bills are calculated based on the assessed value of a property, which is determined by the Union County Assessor. The assessed value is a percentage of the property's market value, and this value is then multiplied by the local tax rate to determine the tax bill. Various factors influence the assessed value, including the property's location, size, and condition. For homeowners in Winfield, the median home price stands at $191,850, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $2,010, while the 75th percentile reaches $4,685, and the 90th percentile soars to $7,843. These figures illustrate how property taxes can have a substantial impact on household finances. Compared to the national median property tax rate of 0.99%, Winfield's property tax bills reflect the nuances of local property values and tax rates. Homeowners should be aware of these factors as they can significantly affect annual expenses and long-term financial planning.
Average Winfield Tax Bill
$3,134
Average Union County Tax Bill
$1,656
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Winfield, Union County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17889 | $668 | $2,010 | $3,134 | $4,685 | $7,843 |
Source: Ownwell