Clarendon, Warren County, Pennsylvania Property Taxes
The median property tax rate in Clarendon, PA is 3.93%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Clarendon, the typical annual property tax bill reaches $819, exceeding the national median of $2,690. Property taxes in Clarendon 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 Clarendon'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 Clarendon 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
Clarendon, Warren County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.93%
Estimate Property Tax Bill
$900
$835
Ownwell’s Clarendon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clarendon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarendon 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 Clarendon, Warren County, Pennsylvania
Property taxes in Clarendon, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarendon stands at 3.93%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Clarendon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clarendon 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 Clarendon's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 16313 has the highest median property tax rate of 3.93%, while the same zip code also has the lowest median tax rate of 3.93%. Understanding how these areas compare with Clarendon provides valuable insights into the varying tax landscape across Warren County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarendon Tax Rate
3.93%
Average Warren County Tax Rate
3.99%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarendon, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16313 | 2.80% | 3.26% | 3.93% | 4.07% | 4.28% |
Source: Ownwell
Property Tax Assessment Values Across Clarendon, Warren County, Pennsylvania
In Clarendon, 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 Warren 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 Clarendon, 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 Clarendon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Clarendon are both $819, found in the 16313 zip code.
Property Tax Assessment Values Across Clarendon, Warren County, Pennsylvania
Source: Ownwell
$14,537
$31,530
$48,523
Average Clarendon Assessed Value
$22,903
Average Warren County Assessed Value
$33,691
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarendon, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16313 | $5,798 | $10,208 | $22,903 | $37,232 | $52,071 |
Source: Ownwell
Property Tax Bills Across Clarendon, Warren County, Pennsylvania
In Clarendon, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Clarendon is $22,903, and the tax rate is applied to this assessed value to determine the annual tax bill. Various factors influence the tax bill, including the property's location, size, and any applicable exemptions or deductions. Homeowners in Clarendon face a range of property tax bills. At the 25th percentile, the tax bill is approximately $392, while at the 75th percentile, it rises to about $1,299. For those in the 90th percentile, the tax bill can reach up to $1,884. The highest and lowest median tax bills in the area are both recorded at $819 in the 16313 zip code. These property taxes fund essential public services such as schools, emergency services, and infrastructure. Compared to the national median property tax rate of 0.99%, Clarendon's property tax rates significantly impact homeowners, influencing their overall housing costs and financial planning.
Average Clarendon Tax Bill
$819
Average Warren County Tax Bill
$1,260
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarendon, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16313 | $221 | $392 | $819 | $1,299 | $1,884 |
Source: Ownwell