North Warren, Pennsylvania Property Taxes
The median property tax rate in North Warren, PA is 3.46%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in North Warren at $38,806, the typical annual property tax bill reaches $1,372, surpassing the national median of $2,690. Property taxes in North Warren are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like those for primary residences and agricultural properties. Understanding North Warren'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 North Warren or another part of Warren County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
North Warren, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.46%
Estimate Property Tax Bill
$1,343
Ownwell’s NORTH WARREN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in NORTH WARREN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in NORTH WARREN 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 North Warren, Pennsylvania
Property taxes in North Warren, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Warren is 3.46%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within North Warren set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Warren 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 North Warren's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16365 ZIP code has the highest median property tax rate of 3.46%, while the same ZIP code also has the lowest median tax rate of 3.46%. Understanding how these cities compare with North Warren 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 North Warren Tax Rate
3.46%
Average Warren County Tax Rate
3.99%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Warren, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16365 | 2.98% | 3.21% | 3.46% | 3.57% | 4.32% |
Source: Ownwell
Property Tax Assessment Values Across North Warren, Pennsylvania
In North Warren, 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 North Warren, 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. The median home price in North Warren is $38,806, with tax bills ranging significantly. For instance, the 25th percentile tax bill is $931, while the 75th percentile tax bill is $1,570, and the 90th percentile tax bill is $1,783. The zip code 16365 has the highest and lowest median tax bill at $1,372. 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 North Warren helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across North Warren, Pennsylvania
Source: Ownwell
$14,537
$31,530
$48,523
Average North Warren Assessed Value
$38,806
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 North Warren, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16365 | $23,665 | $29,542 | $38,806 | $43,221 | $48,977 |
Source: Ownwell
Property Tax Bills Across North Warren, Pennsylvania
In North Warren, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in North Warren is $38,806, leading to varying tax bills depending on the property's assessed value and the specific tax rate applied. Homeowners in North Warren can expect their property tax bills to range significantly. For instance, those at the 25th percentile pay around $931 annually, while those at the 75th percentile see bills closer to $1,570. At the 90th percentile, tax bills can reach up to $1,783. These figures illustrate the impact of property taxes on homeowners, with those owning higher-valued properties shouldering a larger tax burden. Comparatively, the national median property tax rate is 0.99%, making North Warren's tax landscape an essential consideration for current and prospective homeowners.
Average North Warren Tax Bill
$1,372
Average Warren County Tax Bill
$1,260
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across North Warren, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16365 | $764 | $931 | $1,372 | $1,570 | $1,783 |
Source: Ownwell