Tidioute, Warren County, Pennsylvania Property Taxes
The median property tax rate in Tidioute, PA is 4.03%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $14,537 in Tidioute, the typical annual property tax bill reaches $565, which is lower than the national median of $2,690. Property taxes in Tidioute are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Tidioute's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Tidioute 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
Tidioute, Warren County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.03%
Estimate Property Tax Bill
$586
$544
Ownwell’s Tidioute Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tidioute with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tidioute 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 Tidioute, Warren County, Pennsylvania
Property taxes in Tidioute, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tidioute is 4.03%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Tidioute set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tidioute 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 Tidioute's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 16351 has both the highest and lowest median property tax rate of 4.03%. Understanding how these cities compare with Tidioute 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 Tidioute Tax Rate
4.03%
Average Warren County Tax Rate
3.99%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tidioute, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16351 | 3.11% | 4.03% | 4.03% | 4.20% | 4.38% |
Source: Ownwell
Property Tax Assessment Values Across Tidioute, Warren County, Pennsylvania
In Tidioute, 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 Tidioute, 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 Tidioute helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Tidioute is $14,537, with property tax bills ranging from $284 at the 25th percentile to $1,526 at the 90th percentile. The zip code 16351 has the highest and lowest median tax bill at $565.
Property Tax Assessment Values Across Tidioute, Warren County, Pennsylvania
Source: Ownwell
$14,537
$31,530
$48,523
Average Tidioute Assessed Value
$14,537
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 Tidioute, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16351 | $3,218 | $7,300 | $14,537 | $26,962 | $40,263 |
Source: Ownwell
Property Tax Bills Across Tidioute, Warren County, Pennsylvania
In Tidioute, located in Warren County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Tidioute, the median home price is $14,537, which is significantly lower than the national median. The property tax bills in Tidioute vary widely. At the 25th percentile, homeowners can expect to pay around $284 annually, while those at the 75th percentile see bills closer to $1,039. For the top 10% of properties, tax bills can reach up to $1,526. The highest and lowest median tax bills are both recorded at $565 in the zip code 16351, highlighting the relatively uniform tax rate across the area. These property tax bills can significantly impact homeowners, especially those on fixed incomes, as they represent a substantial portion of the overall cost of owning property in this region.
Average Tidioute Tax Bill
$565
Average Warren County Tax Bill
$1,260
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Tidioute, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16351 | $126 | $284 | $565 | $1,039 | $1,526 |
Source: Ownwell