Dallas, Pennsylvania Property Taxes
The median property tax rate in Dallas, PA is 5.54%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $60,270 in Dallas, the typical annual property tax bill reaches $3,340, surpassing the national median of $2,690. Property taxes in Dallas are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Dallas'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 Dallas 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
Dallas, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.54%
Estimate Property Tax Bill
$3,339
-$34,992
Ownwell’s Dallas Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dallas with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dallas 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 Dallas, Pennsylvania
Property taxes in Dallas, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dallas is 5.54%, significantly higher than the U.S. national median of 0.99%. Local government entities within Dallas set these rates annually, and they can vary across different neighborhoods. Each year, Dallas 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 Dallas's effective property tax rate to other areas and the national median. For comparison, the zip code 18612 has both the highest and lowest median property tax rate of 5.54%. Understanding how these figures compare with Dallas provides valuable insights into the varying tax landscape across Wyoming County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dallas Tax Rate
5.54%
Average Wyoming County Tax Rate
5.74%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dallas, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18612 | 5.54% | 5.54% | 5.54% | 5.54% | 5.54% |
Source: Ownwell
Property Tax Assessment Values Across Dallas, Pennsylvania
In Dallas, 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 Wyoming 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 Dallas, 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 Dallas is $60,270, with tax bills ranging from $2,637 at the 25th percentile to $6,138 at the 90th percentile. The zip code with the highest and lowest median tax bill is 18612, both at $3,340. 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 Dallas helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dallas Assessed Value
$60,270
Average Wyoming County Assessed Value
$49,130
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dallas, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18612 | $34,340 | $47,575 | $60,270 | $69,718 | $110,753 |
Source: Ownwell
Property Tax Bills Across Dallas, Pennsylvania
In Dallas, Wyoming County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Dallas is $60,270, and the property tax rate is crucial in determining the final tax amount. Several factors influence the tax bill, including the home's location, size, and any improvements made to the property. For instance, the 25th percentile tax bill is $2,637, while the 75th percentile is $3,906, and the 90th percentile reaches up to $6,138. This variation demonstrates how different property characteristics can significantly impact the tax burden on homeowners. Compared to the national median property tax rate of 0.99%, homeowners in Dallas experience a higher tax rate, which can affect their overall financial planning and housing affordability. Understanding these factors is essential for homeowners to manage their expenses effectively.
Average Dallas Tax Bill
$3,340
Average Wyoming County Tax Bill
$2,930
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Dallas, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18612 | $1,903 | $2,637 | $3,340 | $3,906 | $6,138 |
Source: Ownwell