New Paris, Bedford County, Pennsylvania Property Taxes

Name: Property Tax Bills Across New Paris, Bedford County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median New Paris, PA effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median New Paris, PA home value: $91,150
Median annual New Paris, PA tax bill: $1,169, $1,231 lower than the national median property tax bill of $2,400.

How are property taxes in Bedford calculated?

Property taxes in New Paris, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding New Paris’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Paris, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

New Paris, Bedford County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.33%

Estimate Property Tax Bill

$1,212

$1,125

Ownwell’s New Paris Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New Paris with just two data points. By entering your property's estimated assessed value, our calculator applies New Paris’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Bedford County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across New Paris, Bedford County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. New Paris in Bedford County, PA, offers an interesting perspective on property tax trends. The effective property tax rate here aligns with the highest and lowest median tax rates within its zip code, 15554, at 1.33%. This rate is notably higher than the national median property tax rate of 1.02%. Property owners in New Paris may find their property tax bills higher than the national median bill of $2,400, given the elevated rate. Comparing New Paris to other cities in Pennsylvania and the broader U.S. context highlights the importance of understanding local property tax dynamics.

Property Tax Rates Across New Paris, Bedford County, Pennsylvania

Source: Ownwell

1.28%

1.45%

1.61%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective New Paris Tax Rate

1.33%

Median Effective Bedford County Tax Rate

1.45%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across New Paris, Bedford County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
15554	1.33%	1.33%	1.33%	1.35%	1.38%

Source: Ownwell

Property Tax Assessment Values Across New Paris, Bedford County, Pennsylvania

When examining property taxes in New Paris, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bedford County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Bedford County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in New Paris. For example, the median home price in New Paris is $91,150, with tax bills ranging significantly across the county. 15554 has the highest median home price at $91,150.

Property Tax Assessment Values Across New Paris, Bedford County, Pennsylvania

Source: Ownwell

$30,100

$115,950

$201,800

Median New Paris Market Value

$91,150

Median Bedford County Market Value

$101,200

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across New Paris, Bedford County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
15554	$15,260	$45,325	$91,150	$146,575	$219,910

Source: Ownwell

Property Tax Bills Across New Paris, Bedford County, Pennsylvania

In New Paris, located in Bedford County, PA, property tax bills are determined by assessing the value of a property and applying the local tax rate. The median home price in New Paris is $91,150, which influences the amount homeowners are taxed. The property tax bill can vary significantly, with the 25th percentile at $601 and the 75th percentile reaching $1,867. The highest median tax bill in the area is $1,169, which aligns with the lowest, both found in zip code 15554. These figures show that while some homeowners face relatively low tax bills, others pay considerably higher amounts, impacting their financial planning. The national median property tax rate stands at 1.02%, with a median bill of $2,400, indicating that New Paris homeowners may pay lower taxes compared to the national average. Ownwell can assist homeowners in New Paris by identifying potential savings through property tax appeals and exemptions, ensuring they are not overpaying and maximizing their savings on property tax bills.

Property Tax Bills Across New Paris, Bedford County, Pennsylvania

Source: Ownwell

$466

$1,821

$3,175

Median New Paris Tax Bill

$1,169

Median Bedford County Tax Bill

$1,429

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across New Paris, Bedford County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
15554	$203	$601	$1,169	$1,867	$2,693

Source: Ownwell