Property Taxes in Wallaceton, Pennsylvania
Median Wallaceton, Pennsylvania effective property tax rate: 2.34%, significantly lower than the national median of 1.02%, and lower than the Pennsylvania state median of 2.75%.
Median Wallaceton, Pennsylvania home value: $48,400
Median annual Wallaceton, Pennsylvania tax bill: $1,126, lower than the national median property tax bill of $2,400.
How are property taxes in Clearfield calculated?
Property taxes in Wallaceton, Pennsylvania 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 Wallaceton's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wallaceton, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Wallaceton Property Tax Calculator Work?
Use this Wallaceton property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Wallaceton's median effective tax rate of 2.34% — based on actual property records in Clearfield County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Wallaceton's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Wallaceton: rates range from 2.34% in 16876 to 2.34% in 16876, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Wallaceton.
About Wallaceton Property Taxes
About Property Taxes in Wallaceton, Clearfield, Pennsylvania
Wallaceton’s median effective property tax rate of 2.34% is lower than the Pennsylvania state median of 2.75% and higher than the national median of 1.02%. This rate reflects the Clearfield County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Wallaceton. Homeowners in the 16876 ZIP code carry a median effective rate of 2.34%, while those in the same ZIP code pay 2.34%. This spread reflects how school district boundaries and local assessment districts are drawn across Clearfield County. Understanding which part of Wallaceton you live in can make a meaningful difference to your annual tax bill.
Wallaceton homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the September 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Wallaceton, Clearfield County, Pennsylvania
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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.
Below, you can compare Wallaceton's effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
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 Wallaceton Tax Rate
2.34%
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 Clearfield County Tax Rate
1.82%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Wallaceton, Clearfield County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16876 | 2.34% | 2.34% | 2.34% | 2.34% | 2.34% |
Source: Ownwell
Property Tax Assessment Values Across Wallaceton, Clearfield County, Pennsylvania
When examining property taxes in Wallaceton, Pennsylvania, 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 Clearfield 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.
Assessment notices in Clearfield County are sent in the spring each year and typically reach your mailbox by the middle of the month. 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.
For example, the median home price in Wallaceton is $48,400, with a median tax bill of $1,126. That is below the national median property tax bill of $2,400. The highest median home price is in 16876 at $48,400.
Property Tax Assessment Values Across Wallaceton, Clearfield County, Pennsylvania
Source: Ownwell
$34,000
$71,100
$108,200
Median Wallaceton Market Value
$48,400
Median Clearfield County Market Value
$68,800
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$274,101
Property Tax Assessment Values Across Wallaceton, Clearfield County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16876 | $22,040 | $35,000 | $48,400 | $74,800 | $110,440 |
Source: Ownwell
Property Tax Bills Across Wallaceton, Clearfield County, Pennsylvania
Property tax bills in Wallaceton are based on the assessed value of a home, not its market price. Local taxing authorities apply their tax rates to that assessed value to determine the annual bill, so changes in assessment can directly affect what a homeowner owes. For a home with a median home price of $48,400, the bill can vary widely depending on location, exemptions, and local levies.
In Wallaceton, the 25th percentile tax bill is $818, while the 75th percentile is $1,748 and the 90th percentile reaches $2,526. The median tax bill is $1,126, which is below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. That means many homeowners in Wallaceton pay less than the typical U.S. homeowner, but higher assessments or fewer exemptions can still raise the bill. Understanding how the assessment is set is important because it affects monthly budgeting, escrow payments, and long-term housing costs.
Property Tax Bills Across Wallaceton, Clearfield County, Pennsylvania
Source: Ownwell
$556
$1,229
$1,901
Median Wallaceton Tax Bill
$1,126
Median Clearfield County Tax Bill
$1,269
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Wallaceton, Clearfield County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16876 | $515 | $818 | $1,126 | $1,748 | $2,526 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 1 |
Links | |
|---|---|
| Clearfield Tax Assessor | |
| Website | clearfieldco.org |