Saint Marys, Elk County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Saint Marys, Elk County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Saint Marys, PA effective property tax rate: 3.63%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Saint Marys, PA home value: $51,200
Median annual Saint Marys, PA tax bill: $1,856, $544 lower than the national median property tax bill of $2,400.

How are property taxes in Elk County calculated?

Property taxes in Saint Marys, 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 Saint Marys’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Saint Marys, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Saint Marys, Elk County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.63%

Estimate Property Tax Bill

$1,859

$1,725

Ownwell’s Saint Marys Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Saint Marys with just two data points. By entering your property's estimated assessed value, our calculator applies Saint Marys’ 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 Elk County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Saint Marys, Elk County, Pennsylvania

Local government entities determine tax rates, resulting in significant variations within a state. Annually, each county in Pennsylvania estimates its budget to provide essential services and divides this by the total value of all taxable property within its jurisdiction, leading to the property tax rate. This process, while involving votes and legal considerations, essentially boils down to this calculation. Saint Marys in Elk County has an effective property tax rate of 3.63%, notably higher than the national median of 1.02%. In comparison to other cities in Pennsylvania, Saint Marys stands out with this rate. The median property tax rate in Pennsylvania is 1.58%, which is lower than that of Saint Marys. Property owners in this area face a higher tax burden compared to the national average, which can impact decisions on property investment and ownership. Understanding these rates is crucial for property owners as they directly affect annual expenses and overall property affordability.

Property Tax Rates Across Saint Marys, Elk County, Pennsylvania

Source: Ownwell

2.48%

3.23%

3.98%

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 Saint Marys Tax Rate

3.63%

Median Effective Elk County Tax Rate

3.06%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Saint Marys, Elk County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
15857	3.63%	3.63%	3.63%	3.63%	3.63%

Source: Ownwell

Property Tax Assessment Values Across Saint Marys, Elk County, Pennsylvania

When examining property taxes in Saint Marys, 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 Elk 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 Elk County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Saint Marys. For example, the median home price in Saint Marys is $51,200, with tax bills ranging significantly across the county. 15857 has the highest median home price at $51,200.

Property Tax Assessment Values Across Saint Marys, Elk County, Pennsylvania

Source: Ownwell

$11,700

$31,450

$51,200

Median Saint Marys Market Value

$51,200

Median Elk County Market Value

$39,300

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Saint Marys, Elk County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
15857	$11,400	$38,000	$51,200	$69,000	$93,900

Source: Ownwell

Property Tax Bills Across Saint Marys, Elk County, Pennsylvania

In Saint Marys, PA, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the county and is often a percentage of the market value. In Elk County, the median property tax bill is $1,856, which is below the national median of $2,400. Factors like the home’s location, size, and condition can influence its assessed value, impacting the tax bill. Homeowners at the 25th percentile face a tax bill of approximately $1,376, while those at the 75th percentile pay around $2,502. This variation shows how different property characteristics can affect tax obligations. Ownwell steps in to assist homeowners by analyzing their property tax assessments and identifying potential savings. By appealing inaccurate assessments and securing exemptions, Ownwell can help reduce the financial burden on homeowners, ensuring they pay only their fair share. This service is crucial for homeowners looking to optimize their property tax expenses and potentially save significant amounts annually.

Property Tax Bills Across Saint Marys, Elk County, Pennsylvania

Source: Ownwell

$345

$1,101

$1,856

Median Saint Marys Tax Bill

$1,856

Median Elk County Tax Bill

$1,325

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Saint Marys, Elk County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
15857	$410	$1,376	$1,856	$2,502	$3,410

Source: Ownwell