Corry, Erie County, Pennsylvania Property Taxes
Median Corry, PA effective property tax rate: 3.17%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Corry, PA home value: $64,725
Median annual Corry, PA tax bill: $1,888, $512 lower than the national median property tax bill of $2,400.
How are property taxes in Erie County calculated?
Property taxes in Corry, 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 Corry’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Corry, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Corry, Erie County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.27%
Estimate Property Tax Bill
$2,131
$1,978
Ownwell’s Corry Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Corry with just two data points. By entering your property's estimated assessed value, our calculator applies Corry’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 Erie County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Corry, Erie County, Pennsylvania
Local government entities set tax rates, which can vary widely within a state. This variation is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
Corry in Erie County, Pennsylvania, showcases a unique case where the effective property tax rate stands at 3.17%. This rate is significantly higher than the national median property tax rate of 1.02%. When compared to the median property tax rates in Pennsylvania and across the U.S., Corry's rate is notably elevated. This could mean substantially higher property tax bills for homeowners in Corry, as opposed to those in other regions with lower rates.
Understanding how your property tax rate compares can provide valuable insights into your financial planning and potential savings on property taxes.
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 Corry Tax Rate
3.27%
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 Erie County Tax Rate
2.79%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Corry, Erie County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16407 | 2.26% | 2.36% | 3.27% | 3.27% | 3.27% |
Source: Ownwell
Property Tax Assessment Values Across Corry, Erie County, Pennsylvania
When examining property taxes in Corry, 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 Erie County assessment office 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: Erie County sends assessment notices 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 Corry. For example, the median home price in Corry is $64,725, with tax bills ranging significantly across the county. 16407 has the highest median home price at $64,725.
Property Tax Assessment Values Across Corry, Erie County, Pennsylvania
Source: Ownwell
$33,910
$104,138
$174,365
Median Corry Market Value
$65,180
Median Erie County Market Value
$99,200
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Corry, Erie County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16407 | $18,680 | $46,370 | $65,180 | $88,310 | $121,640 |
Source: Ownwell
Property Tax Bills Across Corry, Erie County, Pennsylvania
Median Corry Tax Bill
$1,970
Median Erie County Tax Bill
$3,131
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Corry, Erie County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16407 | $656 | $1,422 | $1,970 | $2,590 | $3,520 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Erie Tax Assessor | |
| Website | public.eriecountypa.gov |