Cranesville, Erie County, Pennsylvania Property Taxes

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

Median Cranesville, PA effective property tax rate: 2.07%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%. Median Cranesville, PA home value: $86,000. Median annual Cranesville, PA tax bill: $1,762, $638 lower than the national median property tax bill of $2,400.

How are property taxes in Erie County calculated?

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

Last Updated March 1, 2025

Cranesville, Erie County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.07%

Estimate Property Tax Bill

$1,780

$1,652

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

Property Tax Rates Across Cranesville, Erie County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. This is because 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. Cranesville, located in Erie County, Pennsylvania, has an effective property tax rate that is notably higher than the national median. The median property tax rate in Pennsylvania is 2.07%, which is significantly above the national median of 1.02%. This means that homeowners in Cranesville may face a higher property tax bill compared to other areas across the United States, where the national median property tax bill is $2,400. Understanding these rates is crucial for property owners who are looking to manage their expenses effectively. Comparing Cranesville’s effective property tax rate to other cities in Pennsylvania and the U.S. can provide valuable insights for those considering property tax appeals or exemptions.

Property Tax Rates Across Cranesville, Erie County, Pennsylvania

Source: Ownwell

1.82%

2.79%

3.76%

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 Cranesville Tax Rate

2.07%

Median Effective Erie County Tax Rate

2.59%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cranesville, Erie County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16410	1.82%	2.07%	2.07%	2.08%	2.08%

Source: Ownwell

Property Tax Assessment Values Across Cranesville, Erie County, Pennsylvania

When examining property taxes in Cranesville, 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.

In Erie 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 Cranesville. For example, the median home price in Cranesville is $86,000, with tax bills ranging significantly across the county. 16410 has the highest median home price at $86,000.

Property Tax Assessment Values Across Cranesville, Erie County, Pennsylvania

Source: Ownwell

$33,860

$103,725

$173,590

Median Cranesville Market Value

$86,000

Median Erie County Market Value

$98,900

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cranesville, Erie County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16410	$35,090	$66,835	$86,000	$116,590	$150,920

Source: Ownwell

Property Tax Bills Across Cranesville, Erie County, Pennsylvania

In Cranesville, located in Erie County, PA, property tax bills are determined by applying the local tax rate to the assessed value of a home. The median home price in Cranesville is $86,000, and the property tax rate is a critical factor in calculating the annual tax bill. Homeowners in the area can expect a median property tax bill of $1,762, which is lower than the national median property tax bill of $2,400. This suggests that, while the tax rate may be competitive, the assessed home values keep the bills relatively affordable.

Factors influencing tax bills include property size, location, and improvements. Homeowners in Cranesville face a range of tax bills, with the 25th percentile at $1,378 and the 90th percentile reaching $3,170. These variations can impact household budgets significantly. Ownwell can assist homeowners in reducing their property tax burdens by identifying potential savings through appeals and exemptions, ensuring they pay no more than necessary. By leveraging local expertise, Ownwell helps clients navigate the complexities of property tax systems.

Property Tax Bills Across Cranesville, Erie County, Pennsylvania

Source: Ownwell

$1,270

$2,881

$4,492

Median Cranesville Tax Bill

$1,762

Median Erie County Tax Bill

$2,898

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Cranesville, Erie County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16410	$739	$1,378	$1,762	$2,360	$3,170

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Erie Tax Assessor
Website	public.eriecountypa.gov