Mill Village, Erie County, Pennsylvania Property Taxes

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

Median Mill Village, PA effective property tax rate: 2.04%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Mill Village, PA home value: $81,250
Median annual Mill Village, PA tax bill: $1,655, $745 lower than the national median property tax bill of $2,400.

How are property taxes in Erie calculated?

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

Last Updated March 1, 2025

Mill Village, Erie County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.2%

Estimate Property Tax Bill

$1,820

$1,689

Ownwell’s Mill Village Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mill Village with just two data points. By entering your property's estimated assessed value, our calculator applies Mill Village’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Erie 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 Mill Village, Erie County, Pennsylvania

Local government entities set property tax rates, which can vary significantly within a state. This is because each county annually estimates its budgetary needs to provide essential services and divides that by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process. In Mill Village, Erie County, Pennsylvania, the effective property tax rate stands out compared to other cities in the state. The median property tax rate in Mill Village is 2.04%, which is significantly higher than the national median of 1.02%. This means that residents in Mill Village pay a higher percentage of their property's assessed value in taxes compared to the national average. Understanding these rates can help property owners anticipate their tax liabilities and explore potential savings through appeals or exemptions.

Property Tax Rates Across Mill Village, Erie County, Pennsylvania

Source: Ownwell

2.03%

2.99%

3.95%

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 Mill Village Tax Rate

2.20%

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 Mill Village, Erie County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16427	2.20%	2.20%	2.20%	2.20%	2.20%

Source: Ownwell

Property Tax Assessment Values Across Mill Village, Erie County, Pennsylvania

When examining property taxes in Mill Village, 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 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 Erie 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 Mill Village. For example, the median home price in Mill Village is $81,250, with tax bills ranging significantly across the county. ZIP code 16427 has the highest median home price at $81,250.

Property Tax Assessment Values Across Mill Village, Erie County, Pennsylvania

Source: Ownwell

$33,910

$104,138

$174,365

Median Mill Village Market Value

$82,745

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 Mill Village, Erie County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16427	$7,900	$50,772	$82,745	$98,538	$120,045

Source: Ownwell

Property Tax Bills Across Mill Village, Erie County, Pennsylvania

In Mill Village, Erie County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $81,250, homeowners might expect a tax bill near the 75th percentile, around $2,011, which is significantly higher than the national median property tax bill of $2,400. Factors such as home improvements, neighborhood changes, and market conditions can affect the assessed value, potentially increasing a homeowner's tax burden.

Ownwell can assist homeowners in Mill Village by reviewing their property assessments to identify potential inaccuracies or overvaluations. By filing appeals on behalf of homeowners, Ownwell aims to ensure that taxes are fair and reflect the true market value of the property. This service can result in significant savings, reducing the financial strain of high property taxes, and providing peace of mind to homeowners.

Property Tax Bills Across Mill Village, Erie County, Pennsylvania

Source: Ownwell

$1,341

$3,101

$4,861

Median Mill Village Tax Bill

$1,824

Median Erie County Tax Bill

$3,131

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Mill Village, Erie County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16427	$174	$1,119	$1,824	$2,172	$2,646

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Erie Tax Assessor
Website	public.eriecountypa.gov