East Waterford, Franklin County, Pennsylvania Property Taxes
Median East Waterford, PA effective property tax rate: 11.74%, significantly higher than the national median of 1.02%, and higher than the Pennsylvania state median of 2.75%.
Median East Waterford, PA home value: $9,665
Median annual East Waterford, PA tax bill: $1,135, $1,265 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in East Waterford, 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 East Waterford's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Waterford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
East Waterford, Franklin County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
11.74%
Estimate Property Tax Bill
$1,135
$1,053
Property Tax Rates Across East Waterford, Franklin County, Pennsylvania
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county annually assesses its budgetary needs to provide essential services and divides that by the total value of all taxable property within its borders. This calculation determines the property tax rate. While the process involves votes and legislation, this is essentially how it works each year.
EAST WATERFORD in Franklin County, PA, presents an interesting case for property tax rates. When comparing EAST WATERFORD’s effective property tax rate to other cities in Pennsylvania, it becomes evident that local rates can vary. The median property tax rate in Pennsylvania is influenced by such local variations, and it is worth noting how these rates stack up against the U.S. median. Understanding these differences is crucial for property owners looking to manage their tax liabilities. By comparing local rates to state and national medians, property owners can gain insight into their tax obligations and potential savings.
Property Tax Rates Across East Waterford, Franklin County, Pennsylvania
Source: Ownwell
11.64%
13.12%
14.59%
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 East Waterford Tax Rate
11.74%
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 Franklin County Tax Rate
16.33%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across East Waterford, Franklin County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17021 | 11.74% | 11.74% | 11.74% | 11.74% | 11.74% |
Source: Ownwell
Property Tax Assessment Values Across East Waterford, Franklin County, Pennsylvania
When examining property taxes in East Waterford, 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 Franklin 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 Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 East Waterford. For example, the median home price in East Waterford is $9,665, with tax bills ranging significantly across the county. Zip code 17021 has the highest median home price at $9,665.
Property Tax Assessment Values Across East Waterford, Franklin County, Pennsylvania
Source: Ownwell
$9,665
$13,633
$17,600
Median East Waterford Market Value
$9,665
Median Franklin County Market Value
$18,810
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across East Waterford, Franklin County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17021 | $1,025 | $2,640 | $9,665 | $18,542 | $20,760 |
Source: Ownwell
Property Tax Bills Across East Waterford, Franklin County, Pennsylvania
Property Tax Bills Across East Waterford, Franklin County, Pennsylvania
Source: Ownwell
$1,135
$1,601
$2,066
Median East Waterford Tax Bill
$1,135
Median Franklin County Tax Bill
$3,087
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across East Waterford, Franklin County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17021 | $120 | $310 | $1,135 | $2,177 | $2,437 |
Source: Ownwell