Oliveburg, Jefferson County, Pennsylvania Property Taxes
Median Oliveburg, PA effective property tax rate: 3.92%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Oliveburg, PA home value: $42,525
Median annual Oliveburg, PA tax bill: $1,728, $672 lower than the national median property tax bill of $2,400.
How are property taxes in Jefferson County calculated?
Property taxes in Oliveburg, 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 Oliveburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oliveburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Oliveburg, Jefferson County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.08%
Estimate Property Tax Bill
$1,827
$1,695
Property Tax Rates Across Oliveburg, Jefferson County, Pennsylvania
Local government entities set tax rates, which can vary widely within a state. This 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. 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.
In Oliveburg, Jefferson County, Pennsylvania, the effective property tax rate stands out compared to other cities in the state. Pennsylvania's median property tax rate is notably high, especially when compared to the national median of 1.02%. This can lead to significantly higher property tax bills for homeowners in Oliveburg, surpassing the national median property tax bill of $2,400.
Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively. By comparing Oliveburg’s effective property tax rate to other cities in Pennsylvania and the U.S., homeowners can gain insights into potential savings or additional costs. This knowledge empowers property owners to make informed decisions, whether they're considering a property purchase or evaluating their current tax obligations.
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 Oliveburg Tax Rate
4.08%
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 Jefferson County Tax Rate
4.77%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Oliveburg, Jefferson County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15764 | 4.08% | 4.08% | 4.08% | 4.08% | 4.13% |
Source: Ownwell
Property Tax Assessment Values Across Oliveburg, Jefferson County, Pennsylvania
When examining property taxes in Oliveburg, 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 Jefferson 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 Jefferson 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 Oliveburg.
For example, the median home price in Oliveburg is $42,525, with tax bills ranging significantly across the county. ZIP code 15764 has the highest median home price at $42,525.
Property Tax Assessment Values Across Oliveburg, Jefferson County, Pennsylvania
Source: Ownwell
$13,335
$29,053
$44,770
Median Oliveburg Market Value
$44,770
Median Jefferson County Market Value
$18,240
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Oliveburg, Jefferson County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15764 | $2,478 | $27,230 | $44,770 | $55,620 | $68,984 |
Source: Ownwell
Property Tax Bills Across Oliveburg, Jefferson County, Pennsylvania
Median Oliveburg Tax Bill
$1,828
Median Jefferson County Tax Bill
$923
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Oliveburg, Jefferson County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15764 | $101 | $1,112 | $1,828 | $2,270 | $2,817 |
Source: Ownwell