Transfer, Mercer County, Pennsylvania Property Taxes

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

Median Transfer, PA effective property tax rate: 10.42%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Transfer, PA home value: $3,650
Median annual Transfer, PA tax bill: $388, $2,012 lower than the national median property tax bill of $2,400.

How are property taxes in Mercer calculated?

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

Last Updated March 1, 2025

Transfer, Mercer County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

10.42%

Estimate Property Tax Bill

$380

$353

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

Property Tax Rates Across Transfer, Mercer County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. Annually, 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. Below, you can compare Transfer’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.

Property Tax Rates Across Transfer, Mercer County, Pennsylvania

Source: Ownwell

8.19%

10.06%

11.93%

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 Transfer Tax Rate

10.42%

Median Effective Mercer County Tax Rate

9.62%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Transfer, Mercer County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16154	9.97%	10.41%	10.42%	10.42%	10.42%

Source: Ownwell

Property Tax Assessment Values Across Transfer, Mercer County, Pennsylvania

When examining property taxes in Transfer, Pennsylvania, 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 Mercer 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. Assessment notices: In Mercer 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 Transfer. For example, the median home price in Transfer is $3,650, with tax bills ranging significantly across the county. Zip code 16154 has the highest median home price at $3,650.

Property Tax Assessment Values Across Transfer, Mercer County, Pennsylvania

Source: Ownwell

$2,100

$3,075

$4,050

Median Transfer Market Value

$3,650

Median Mercer County Market Value

$1,800

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Transfer, Mercer County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16154	$1,050	$1,500	$3,650	$6,900	$10,015

Source: Ownwell

Property Tax Bills Across Transfer, Mercer County, Pennsylvania

In Transfer, located in Mercer County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value determined by the local tax assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. In Transfer, the median property tax bill is $388, significantly lower than the national median property tax bill of $2,400. However, tax bills can vary widely, with the 25th percentile at $149 and the 90th percentile reaching $1,038. These variations depend on factors like property location, size, and improvements. High tax bills can burden homeowners, making it essential to ensure accuracy in assessments. Ownwell assists homeowners by reviewing property assessments and identifying potential errors or overvaluations. By filing appeals and seeking exemptions, Ownwell can help reduce tax bills, providing significant savings and financial relief to homeowners in Transfer.

Property Tax Bills Across Transfer, Mercer County, Pennsylvania

Source: Ownwell

$190

$290

$389

Median Transfer Tax Bill

$388

Median Mercer County Tax Bill

$180

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Transfer, Mercer County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16154	$109	$149	$388	$716	$1,038

Source: Ownwell