New Castle, Beaver County, Pennsylvania Property Taxes

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

Median NEW CASTLE, PA effective property tax rate: 0.37%, significantly lower than the national median of 1.02%, and lower than the Pennsylvania state median of 2.75%.
Median NEW CASTLE, PA home value: $91,800
Median annual NEW CASTLE, PA tax bill: $428, $1,972 lower than the national median property tax bill of $2,400.

How are property taxes in Beaver calculated?

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

Last Updated March 1, 2025

New Castle, Beaver County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.37%

Estimate Property Tax Bill

$340

$315

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

Property Tax Rates Across New Castle, Beaver County, Pennsylvania

Local government entities in New Castle, within Beaver County, Pennsylvania, set property tax rates, which can vary significantly across the state. Each year, Beaver County estimates its budgetary needs to provide essential services and divides this amount by the total assessed value of all taxable properties in the area, resulting in the property tax rate. This process involves votes and laws to finalize tax rates and budgets.

New Castle's effective property tax rate is notably lower compared to other cities in Pennsylvania. This is because Beaver County's tax rate is lower than many other counties in the state. When compared to the national median property tax rate of 1.02%, New Castle's rate is considerably more affordable, offering residents a financial advantage.

Homeowners in New Castle benefit from a lower property tax bill compared to the national median, which stands at $2,400. This affordability makes New Castle an attractive option for potential homeowners looking to minimize their property tax expenses while enjoying the services funded by these taxes.

Property Tax Rates Across New Castle, Beaver County, Pennsylvania

Source: Ownwell

0.37%

1.04%

1.71%

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 New Castle Tax Rate

0.37%

Median Effective Beaver County Tax Rate

0.37%

Median Effective Pennsylvania Tax Rate

2.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across New Castle, Beaver County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16101	0.37%	0.37%	0.37%	1.00%	1.06%
16102	N/A	N/A	N/A	N/A	N/A
16103	N/A	N/A	N/A	N/A	N/A
16105	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across New Castle, Beaver County, Pennsylvania

When examining property taxes in NEW CASTLE, 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 Beaver 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 Beaver 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 NEW CASTLE. For example, the median home price in NEW CASTLE is $91,800, with tax bills ranging significantly across the county. 16101 has the highest median home price at $82,100.

Property Tax Assessment Values Across New Castle, Beaver County, Pennsylvania

Source: Ownwell

$18,700

$124,315

$229,930

Median New Castle Market Value

$91,800

Median Beaver County Market Value

$157,900

Median Pennsylvania Market Value

$118,310

Median United States Market Value

$235,294

Property Tax Assessment Values Across New Castle, Beaver County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16101	$50,550	$68,475	$82,100	$119,850	$170,940
16102	N/A	N/A	N/A	N/A	N/A
16103	N/A	N/A	N/A	N/A	N/A
16105	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across New Castle, Beaver County, Pennsylvania

In New Castle, PA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, which can fluctuate based on real estate trends. With a median home price of $91,800, homeowners in New Castle face a range of tax bills, from $270 at the 25th percentile to $1,626 at the 90th percentile. The median tax bill in the area is $384, significantly lower than the national median of $2,400. This lower tax bill can be attributed to the region's relatively modest home values and tax rates. However, even with lower taxes, homeowners can still benefit from ensuring their property is not over-assessed. Ownwell offers services that help homeowners appeal their property tax assessments, potentially reducing their tax bills further. By analyzing local market trends and assessment practices, Ownwell can identify opportunities for savings, ensuring homeowners only pay their fair share.

Property Tax Bills Across New Castle, Beaver County, Pennsylvania

Source: Ownwell

$123

$952

$1,780

Median New Castle Tax Bill

$428

Median Beaver County Tax Bill

$812

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across New Castle, Beaver County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16101	$224	$277	$384	$711	$1,548
16102	N/A	N/A	N/A	N/A	N/A
16103	N/A	N/A	N/A	N/A	N/A
16105	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Beaver Tax Assessor
Website	propertyrecords.beavercountypa.gov