Buffalo Mills, Bedford County, Pennsylvania Property Taxes
Median Buffalo Mills, PA effective property tax rate: 1.46%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Buffalo Mills, PA home value: $113,800
Median annual Buffalo Mills, PA tax bill: $1,436, $964 lower than the national median property tax bill of $2,400.
How are property taxes in Bedford calculated?
Property taxes in Buffalo Mills, 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 Buffalo Mills’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buffalo Mills, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Buffalo Mills, Bedford County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.6%
Estimate Property Tax Bill
$1,786
$1,657
Property Tax Rates Across Buffalo Mills, Bedford County, Pennsylvania
Local government entities are responsible for setting property tax rates, which can vary significantly within Pennsylvania. Each county calculates its required budget annually to provide essential services and divides this figure by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. While the setting of tax rates and budgets involves votes and legislation, this is essentially the annual procedure.
In Buffalo Mills, located in Bedford County, the effective property tax rate stands out when compared to other cities in Pennsylvania. The median property tax rate in Buffalo Mills is notably higher than the national median of 1.02%. This comparison is important for property owners who are considering appealing their property taxes or seeking exemptions. Understanding how Buffalo Mills' tax rate compares to both the state and national averages can provide valuable insights for property owners. By analyzing these rates, property owners can make informed decisions about their property tax obligations and explore potential savings.
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 Buffalo Mills Tax Rate
1.60%
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 Bedford County Tax Rate
1.62%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Buffalo Mills, Bedford County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15534 | 1.49% | 1.49% | 1.60% | 1.62% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Buffalo Mills, Bedford County, Pennsylvania
When examining property taxes in Buffalo Mills, 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 Bedford 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 Bedford 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 Buffalo Mills.
For example, the median home price in Buffalo Mills is $113,800, with tax bills ranging significantly across the county. Zip code 15534 has the highest median home price at $113,800.
Property Tax Assessment Values Across Buffalo Mills, Bedford County, Pennsylvania
Source: Ownwell
$30,900
$116,350
$201,800
Median Buffalo Mills Market Value
$111,600
Median Bedford County Market Value
$99,100
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Buffalo Mills, Bedford County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15534 | $39,900 | $71,700 | $111,600 | $167,100 | $266,240 |
Source: Ownwell
Property Tax Bills Across Buffalo Mills, Bedford County, Pennsylvania
In Buffalo Mills, located in Bedford County, 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 home's market value. With a median home price of $113,800, homeowners in Buffalo Mills can expect to pay a tax bill around the county's median of $1,436, which is lower than the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $944 and the 90th percentile reaching $2,928. Factors such as property location, improvements, and exemptions can influence the assessed value and, consequently, the tax bill.
For homeowners looking to reduce their property tax burden, Ownwell offers expert assistance in property tax appeals and exemption services. By analyzing property assessments and market values, Ownwell identifies opportunities for tax savings, potentially lowering the tax bill and making homeownership more affordable. This personalized service can be a crucial step in ensuring that homeowners in Buffalo Mills are not overpaying on their property taxes.
Property Tax Bills Across Buffalo Mills, Bedford County, Pennsylvania
Source: Ownwell
$555
$2,166
$3,776
Median Buffalo Mills Tax Bill
$1,766
Median Bedford County Tax Bill
$1,648
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Buffalo Mills, Bedford County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15534 | $633 | $1,126 | $1,766 | $2,633 | $4,193 |
Source: Ownwell