Millheim, Centre County, Pennsylvania Property Taxes
Median Millheim, PA effective property tax rate: 3.10%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Millheim, PA home value: $70,790
Median annual Millheim, PA tax bill: $2,194, $206 lower than the national median property tax bill of $2,400.
How are property taxes in Centre calculated?
Property taxes in Millheim, 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 Millheim’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Millheim, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Millheim, Centre County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.21%
Estimate Property Tax Bill
$2,266
$2,102
Property Tax Rates Across Millheim, Centre County, Pennsylvania
Local government entities set tax rates, which can vary widely within a state. 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.
In Millheim, located in Centre County, PA, the effective property tax rate is notably higher than both the state and national averages. With a median property tax rate of 3.10%, Millheim stands out not only within Pennsylvania but also across the entire United States. For context, the national median property tax rate is 1.02%, and the median tax bill is $2,400. This means Millheim's property owners face a significantly higher tax burden compared to the average American homeowner.
This elevated rate underscores the importance of understanding local tax structures and seeking potential exemptions or appeals. Homeowners in Millheim should consider consulting with property tax experts to explore opportunities for reducing their tax liabilities. By doing so, they can ensure they are not overpaying and are taking full advantage of available exemptions.
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 Millheim Tax Rate
3.21%
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 Centre County Tax Rate
3.33%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Millheim, Centre County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16854 | 3.21% | 3.21% | 3.21% | 3.21% | 3.21% |
Source: Ownwell
Property Tax Assessment Values Across Millheim, Centre County, Pennsylvania
When examining property taxes in Millheim, 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 Centre 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 Centre 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 Millheim. For example, the median home price in Millheim is $70,790, with tax bills ranging significantly across the county. 16854 has the highest median home price at $70,790.
Property Tax Assessment Values Across Millheim, Centre County, Pennsylvania
Source: Ownwell
$21,230
$79,480
$137,730
Median Millheim Market Value
$70,580
Median Centre County Market Value
$95,980
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Millheim, Centre County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16854 | $33,528 | $54,880 | $70,580 | $91,360 | $125,538 |
Source: Ownwell
Property Tax Bills Across Millheim, Centre County, Pennsylvania
Median Millheim Tax Bill
$2,270
Median Centre County Tax Bill
$3,294
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Millheim, Centre County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16854 | $1,130 | $1,770 | $2,270 | $2,932 | $4,035 |
Source: Ownwell