Osceola Mills, Centre County, Pennsylvania Property Taxes
Median OSCEOLA MILLS, PA effective property tax rate: 3.16%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median OSCEOLA MILLS, PA home value: $34,175
Median annual OSCEOLA MILLS, PA tax bill: $1,084, $1,316 lower than the national median property tax bill of $2,400.
How are property taxes in Centre calculated?
Property taxes in OSCEOLA 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 OSCEOLA MILLS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in OSCEOLA MILLS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Osceola Mills, Centre County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.42%
Estimate Property Tax Bill
$1,179
$1,094
Property Tax Rates Across Osceola Mills, Centre County, Pennsylvania
Local government entities set tax rates, which can vary widely within Pennsylvania due to differing budgetary needs. Each county determines its annual budget requirements and divides that by the total value of all taxable property within its jurisdiction, resulting in a unique property tax rate. Although votes and laws play a role in defining tax rates and budgets, this is the basic yearly procedure.
Osceola Mills, located in Centre County, stands out with its effective property tax rate. When compared to other cities in Pennsylvania, Osceola Mills' rate is notably higher than the state median and significantly above the national median property tax rate of 1.02%. This difference highlights the variability in property tax rates across different regions. While the national median property tax bill is $2,400, residents of Osceola Mills may find their bills considerably higher due to the elevated tax rate. Understanding these variations is crucial for homeowners looking to manage their expenses and take advantage of potential property tax appeal and exemption services.
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 Osceola Mills Tax Rate
3.42%
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 Osceola Mills, Centre County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16666 | 3.42% | 3.42% | 3.42% | 3.42% | 3.42% |
Source: Ownwell
Property Tax Assessment Values Across Osceola Mills, Centre County, Pennsylvania
When examining property taxes in Osceola 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 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 Osceola Mills. For example, the median home price in Osceola Mills is $34,175, with tax bills ranging significantly across the county. Zip code 16666 has the highest median home price at $34,175.
Property Tax Assessment Values Across Osceola Mills, Centre County, Pennsylvania
Source: Ownwell
$21,230
$79,480
$137,730
Median Osceola Mills Market Value
$34,470
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 Osceola Mills, Centre County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16666 | $12,752 | $25,325 | $34,470 | $51,050 | $69,060 |
Source: Ownwell
Property Tax Bills Across Osceola Mills, Centre County, Pennsylvania
Median Osceola Mills Tax Bill
$1,192
Median Centre County Tax Bill
$3,294
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Osceola Mills, Centre County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16666 | $504 | $874 | $1,192 | $1,761 | $2,376 |
Source: Ownwell