Falls Creek, Clearfield County, Pennsylvania Property Taxes
Median Falls Creek, PA effective property tax rate: 0.25%, significantly lower than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%. Median Falls Creek, PA home value: $79,546. Median annual Falls Creek, PA tax bill: $197, $2,203 lower than the national median property tax bill of $2,400.
How are property taxes in Clearfield calculated?
Property taxes in Falls Creek, 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 Falls Creek’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Falls Creek, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Falls Creek, Clearfield County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.76%
Estimate Property Tax Bill
$1,338
$1,241
Property Tax Rates Across Falls Creek, Clearfield 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, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Falls Creek, located in Clearfield County, the effective property tax rate is significantly lower than the national median property tax rate of 1.02%. This means residents enjoy a more favorable tax situation compared to many other regions across the United States. Pennsylvania's median property tax rate is also lower than the national average, making it an attractive state for property owners.
Comparing Falls Creek’s rate to other cities within Pennsylvania, it becomes clear that this region offers a competitive edge in terms of property taxes. This can be a crucial factor for potential homeowners and investors considering purchasing property in the area. By understanding these dynamics, property owners in Falls Creek can make informed decisions about their investments and potentially save on property taxes.
Property Tax Rates Across Falls Creek, Clearfield County, Pennsylvania
Source: Ownwell
1.42%
1.88%
2.34%
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 Falls Creek Tax Rate
1.76%
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 Clearfield County Tax Rate
1.82%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Falls Creek, Clearfield County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15840 | 1.76% | 1.76% | 1.76% | 1.76% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Falls Creek, Clearfield County, Pennsylvania
When examining property taxes in Falls Creek, 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 Clearfield 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 Clearfield 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 Falls Creek.
For example, the median home price in Falls Creek is $79,546, with tax bills ranging significantly across the county. Zip code 15840 has the highest median home price at $79,546.
Property Tax Assessment Values Across Falls Creek, Clearfield County, Pennsylvania
Source: Ownwell
$34,000
$71,100
$108,200
Median Falls Creek Market Value
$76,000
Median Clearfield County Market Value
$68,800
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Falls Creek, Clearfield County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15840 | $31,510 | $43,400 | $76,000 | $103,500 | $148,040 |
Source: Ownwell
Property Tax Bills Across Falls Creek, Clearfield County, Pennsylvania
In Falls Creek, Clearfield County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the Clearfield County assessor's office and is a percentage of the property's market value. Homeowners in Falls Creek face a median tax bill of $197, significantly lower than the national median of $2,400. The tax bill can vary, with the 25th percentile at $139 and the 90th percentile reaching $351, depending on the property's assessed value and applicable exemptions. This variability can significantly impact homeowners, especially those on fixed incomes or with limited financial flexibility.
Ownwell offers a valuable service by assisting homeowners in appealing their property tax assessments and identifying potential exemptions. By leveraging expert knowledge and local data, Ownwell can help ensure that homeowners in Falls Creek are not overpaying on their property taxes, potentially saving them hundreds of dollars annually. This service not only alleviates financial burdens but also provides peace of mind for property owners.
Property Tax Bills Across Falls Creek, Clearfield County, Pennsylvania
Source: Ownwell
$556
$1,229
$1,901
Median Falls Creek Tax Bill
$1,335
Median Clearfield County Tax Bill
$1,269
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Falls Creek, Clearfield County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15840 | $554 | $763 | $1,335 | $1,819 | $2,601 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Clearfield Tax Assessor | |
| Website | clearfieldco.org |