Olanta, Clearfield County, Pennsylvania Property Taxes
Median Olanta, 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 Olanta, PA home value: $77,020
Median annual Olanta, PA tax bill: $194, $2,206 lower than the national median property tax bill of $2,400.
How are property taxes in Clearfield calculated?
Property taxes in Olanta, 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 Olanta’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Olanta, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Olanta, Clearfield County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.72%
Estimate Property Tax Bill
$1,097
$1,018
Property Tax Rates Across Olanta, Clearfield County, Pennsylvania
Local government entities set tax rates, which can vary widely within Pennsylvania. This variation occurs because each county annually estimates its required budget to provide services and then 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.
For instance, Olanta in Clearfield County has an effective property tax rate that is significantly lower than both the state and national medians. With Pennsylvania's median property tax rate at 1.35% and the U.S. median at 1.02%, Olanta presents an attractive option for homeowners seeking lower property tax burdens. This lower rate is reflected in the property tax bills, which are considerably less than the national median of $2400.
Comparing Olanta's effective property tax rate to other cities in Pennsylvania highlights the variability within the state and offers insight into potential savings for property owners. Such differences underscore the importance of understanding local tax rates and how they impact overall property ownership costs.
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 Olanta Tax Rate
1.72%
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 Olanta, Clearfield County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16863 | 1.61% | 1.61% | 1.72% | 1.72% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Olanta, Clearfield County, Pennsylvania
When examining property taxes in Olanta, 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 Olanta.
For example, the median home price in Olanta is $77,020, with tax bills ranging significantly across the county. Zip code 16863 has the highest median home price at $77,020.
Property Tax Assessment Values Across Olanta, Clearfield County, Pennsylvania
Source: Ownwell
$34,000
$71,100
$108,200
Median Olanta Market Value
$63,800
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 Olanta, Clearfield County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16863 | $18,240 | $38,400 | $63,800 | $101,120 | $154,280 |
Source: Ownwell
Property Tax Bills Across Olanta, Clearfield County, Pennsylvania
Median Olanta Tax Bill
$1,055
Median Clearfield County Tax Bill
$1,269
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Olanta, Clearfield County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16863 | $316 | $655 | $1,055 | $1,743 | $2,710 |
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 |