Driftwood, Elk County, Pennsylvania Property Taxes
Property Taxes in Driftwood, Pennsylvania
Median Driftwood, Pennsylvania effective property tax rate: 3.28%, significantly higher than the national median of 1.02%, and higher than the Pennsylvania state median of 2.75%.
Median Driftwood, Pennsylvania home value: $16,700
Median annual Driftwood, Pennsylvania tax bill: $547, lower than the national median property tax bill of $2,400.
How are property taxes in Elk calculated?
Property taxes in Driftwood, Pennsylvania 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 Driftwood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Driftwood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Driftwood, Elk County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.28%
Estimate Property Tax Bill
$548
$508
How Does the Driftwood Property Tax Calculator Work?
Use this Driftwood property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Driftwood's median effective tax rate of 3.28% — based on actual property records in Elk County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Driftwood's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Driftwood: rates range from 3.28% in 15832 to 3.28% in 15832, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Driftwood.
About Driftwood Property Taxes
About Property Taxes in Driftwood, Elk, Pennsylvania
Driftwood's median effective property tax rate of 3.28% is higher than the Pennsylvania state median of 2.75% and higher than the national median of 1.02%. This rate reflects the Elk County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Driftwood. Homeowners in the 15832 ZIP code carry a median effective rate of 3.28%, while those in the lowest ZIP code pay 3.28%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Elk County. Understanding which part of Driftwood you live in can make a meaningful difference to your annual tax bill.
Driftwood homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Driftwood, Elk County, Pennsylvania
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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.
Below, you can compare Driftwood's effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
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 Driftwood Tax Rate
3.28%
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 Elk County Tax Rate
3.31%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Driftwood, Elk County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15832 | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% |
Source: Ownwell
Property Tax Assessment Values Across Driftwood, Elk County, Pennsylvania
When examining property taxes in Driftwood, Pennsylvania, 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 Elk County 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.
Assessment notices:
In Elk County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. For Driftwood, the median home price is $16,700, with tax bills ranging significantly across the county. Zip code 15832 has the highest median home price at $16,700.
Property Tax Assessment Values Across Driftwood, Elk County, Pennsylvania
Source: Ownwell
$12,200
$31,850
$51,500
Median Driftwood Market Value
$16,700
Median Elk County Market Value
$39,600
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Driftwood, Elk County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15832 | $4,070 | $7,800 | $16,700 | $27,375 | $43,060 |
Source: Ownwell
Property Tax Bills Across Driftwood, Elk County, Pennsylvania
Driftwood property tax bills are calculated from the assessed value of a home and the local tax rate set by the county and other taxing authorities. The assessed value is based on the market value of the property, and that figure is multiplied by the applicable tax rate to determine the annual bill. For homeowners in Driftwood, the median home price is $16,700, which helps explain why tax bills can vary widely from one property to another.
Several factors affect the final amount, including the home’s assessed value, local levies, and any exemptions that may apply. In Elk County, the median tax bill is $547.00 in ZIP code 15832, while bills can range from $256 at the 25th percentile to $1,411 at the 90th percentile. That spread shows how differences in property value and local rates can significantly change what homeowners owe each year.
For homeowners, a higher assessed value usually means a higher tax bill, making it important to understand how the calculation works.
Median Driftwood Tax Bill
$547
Median Elk County Tax Bill
$1,455
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Driftwood, Elk County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15832 | $133 | $256 | $547 | $897 | $1,411 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 1 |
Links | |
|---|---|
| Elk Tax Assessor | |
| Website | epay.countyofelkpa.com |