Cross Fork, Potter County, Pennsylvania Property Taxes
Median Cross Fork, PA effective property tax rate: 8.25%, significantly higher than the national median of 1.02%, and higher than the Pennsylvania state median of 2.75%.
Median Cross Fork, PA home value: $8,800
Median annual Cross Fork, PA tax bill: $726, $1,674 lower than the national median property tax bill of $2,400.
How are property taxes in Potter County calculated?
Property taxes in Cross Fork, 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 Cross Fork's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cross Fork, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cross Fork, Potter County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
8.25%
Estimate Property Tax Bill
$726
$674
Property Tax Rates Across Cross Fork, Potter 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
CROSS FORK in Potter County, PA, has an effective property tax rate that stands out in comparison to other cities in Pennsylvania and the national average. The effective property tax rate here is significantly higher than the national median property tax rate of 1.02%. This can result in property tax bills that are substantially above the national median property tax bill of $2400. This higher rate reflects the county's budgetary needs and the total value of taxable property within the jurisdiction.
Understanding these differences can be crucial for property owners in CROSS FORK, as it impacts their annual financial planning. Comparing local rates to state and national figures provides valuable insight into how property taxes might affect property ownership in the area.
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 Cross Fork Tax Rate
8.25%
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 Potter County Tax Rate
7.47%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cross Fork, Potter County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17729 | 8.25% | 8.25% | 8.25% | 8.25% | 8.25% |
Source: Ownwell
Property Tax Assessment Values Across Cross Fork, Potter County, Pennsylvania
When examining property taxes in Cross Fork, 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 Potter County assessment office 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 Potter County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Cross Fork. For example, the median home price in Cross Fork is $8,800, with tax bills ranging significantly across the county. The 17729 zip code has the highest median home price at $8,800.
Property Tax Assessment Values Across Cross Fork, Potter County, Pennsylvania
Source: Ownwell
$8,800
$17,080
$25,360
Median Cross Fork Market Value
$8,800
Median Potter County Market Value
$13,620
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cross Fork, Potter County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17729 | $3,384 | $5,680 | $8,800 | $13,305 | $25,576 |
Source: Ownwell
Property Tax Bills Across Cross Fork, Potter County, Pennsylvania
Median Cross Fork Tax Bill
$726
Median Potter County Tax Bill
$1,037
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Cross Fork, Potter County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17729 | $279 | $468 | $726 | $1,097 | $2,110 |
Source: Ownwell