Example of Carbon County Property Tax Calculation
Carbon County calculates property tax based on the market value of a property. The tax rate is expressed in mills, with one mill being equal to $1 for every $1,000 of assessed value. For example, if a property is valued at $200,000 and the tax rate is 50 mills, the property tax calculation would be:
$200,000 / 1,000 x 50 = $10,000
Therefore, the property owner would owe $10,000 in property taxes for the year.
It is important to note that the assessed value of a property is determined by the county assessor's office, and may not necessarily reflect the current market value of the property. Property owners can appeal their assessed value if they believe it is incorrect.
If you want appeal your property tax assessment - contact your local tax assessor.
Carbon County Property Tax Rates
Here are the Carbon County Property Tax rates for the year 2021:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County Tax | $12.50 |
| School Tax | $16.25 |
| Municipal Tax | $7.75 |
| Total Tax | $36.50 |
Note: These rates are subject to change and may vary depending on the specific location and property in Carbon County. It is advisable to consult with a qualified tax professional for accurate and up-to-date information.
Who sets property tax rates in Carbon County ?
Carbon County Property Tax Rates
In Carbon County, property tax rates are set by the county government. The County Commissioners, who are elected officials, are responsible for setting the property tax rates.
The property tax rates in Carbon County are determined annually, during the budget-making process. The Commissioners review the county's revenue needs and expenditures to determine the appropriate tax rate for the upcoming year.
It is important to note that property tax rates can vary based on the location and the type of property being taxed. For example, the tax rate for residential properties may be different than the tax rate for commercial properties.
Property owners in Carbon County can find more information about their specific tax rate by contacting the County Assessor's Office or by reviewing their property tax statement.
Overall, Carbon County property tax rates are an important source of revenue for the county government, and they help fund essential services and programs for the community.
Homestead exemptions in Carbon County ?
To provide valuable information to homeowners in Carbon County, Pennsylvania, we have created a table with all of the county-specific Homestead exemptions and deductions. This table is organized by four columns: exemption, eligibility, amount, and notes.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | All homeowners | Up to $15,000 | This exemption is available to all homeowners in Carbon County who use their property as their primary residence. |
| Senior Citizen's Homestead Exemption | Homeowners 65 years or older | Up to $6,000 | To be eligible for this exemption, the homeowner must be 65 years or older and use their property as their primary residence. |
| Disabled Veterans' Real Property Tax Exemption | Disabled veterans | Up to 100% | This exemption is available to disabled veterans who have a service-connected disability of at least 100%. The exemption may apply to the veteran's primary residence and up to 10 acres of land. |
| Homestead Farmstead Exclusion | Homeowners who use the property for agricultural purposes | Up to 100% | Homeowners who use their property for agricultural purposes may be eligible for this exclusion. It can reduce the assessed value of the property by up to 100%. |
| Clean and Green Program | Homeowners who use the property for agricultural or open-space purposes | Based on current use valuation | This program provides tax benefits to property owners who use their property for agricultural or open-space purposes. The property's assessed value will be based on its current use rather than its market value. |
By taking advantage of these Homestead exemptions and deductions, homeowners in Carbon County can potentially save thousands of dollars on their property taxes. It's important to note that eligibility requirements and amounts may vary depending on your individual circumstances, so it's always best to consult with a tax professional for personalized advice.
When is Carbon County Property Tax due ?
Carbon County Property Tax is typically due on or before October 15th of each year for the previous year’s taxes. Property owners in Carbon County can pay their property taxes through several methods, including:
| Payment Method | Details |
|---|---|
| Online | Property owners can pay their property taxes online using e-check, credit card, or debit card by visiting the Carbon County Treasurer’s website. A convenience fee is applied to credit and debit card payments. |
| Property owners can mail their property tax payments to the Carbon County Treasurer’s Office. The mailing address can be found on the property tax bill. | |
| In-Person | Property owners can pay their property taxes in person at the Carbon County Treasurer’s Office during regular business hours. Cash, check, and money order are accepted. |
It is important for property owners in Carbon County to pay their property taxes on time to avoid penalties and interest charges. If a property owner is unable to pay their property taxes by the deadline, they may be eligible for a payment plan or other assistance programs through the Carbon County Treasurer’s Office.
If you have more questions - contact your local tax collector.
How is Carbon County Property Tax penalty calculated ?
Carbon County Property Tax Penalty Calculation:
The penalty for late payment of property taxes in Carbon County is calculated based on the number of days the payment is past due. The penalty is applied as a percentage of the total tax amount owed.
For example, if a property owner owes $1,000 in property taxes and the payment is 10 days late, the penalty will be calculated as follows:
- $1,000 (total tax owed) x 0.5% (penalty rate) = $5 (penalty amount)
Therefore, the property owner would owe a total of $1,005 ($1,000 + $5) for the late payment.
The penalty rate in Carbon County may vary depending on the specific tax year and the applicable laws and regulations. Therefore, it is important for property owners to check with the local tax office for up-to-date penalty rates and due dates.
In summary, the Carbon County Property Tax penalty is calculated by multiplying the total tax owed by the penalty rate, which is based on the number of days the payment is past due. Property owners should make sure to pay their property taxes on time to avoid incurring penalties and additional fees.
We recommend contacting the Carbon County Tax Office or a local tax professional for the most up-to-date and accurate information.