Example of Clearfield County Property Tax Calculation
Clearfield County calculates property tax based on the assessed value of a property. The assessed value is determined by the county's assessment office, which evaluates the property's market value and applies a predetermined percentage to arrive at the assessed value.
For example, if a property has a market value of $150,000 and the county's assessment office applies a 50% assessment rate, the assessed value of the property would be $75,000.
Next, the county applies a millage rate to the assessed value to determine the property tax due. A millage rate is the amount of tax per $1,000 of assessed value. Clearfield County's millage rate for 2021 is 11.3 mills.
Using the example above, if a property has an assessed value of $75,000 and the millage rate is 11.3 mills, the property tax due would be $847.50 (75 x 11.3).
It's important to note that property tax rates and assessment rates can vary by county and can change from year to year. Property owners should always check with their local assessment office to determine the most up-to-date rates and values.
If you want appeal your property tax assessment - contact your local tax assessor.
Clearfield County Property Tax Rates
Here is a formatted table listing the Clearfield County Property Tax rates in US dollars per 100 dollars of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General Fund | $5.30 |
| County Debt Service | $0.65 |
| Municipalities | Varies by municipality |
| School Districts | Varies by school district |
It is important to note that the tax rates for municipalities and school districts vary, so it is recommended to check with each specific municipality and school district for accurate rates.
Who sets property tax rates in Clearfield County ?
Who sets property tax rates in Clearfield County?
The Clearfield County Commissioners, consisting of three elected officials, are responsible for setting property tax rates in Clearfield County. They determine the millage rate, which is the amount of tax levied per $1,000 of assessed property value.
When are property tax rates set in Clearfield County?
The property tax rates for Clearfield County are typically set in December each year. The Commissioners hold public meetings to discuss the budget and tax rates before making a final decision on the millage rate.
How is property value assessed in Clearfield County?
The Clearfield County Assessment Office is responsible for assessing the value of all real estate located within the county. Property is assessed at its fair market value, which is the amount a willing buyer would pay a willing seller for the property.
What are the property tax rates in Clearfield County?
The property tax rates in Clearfield County vary depending on the municipality and school district where the property is located. Here are some general examples of property tax rates in Clearfield County:
| Municipality/School District | Millage Rate |
|---|---|
| Clearfield Borough | 19.35 |
| DuBois Area School District | 70.54 |
| Lawrence Township | 7.40 |
| Moshannon Valley School Dist. | 107.67 |
It is important to note that these rates are subject to change each year, based on the decision of the Clearfield County Commissioners.
Homestead exemptions in Clearfield County ?
To help Clearfield County residents better understand their Homestead exemptions and deductions, we've created a table to outline the details. Check out the table below for all the information you need:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead/Farmstead Exclusion | Primary Residence | Up to 100% of assessed value | Must apply by March 1st |
| Clean and Green | Land used for agriculture or forest preservation | Up to 90% of assessed value | Must apply by June 1st |
| Tax Relief for Seniors | Ages 65 and up with income under $35,000 | Up to $650 | Must apply by June 30th |
| Tax Relief for Veterans | Honorable discharge, 100% service-related disability or wartime service | Up to $650 | Must apply by June 30th |
It's important to note that eligibility and amounts may vary depending on individual circumstances, so we recommend consulting with a tax professional or the Clearfield County Assessor's Office for further information. Don't miss out on these valuable exemptions and deductions!
When is Clearfield County Property Tax due ?
Clearfield County Property Tax is typically due on March 31st of each year. However, it is important to note that due dates are subject to change and taxpayers should always check with the County Treasurer's Office for the most up-to-date information.
Property owners have several payment methods available to them. They can pay online through the county's website, in person at the County Treasurer's Office, or by mail. Payments made by mail must be postmarked on or before the due date to avoid penalties and interest.
The County Treasurer's Office also offers a variety of payment plans for those who are unable to pay their property taxes in full by the due date. These plans allow taxpayers to make payments over a period of time, easing the burden of a large lump-sum payment.
It is important for Clearfield County property owners to stay informed about their property tax obligations and to make payments on time to avoid penalties and interest.
If you have more questions - contact your local tax collector.
How is Clearfield County Property Tax penalty calculated ?
Clearfield County calculates its property tax penalty based on a percentage of the unpaid taxes. The penalty is applied to the delinquent amount each month until the taxes are paid in full. Here is an example of how the penalty is calculated:
| Month | Delinquent Amount | Penalty Percentage | Penalty Amount |
|---|---|---|---|
| Jan | $1,000 | 1% | $10 |
| Feb | $1,010 | 2% | $20.20 |
| Mar | $1,030.20 | 3% | $30.91 |
| Apr | $1,061.11 | 4% | $42.44 |
| May | $1,103.55 | 5% | $55.18 |
| Jun | $1,158.73 | 6% | $69.52 |
| Jul | $1,228.25 | 7% | $85.98 |
| Aug | $1,314.23 | 8% | $105.14 |
| Sep | $1,419.37 | 9% | $127.75 |
| Oct | $1,547.12 | 10% | $154.71 |
In this example, the property owner has an unpaid tax amount of $1,000 in January. The penalty for that month is calculated at 1% of the delinquent amount, which is $10. In February, the delinquent amount is $1,010 and the penalty is calculated at 2% of the delinquent amount, which is $20.20. This process continues each month until the taxes are paid in full.
It is important for property owners to pay their taxes on time to avoid penalties and to keep their properties in good standing with Clearfield County. If a property owner is unable to pay their taxes in full, they should contact the county treasurer’s office to discuss payment options and avoid accruing additional penalties.
We recommend contacting the Clearfield County Tax Office or a local tax professional for the most up-to-date and accurate information.