How much are property taxes in Eldred, PA?

Homeowners in Eldred, PA pay a median of $1,415 (±$205) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $1,488.

Homes without a mortgage pay a median of $1,381.

That is about 1.1% of the median home value of $125,900.

In Eldred, the median real estate tax went from $936 in 2015–2019 to $1,415 in 2020–2024 (+51.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median real estate taxes
$1,415 (±$205)
With a mortgage
$1,488
Without a mortgage
$1,381
Share of median value
1.1%

Real estate taxes in Eldred against McKean County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
EldredMcKean CountyPennsylvaniaUnited States
Median real estate taxes$1,415 (±$205)$1,660 (±$70)$3,311 (±$12)$3,119
Homes with a mortgage$1,488 (±$274)$1,850 (±$112)$3,649 (±$16)$3,489
Homes without a mortgage$1,381 (±$328)$1,500 (±$78)$2,819 (±$17)$2,576
Median home value$125,900 (±$20,544)$104,500 (±$4,707)$254,500 (±$767)$332,700

In Eldred, the median real estate tax is lower than in McKean County ($1,660).

It is also lower than in Pennsylvania ($3,311).

It is lower than the national figure ($3,119).

In McKean County, Eldred ranks 16 of 21 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 2143 of 2,546.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Eldred

The median tax ($1,415) is 1.1% of the median home value ($125,900).

Across McKean County the same ratio is 1.6%.

Across Pennsylvania it is 1.3%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Eldred have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$936 (±$75)$1,415 (±$205)+51.2%Up after inflation
Median home value$81,100 (±$15,887)$125,900 (±$20,544)+55.2%No measurable change after inflation
Median owner cost with a mortgage$837 (±$132)$1,330 (±$285)+58.9%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Eldred

Nearest places with a published estimate, compared with Eldred
PlaceDistanceMedian real estate taxesCompared with this place
Eldred—$1,415 (±$205)—
Eldred Township (McKean County)2.9 mi$1,508 (±$288)Not measurably different
Otto Township5.3 mi$1,079 (±$261)Lower
Village of Portville6.0 mi$3,329 (±$241)Higher
Ceres Township6.3 mi$1,348 (±$229)Not measurably different
Annin Township6.6 mi$1,667 (±$125)Higher
Town of Portville7.2 mi$2,928 (±$391)Higher
Town of Olean7.6 mi$4,027 (±$636)Higher
Weston Mills8.0 mi$3,393 (±$927)Higher

Nearby places with a measurably lower figure: Otto Township, PA ($1,079).

Nearby places with a measurably higher figure: Village of Portville, NY ($3,329), Annin Township, PA ($1,667), Town of Portville, NY ($2,928).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across McKean County, place by place

RankPlaceMedian real estate taxes
10Corydon Township$1,528 (±$364)
11Eldred Township (McKean County)$1,508 (±$288)
12Hamlin Township$1,486 (±$255)
13Lafayette Township$1,480 (±$378)
14Kane$1,470 (±$169)
15Liberty Township (McKean County)$1,433 (±$194)
16Eldred$1,415 (±$205)
17Norwich Township$1,395 (±$475)
18Ceres Township$1,348 (±$229)
19Mount Jewett$1,225 (±$156)
20Hamilton Township (McKean County)$1,182 (±$335)
21Otto Township$1,079 (±$261)

Showing 12 of 21 places in McKean County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Eldred

How much are property taxes in Eldred?

The median real estate tax paid by homeowners in Eldred, PA is $1,415 (±$205) a year (2020–2024 American Community Survey).

What is the property tax rate in Eldred?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.1% of the median home value in Eldred, and the actual rate is set by the town, county and school district.

Have property taxes in Eldred gone up?

In Eldred, the median real estate tax went from $936 in 2015–2019 to $1,415 in 2020–2024 (+51.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Are property taxes in Eldred higher than in McKean County?

In Eldred, the median real estate tax is lower than in McKean County ($1,660).

It is also lower than in Pennsylvania ($3,311).

It is lower than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Eldred borough, Pennsylvania (place:22888, in state:42).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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