Real Estate Taxes
Real Estate Taxes
Real estate taxes are based on the assessed value of your property, as determined by the Centre County Board of Assessment. The County, School District and Borough each levy taxes on real estate.
Centre County's tax is paid to the Centre County Tax Office, Willowbank Building, 420 Holmes Street, Bellefonte, Pennsylvania, 16823. Their telephone number is 814-355-6805.
Borough and School District real estate taxes for properties located within the State College Borough are paid to the State College Borough Tax Office. If payment is made within the first two months after the billing date, a 2 percent discount is allowed. Payments made during the following two months are due at face value. A 10 percent penalty is assessed on payments made more than four months after the billing date.
Installment payment options are now available for the State College Area School District Real Estate Taxes. Effective July 1, 2007, residential homeowners may be eligible for installment payments. Contact the State College Area School District for more information.
Tax bills are mailed to the last known address of the property owner. It is the taxpayer's responsibility to notify the County Board of Assessment of any name and/or address changes. If taxpayers have misplaced the name and address correction form provided with their tax statements, the Borough tax office can be contacted to provide a substitute change form. Failure to receive a tax bill does not relieve the taxpayer of responsibility for paying taxes on time.
If you have other questions regarding the real estate tax, contact the Tax Office in the State College Municipal Building.
Property Tax/Rent Rebate ProgramsThe Pennsylvania Property Tax/Rent Rebate program, available to qualified seniors & permanently disabled citizens, is administered by the Department of Revenue. Qualified claimants can be reimbursed for a portion of the amount paid in property taxes or rent in the previous year. Claimants or spouses 65 years of age or older, widows or widowers 50 years of age or older & the permanently disabled 18 years of age or older may qualify for this program. To qualify, a claimant's annual household eligibility income must not exceed the annual limit. Claimants must file by June 30. For more information, contact the PA Department of Revenue at 1-888-222-9190. Assistance may also be available by calling or visiting your local senior center, state legislator's office, or PA Department of Revenue field office.
Real Estate Taxes Paid Through Mortgage Escrow Accounts
You may be one of the many property owners who pay their real estate taxes through your mortgage payment. When the tax becomes due, the bank takes the money from your escrow account and pays the taxes for you. A duplicate copy of the tax statement is sent to the bank and the original statement is mailed to the homeowner. Because of recent trends in the banking industry, mortgages are transferred from one institution to another quite frequently. Banks and mortgage companies are required to supply the Tax Office with an updated list of their escrow accounts before each tax billing, and only tax bills for those properties listed by parcel number on the updated list are forwarded to the mortgage company. A property owner must contact their mortgage company directly if their property was not listed on the updated escrow request. For further information on this means of payment, contact the Tax Office in the State College Municipal Building.
Important Notice for Homeowners in the Borough of State College
In 2006, the State College Borough Council enacted a property tax Homestead Exclusion which results in a reduction of Borough property taxes on qualified owner occupied dwellings used as the owner’s primary residence. Please note that the Homestead Exclusion is not automatically granted to homeowners. In order to qualify for the exclusion, homeowners must complete and file an “Application for Homestead and Farmstead Exclusions” with the Centre County Assessment Office on or before the last day of the calendar year. For example, to be considered for a 2013 exclusion, an eligible homeowner must file a valid application with the Assessment Office on or before December 31, 2012. Eligible Homeowners are encouraged to apply for the Homestead Exclusion. You may contact the Assessment Office at:
Centre County Tax Assessment Office
420 Holmes Street
Bellefonte PA 16823
Telephone: (814) 355-6721
Centre County Application for Homestead and Farmstead Exclusions
Please keep in mind that taxpayers are legally responsible for notifying the county if a portion of their residence is used for commercial purposes such as a rental or home office or if they no longer use the property covered by the application as their primary residence. This requirement is explained on the “Application for Homestead and Farmstead Exclusion.”
It is important to note that the reduction does not currently apply to Centre County property taxes.
For information regarding the State College Area School District Homestead/Farmstead Exclusion, click here.