Buena Vista, Pennsylvania Property Taxes
The median property tax rate in Buena Vista, PA is 2.89%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Buena Vista at $52,400, the typical annual property tax bill reaches $1,481, exceeding the national median of $2,690. Property taxes in Buena Vista are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Buena Vista's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Buena Vista or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Buena Vista, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.89%
Estimate Property Tax Bill
$1,514
Ownwell’s Buena Vista Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Buena Vista with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Buena Vista to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Buena Vista, Pennsylvania
Property taxes in Buena Vista, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Buena Vista is 2.89%, significantly higher than the U.S. national median of 0.99%. Local government entities within Buena Vista set these rates annually, and they can vary significantly across different neighborhoods. Each year, Buena Vista estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Buena Vista's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15018 has the highest median property tax rate of 2.89%, while the same zip code also has the lowest median tax rate of 2.89%. Understanding how these cities compare with Buena Vista provides valuable insights into the varying tax landscape across Allegheny County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Buena Vista Tax Rate
2.89%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Buena Vista, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15018 | 2.00% | 2.40% | 2.89% | 3.50% | 3.50% |
Source: Ownwell
Property Tax Assessment Values Across Buena Vista, Pennsylvania
In Buena Vista, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Allegheny County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Buena Vista, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. With a median home price of $52,400, property tax bills can vary significantly. For instance, the 25th percentile tax bill is $954, while the 75th percentile reaches $2,068, and the 90th percentile can be as high as $2,845. The highest and lowest median tax bills in the area are both $1,481, found in zip code 15018. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Property Tax Assessment Values Across Buena Vista, Pennsylvania
Source: Ownwell
$16,750
$307,350
$597,950
Average Buena Vista Assessed Value
$52,400
Average Allegheny County Assessed Value
$108,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Buena Vista, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15018 | $23,920 | $39,900 | $52,400 | $70,950 | $98,260 |
Source: Ownwell
Property Tax Bills Across Buena Vista, Pennsylvania
In Buena Vista, located in Allegheny County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county's property assessor. The median home price in Buena Vista is $52,400. Homeowners can expect tax bills to vary significantly depending on various factors such as property size, location, and any improvements made to the property. For example, tax bills in Buena Vista range from the 25th percentile at $954 to the 75th percentile at $2,068, with the 90th percentile reaching up to $2,845. These figures indicate that property taxes can represent a significant portion of a homeowner's annual expenses. It's important to note that the median property tax rate in this area is relatively high compared to the national median property tax rate of 0.99%. Understanding how these tax bills are calculated helps homeowners plan their finances better and explore potential appeal options if they believe their property has been over-assessed.
Average Buena Vista Tax Bill
$1,481
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Buena Vista, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15018 | $521 | $954 | $1,481 | $2,068 | $2,845 |
Source: Ownwell