Mc Kees Rocks, Pennsylvania Property Taxes
The median property tax rate in MC KEES ROCKS, PA is 2.50%, significantly higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With a median home value of $85,000 in MC KEES ROCKS, the typical annual property tax bill amounts to $2,393, which is below the national median of $2,690. Property taxes in MC KEES ROCKS are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding MC KEES ROCKS'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 MC KEES ROCKS 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
Mc Kees Rocks, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.5%
Estimate Property Tax Bill
$2,125
Ownwell’s MC KEES ROCKS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MC KEES ROCKS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MC KEES ROCKS 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 Mc Kees Rocks, Pennsylvania
Property taxes in MC KEES ROCKS, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in MC KEES ROCKS is 2.50%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within MC KEES ROCKS set these rates annually, and they can vary significantly across different neighborhoods. Each year, MC KEES ROCKS 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 MC KEES ROCKS's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15136 has both the highest and lowest median property tax rate of 2.50%. Understanding how these areas compare with MC KEES ROCKS 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 Mc Kees Rocks Tax Rate
2.50%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mc Kees Rocks, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15136 | 2.09% | 2.24% | 2.50% | 4.05% | 4.15% |
Source: Ownwell
Property Tax Assessment Values Across Mc Kees Rocks, Pennsylvania
In MC KEES ROCKS, 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 Appraisal District 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 MC KEES ROCKS, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in MC KEES ROCKS helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15136 has the highest and lowest median tax bill, both at $2,393.
Property Tax Assessment Values Across Mc Kees Rocks, Pennsylvania
Source: Ownwell
$16,750
$307,350
$597,950
Average Mc Kees Rocks Assessed Value
$85,000
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 Mc Kees Rocks, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15136 | $21,700 | $37,600 | $85,000 | $150,200 | $236,350 |
Source: Ownwell
Property Tax Bills Across Mc Kees Rocks, Pennsylvania
In MC KEES ROCKS, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. For homeowners, this means that the higher the assessed value, the higher the property tax bill. The median home price in MC KEES ROCKS is $85,000, which provides a benchmark for understanding local tax bills. Property tax bills in MC KEES ROCKS vary significantly. At the 25th percentile, homeowners can expect to pay around $1,270, while those at the 75th percentile face bills of approximately $3,672. For the top 10% of tax bills, the amount can soar to about $5,751. The highest and lowest median tax bills in the area are both recorded at $2,393, indicating some uniformity in certain neighborhoods. When compared to the national median property tax rate of 0.99%, MC KEES ROCKS homeowners might experience varying degrees of financial impact based on their property's assessed value and the corresponding tax rate. This variability highlights the importance of understanding how local assessments and tax rates influence overall tax obligations.
Average Mc Kees Rocks Tax Bill
$2,393
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mc Kees Rocks, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15136 | $665 | $1,270 | $2,393 | $3,672 | $5,751 |
Source: Ownwell