Mount Washington, Pennsylvania Property Taxes
The median property tax rate in Mount Washington, PA is 2.30%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Mount Washington, the typical annual property tax bill reaches $1,433, exceeding the national median of $2,690. Property taxes in Mount Washington 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 Mount Washington'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 Mount Washington 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
Mount Washington, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.3%
Estimate Property Tax Bill
$1,551
Ownwell’s Mount Washington Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Mount Washington. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Mount Washington to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, making it easier to plan and budget. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by Allegheny County, is essential for calculating property taxes and includes any applicable exemptions.
Property Tax Rates Across Mount Washington, Pennsylvania
Property taxes in Mount Washington, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mount Washington is 2.30%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mount Washington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mount Washington 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 Mount Washington's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 15211 zip code has the highest median property tax rate of 2.30%, while the same 15211 zip code also has the lowest median tax rate of 2.30%. Understanding how these rates compare with Mount Washington 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 Mount Washington Tax Rate
2.30%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mount Washington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15211 | 1.62% | 1.79% | 2.30% | 2.30% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Mount Washington, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Mount Washington, Pennsylvania. 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 Mount Washington, 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. For example, the highest median tax bill in the area is $1,433 in zip code 15211. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mount Washington, Pennsylvania
Source: Ownwell
$16,750
$307,350
$597,950
Average Mount Washington Assessed Value
$67,450
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 Mount Washington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15211 | $47,200 | $56,975 | $67,450 | $98,000 | $182,400 |
Source: Ownwell
Property Tax Bills Across Mount Washington, Pennsylvania
In Mount Washington, Allegheny County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate, or millage rate, is then applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $67,450, homeowners might see varying tax bills depending on their property's assessed value and applicable exemptions. The tax bills in Mount Washington can vary significantly. At the 25th percentile, homeowners might pay around $1,115, while those in the 75th percentile could see bills as high as $2,193. For the top 10% of properties, tax bills can reach up to $3,885. These figures highlight the range of property tax burdens residents might face, influenced by factors such as property size, location, and improvements. Comparatively, the highest and lowest median tax bills in the area are both $1,433, aligning with the national median property tax rate of 0.99%. This consistency indicates a relatively stable tax environment within the region, impacting homeowners' financial planning and long-term investments.
Average Mount Washington Tax Bill
$1,433
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mount Washington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15211 | $915 | $1,115 | $1,433 | $2,193 | $3,885 |
Source: Ownwell