Natrona Heights, Pennsylvania Property Taxes
The median property tax rate in Natrona Heights, PA is 2.95%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Natrona Heights, the typical annual property tax bill reaches $2,465, which is close to the national median of $2,690. Property taxes in Natrona Heights 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 Natrona Heights'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 Natrona Heights 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
Natrona Heights, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.95%
Estimate Property Tax Bill
$2,457
Ownwell’s Natrona Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Natrona Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Natrona Heights 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 Natrona Heights, Pennsylvania
Property taxes in Natrona Heights, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Natrona Heights is 2.95%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Natrona Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Natrona Heights 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 Natrona Heights' effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15065 has the highest median property tax rate of 2.95%, while the same zip code also holds the lowest median tax rate of 2.95%. Understanding how these rates compare with Natrona Heights 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 Natrona Heights Tax Rate
2.95%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Natrona Heights, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15065 | 2.43% | 2.69% | 2.95% | 3.50% | 3.50% |
Source: Ownwell
Property Tax Assessment Values Across Natrona Heights, Pennsylvania
In Natrona Heights, 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 Natrona Heights, 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 Natrona Heights helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Natrona Heights is $2,465, while the lowest is also $2,465, both in zip code 15065.
Property Tax Assessment Values Across Natrona Heights, Pennsylvania
Source: Ownwell
$16,750
$307,350
$597,950
Average Natrona Heights Assessed Value
$83,300
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 Natrona Heights, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15065 | $22,320 | $57,600 | $83,300 | $113,000 | $154,980 |
Source: Ownwell
Property Tax Bills Across Natrona Heights, Pennsylvania
In Natrona Heights, Allegheny County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and is a percentage of the market value of the property. For homeowners in Natrona Heights, the median home price is $83,300. Property tax bills can vary significantly; for example, the 25th percentile tax bill is $1,629, while the 75th percentile tax bill reaches $3,490, and the 90th percentile tax bill can be as high as $4,863. These variations are influenced by factors such as property improvements, neighborhood changes, and local tax rates. Homeowners in Natrona Heights experience a median tax bill of $2,465, which is notably higher than the national median property tax rate of 0.99%. This higher tax bill can impact homeowners by increasing the overall cost of homeownership. Understanding how these factors contribute to property tax calculations can help homeowners better prepare for their annual tax obligations.
Average Natrona Heights Tax Bill
$2,465
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Natrona Heights, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15065 | $727 | $1,629 | $2,465 | $3,490 | $4,863 |
Source: Ownwell