Wilkinsburg, Pennsylvania Property Taxes
The median property tax rate in Wilkinsburg, PA is 3.97%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Wilkinsburg at $38,100, the typical annual property tax bill reaches $1,412, exceeding the national median of $2,690. Property taxes in Wilkinsburg 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 Wilkinsburg'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 Wilkinsburg 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
Wilkinsburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.97%
Estimate Property Tax Bill
$1,513
Ownwell’s Wilkinsburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilkinsburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilkinsburg 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 Wilkinsburg, Pennsylvania
Property taxes in Wilkinsburg, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilkinsburg is 3.97%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Wilkinsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilkinsburg 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 Wilkinsburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15221 zip code has the highest median property tax rate of 3.97%, while the 15221 zip code also has the lowest median tax rate of 3.97%. Understanding how these cities compare with Wilkinsburg 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 Wilkinsburg Tax Rate
3.97%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilkinsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15221 | 2.09% | 3.02% | 3.97% | 4.32% | 4.32% |
Source: Ownwell
Property Tax Assessment Values Across Wilkinsburg, Pennsylvania
In Wilkinsburg, 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 Wilkinsburg, 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 Wilkinsburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area both stand at $1,412, specifically in the 15221 zip code.
Property Tax Assessment Values Across Wilkinsburg, Pennsylvania
Source: Ownwell
$16,750
$307,350
$597,950
Average Wilkinsburg Assessed Value
$38,100
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 Wilkinsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15221 | $13,870 | $26,275 | $38,100 | $77,075 | $123,460 |
Source: Ownwell
Property Tax Bills Across Wilkinsburg, Pennsylvania
In Wilkinsburg, property tax bills are calculated based on the assessed value of a home, which is determined by the Allegheny County assessment office. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. For example, the median home price in Wilkinsburg is $38,100, and the median tax bill is $1,412. Factors such as the property’s location, size, and condition can influence the assessed value. Homeowners in Wilkinsburg can expect tax bills to vary significantly, with the 25th percentile tax bill at $831 and the 90th percentile reaching up to $4,478. These taxes fund local services such as schools, public safety, and infrastructure, directly impacting the quality of life in the community. Compared to the national median property tax rate of 0.99%, Wilkinsburg homeowners face a varied but often higher tax burden, underscoring the importance of understanding and potentially appealing property assessments.
Average Wilkinsburg Tax Bill
$1,412
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilkinsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15221 | $447 | $831 | $1,412 | $2,687 | $4,478 |
Source: Ownwell