Aliquippa, Pennsylvania Property Taxes
The median property tax rate in Aliquippa, PA is 6.32%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $46,100 in Aliquippa, the typical annual property tax bill reaches $2,842, slightly exceeding the national median of $2,690. Property taxes in Aliquippa are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Aliquippa'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 Aliquippa 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
Aliquippa, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.32%
Estimate Property Tax Bill
$2,914
Ownwell’s Aliquippa Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Aliquippa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aliquippa 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 Aliquippa, Pennsylvania
Property taxes in Aliquippa, Pennsylvania, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Aliquippa is 6.32%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Aliquippa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aliquippa 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 Aliquippa's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15001 zip code has the highest median property tax rate of 6.32%, while the lowest median tax rate in the same zip code is also 6.32%. Understanding how these cities compare with Aliquippa provides valuable insights into the varying tax landscape across Beaver County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aliquippa Tax Rate
6.32%
Average Beaver County Tax Rate
6.15%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aliquippa, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15001 | 5.30% | 6.15% | 6.32% | 6.32% | 7.02% |
Source: Ownwell
Property Tax Assessment Values Across Aliquippa, Pennsylvania
In Aliquippa, 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 Beaver 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 Aliquippa, 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 Aliquippa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 15001, with a tax bill of $2,842, which is above the national median property tax rate of 0.99%.
Average Aliquippa Assessed Value
$46,100
Average Beaver County Assessed Value
$44,800
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aliquippa, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15001 | $18,000 | $32,500 | $46,100 | $63,500 | $93,070 |
Source: Ownwell
Property Tax Bills Across Aliquippa, Pennsylvania
In Aliquippa, Beaver County, PA, property tax bills are calculated based on the assessed value of a home, the local tax rate, and any applicable exemptions. The assessed value is determined by the county assessor and is a percentage of the market value of the property. For homeowners in Aliquippa, the median home price is $46,100. The property tax rate in this area is compared to the national median rate of 0.99%. For instance, homeowners in the 25th percentile pay around $2,124 annually, while those in the 75th percentile face bills of approximately $3,838. At the 90th percentile, tax bills can reach up to $5,526. High property taxes can significantly impact homeowners, influencing their ability to afford their homes and potentially affecting property values. It's crucial for homeowners to understand how these taxes are calculated and to explore any available exemptions or appeal processes to manage their tax liabilities effectively.
Average Aliquippa Tax Bill
$2,842
Average Beaver County Tax Bill
$2,704
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Aliquippa, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15001 | $1,135 | $2,124 | $2,842 | $3,838 | $5,526 |
Source: Ownwell