Brier Hill, Pennsylvania Property Taxes
The median property tax rate in Brier Hill, PA is 0.81%, which is lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Brier Hill at $69,595, the typical annual property tax bill amounts to $565, significantly below the national median of $2,690. Property taxes in Brier Hill are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, including primary residence and agricultural exemptions. Understanding Brier Hill's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Brier Hill or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brier Hill, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$564
Ownwell’s Brier Hill Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Brier Hill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brier Hill to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available as you scroll down. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Brier Hill, Pennsylvania
Property taxes in Brier Hill, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brier Hill is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Brier Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brier Hill 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 Brier Hill's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15415 has both the highest and lowest median property tax rate of 0.81%. Understanding how these cities compare with Brier Hill provides valuable insights into the varying tax landscape across Fayette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brier Hill Tax Rate
0.81%
Average Fayette County Tax Rate
0.87%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brier Hill, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15415 | 0.80% | 0.80% | 0.81% | 0.83% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Brier Hill, Pennsylvania
In Brier Hill, 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 Fayette 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 Brier Hill, 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 Brier Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $69,595, with the highest and lowest median tax bill both being $565 in zip code 15415.
Property Tax Assessment Values Across Brier Hill, Pennsylvania
Source: Ownwell
$15,915
$211,818
$407,720
Average Brier Hill Assessed Value
$69,595
Average Fayette County Assessed Value
$51,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brier Hill, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15415 | $61,431 | $64,492 | $69,595 | $74,698 | $77,759 |
Source: Ownwell
Property Tax Bills Across Brier Hill, Pennsylvania
In Brier Hill, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Brier Hill is $69,595, and the property tax rate in Fayette County is applied to this assessed value to determine the tax bill. Factors such as property size, location, and market conditions influence the assessed value. Homeowners in Brier Hill can expect their property tax bills to vary. The 25th percentile tax bill is $531, while the 75th percentile is $598. For those at the higher end, the 90th percentile tax bill reaches $618. These figures provide a range of what homeowners might pay annually in property taxes. Compared to the national median property tax rate of 0.99%, the tax bills in Brier Hill are relatively modest. This can offer some financial relief to homeowners, making it an attractive location for those seeking lower property tax obligations.
Average Brier Hill Tax Bill
$565
Average Fayette County Tax Bill
$548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Brier Hill, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15415 | $511 | $531 | $565 | $598 | $618 |
Source: Ownwell