Aleppo, Pennsylvania Property Taxes
The median property tax rate in Aleppo, PA is 3.05%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Aleppo, the typical annual property tax bill reaches $1,188, exceeding the national median of $2,690. Property taxes in Aleppo 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 Aleppo'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 Aleppo 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
Aleppo, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.05%
Estimate Property Tax Bill
$1,195
Ownwell’s Aleppo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aleppo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aleppo 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 Aleppo, Pennsylvania
Property taxes in Aleppo, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aleppo is 2.15%, which is higher than both the Pennsylvania state median of 1.46% and the U.S. national median of 0.99%. Local government entities within Aleppo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aleppo 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 Aleppo's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15310 zip code has the highest median property tax rate of 2.15%, while the same zip code also has the lowest median tax rate of 2.15%. Understanding how these cities compare with Aleppo provides valuable insights into the varying tax landscape across Greene County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aleppo Tax Rate
3.05%
Average Greene County Tax Rate
3.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aleppo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15310 | 2.29% | 3.05% | 3.05% | 3.20% | 3.20% |
Source: Ownwell
Property Tax Assessment Values Across Aleppo, Pennsylvania
In Aleppo, 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 Greene 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 Aleppo, 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 Aleppo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,188 in the 15310 zip code, while the lowest is also $1,188 in the same zip code.
Average Aleppo Assessed Value
$39,180
Average Greene County Assessed Value
$35,632
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aleppo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15310 | $7,355 | $16,528 | $39,180 | $75,122 | $98,040 |
Source: Ownwell
Property Tax Bills Across Aleppo, Pennsylvania
Property tax bills in Aleppo, PA, are calculated based on the assessed value of a property, which is determined by local government assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Aleppo, the median home price is $39,180, which serves as a baseline for many homeowners. However, property tax bills can vary significantly, with the 25th percentile tax bill at $499 and the 75th percentile reaching $2,310. At the higher end, the 90th percentile tax bill is $3,015, indicating substantial variability depending on property value and other factors. The local tax rate in Aleppo is influenced by the county's financial needs and budget, which includes funding for schools, infrastructure, and emergency services. Homeowners in this area pay property taxes that can be higher or lower than the national median property tax rate of 0.99%, depending on their property's assessed value. Understanding these factors helps homeowners anticipate their tax liabilities and manage their finances accordingly.
Average Aleppo Tax Bill
$1,188
Average Greene County Tax Bill
$1,387
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Aleppo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15310 | $211 | $499 | $1,188 | $2,310 | $3,015 |
Source: Ownwell