Waynesburg, Pennsylvania Property Taxes
The median property tax rate in Waynesburg, PA is 3.94%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Waynesburg, the typical annual property tax bill reaches $2,020, which is still below the national median of $2,690 despite the high tax rate. Property taxes in Waynesburg are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Waynesburg'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 Waynesburg 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
Waynesburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.94%
Estimate Property Tax Bill
$1,896
Ownwell’s Waynesburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Waynesburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waynesburg 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 Waynesburg, Pennsylvania
Property taxes in Waynesburg, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waynesburg is 3.94%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Waynesburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waynesburg 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 Waynesburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15370 zip code has the highest median property tax rate of 3.94%, while the same zip code also has the lowest median tax rate of 3.94%. Understanding how these areas compare with Waynesburg 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 Waynesburg Tax Rate
3.94%
Average Greene County Tax Rate
3.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Waynesburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15370 | 3.17% | 3.94% | 3.94% | 4.81% | 4.81% |
Source: Ownwell
Property Tax Assessment Values Across Waynesburg, Pennsylvania
In Waynesburg, 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 Waynesburg, 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 Waynesburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15370 has both the highest and lowest median tax bills, each at $2,020.
Average Waynesburg Assessed Value
$48,110
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 Waynesburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15370 | $11,850 | $27,455 | $48,110 | $82,590 | $134,678 |
Source: Ownwell
Property Tax Bills Across Waynesburg, Pennsylvania
In Waynesburg, located in Greene County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by local tax authorities. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Waynesburg can expect a median home price of $48,110. The tax bill can vary significantly, with the 25th percentile at $1,156 and the 75th percentile reaching $3,326, while the 90th percentile can go as high as $5,135. The highest and lowest median tax bills are both $2,020, indicating a relatively uniform tax rate within the same zip code. These property tax bills can have a substantial impact on homeowners, influencing their overall housing costs and budgeting. Compared to the national median property tax rate of 0.99%, Waynesburg's property taxes can be considered moderate, but the actual financial burden varies widely depending on the specific assessed value of each property.
Average Waynesburg Tax Bill
$2,020
Average Greene County Tax Bill
$1,387
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Waynesburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15370 | $506 | $1,156 | $2,020 | $3,326 | $5,135 |
Source: Ownwell