Beallsville, Pennsylvania Property Taxes
The median property tax rate in Beallsville, PA is 1.70%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Beallsville, the typical annual property tax bill reaches $1,490, which is below the national median of $2,690. Property taxes in Beallsville 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 Beallsville'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 Beallsville 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
Beallsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.7%
Estimate Property Tax Bill
$1,488
Ownwell’s Beallsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beallsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beallsville 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 Beallsville, Pennsylvania
Property taxes in Beallsville, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beallsville is 1.70%, significantly higher than the U.S. national median of 0.99%. Local government entities within Beallsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beallsville 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 Beallsville's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15313 has both the highest and lowest median property tax rate of 1.70%. Understanding how these areas compare with Beallsville provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beallsville Tax Rate
1.70%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beallsville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15313 | 1.70% | 1.70% | 1.70% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Beallsville, Pennsylvania
In Beallsville, 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 Washington County Appraisal District 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 Beallsville, 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 Beallsville 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 $1,490 in the 15313 zip code, while the lowest is also $1,490 in the same zip code.
Property Tax Assessment Values Across Beallsville, Pennsylvania
Source: Ownwell
$19,250
$193,475
$367,700
Average Beallsville Assessed Value
$87,500
Average Washington County Assessed Value
$129,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beallsville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15313 | $52,200 | $72,500 | $87,500 | $116,000 | $154,100 |
Source: Ownwell
Property Tax Bills Across Beallsville, Pennsylvania
In Beallsville, Washington County, PA, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value, which is periodically evaluated by local authorities. The tax rate, expressed as a millage rate, is applied to this assessed value to calculate the annual tax bill. For instance, with a median home price of $87,500, homeowners can expect varying tax bills based on the assessed value and specific tax rate. Several factors influence the tax bill, including property location, home improvements, and changes in market conditions. Homeowners in Beallsville experience tax bills ranging from the 25th percentile at $1,234 to the 75th percentile at $1,987, with the 90th percentile reaching $2,624. Compared to the national median property tax rate of 0.99%, Beallsville's tax rates reflect the local economic conditions and funding needs for public services. These taxes significantly impact homeowners by contributing to municipal services, schools, and infrastructure, thereby affecting overall living costs and community quality.
Average Beallsville Tax Bill
$1,490
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Beallsville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15313 | $889 | $1,234 | $1,490 | $1,987 | $2,624 |
Source: Ownwell