Bethel Park, Pennsylvania Property Taxes
The median property tax rate in Bethel Park, PA is 1.92%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bethel Park at $367,700, the typical annual property tax bill reaches $7,060, exceeding the national median of $2,690. Property taxes in Bethel Park 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 Bethel Park'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 Bethel Park 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
Bethel Park, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.92%
Estimate Property Tax Bill
$7,060
Ownwell’s Bethel Park Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bethel Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bethel Park 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 Bethel Park, Pennsylvania
Property taxes in Bethel Park, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bethel Park is 1.92%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Bethel Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bethel Park 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 Bethel Park's effective property tax rate to other regions in Pennsylvania and the national median. For comparison, the 15102 zip code has the highest median property tax rate of 1.92%, while the same zip code also has the lowest median tax rate of 1.92%. Understanding how these cities compare with Bethel Park provides valuable insights into the varying tax landscape across Allegheny County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bethel Park Tax Rate
1.92%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bethel Park, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15102 | 1.92% | 1.92% | 1.92% | 1.92% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across Bethel Park, Pennsylvania
In Bethel Park, 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 Bethel Park, 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 Bethel Park helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Bethel Park are both $7,060, found in the 15102 zip code.
Property Tax Assessment Values Across Bethel Park, Pennsylvania
Source: Ownwell
$19,250
$193,475
$367,700
Average Bethel Park Assessed Value
$367,700
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 Bethel Park, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15102 | $307,920 | $334,750 | $367,700 | $396,000 | $427,700 |
Source: Ownwell
Property Tax Bills Across Bethel Park, Pennsylvania
In Bethel Park, Washington County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. The tax rate is then applied to this assessed value to calculate the tax bill. Homeowners in Bethel Park face a median property tax bill of $7,060, which is higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's location, market trends, and any applicable exemptions or deductions. For instance, the tax bills in the 25th percentile are around $6,427, while those in the 75th percentile reach up to $7,603. The highest tax bills, in the 90th percentile, can go as high as $8,212. These figures indicate a significant range, impacting homeowners differently based on their property values and specific circumstances. Understanding these elements is crucial for homeowners to anticipate their tax liabilities accurately.
Average Bethel Park Tax Bill
$7,060
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bethel Park, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15102 | $5,912 | $6,427 | $7,060 | $7,603 | $8,212 |
Source: Ownwell