Mcmurray, Pennsylvania Property Taxes
The median property tax rate in McMurray, PA is 1.92%, nearly double the national median of 0.99% but still lower than the Pennsylvania state median of 2.81%. With a median home value of $43,200 in McMurray, the typical annual property tax bill amounts to $829, which is significantly below the national median of $2,690. Property taxes in McMurray are determined based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding McMurray'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 McMurray or another part of Washington County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mcmurray, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.92%
Estimate Property Tax Bill
$829
Ownwell’s McMurray Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in McMurray with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in McMurray 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 Mcmurray, Pennsylvania
Property taxes in McMurray, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in McMurray is 1.92%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within McMurray set these rates annually, and they can vary across different neighborhoods. Each year, McMurray 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 McMurray's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15317 has both the highest and lowest median property tax rate of 1.92%. Understanding how these cities compare with McMurray 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 Mcmurray 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 Mcmurray, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15317 | 1.92% | 1.92% | 1.92% | 1.92% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across Mcmurray, Pennsylvania
In McMurray, 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 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 McMurray, 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 McMurray helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in McMurray is $43,200, with the tax bill consistently around $829, regardless of the zip code, such as 15317.
Average Mcmurray Assessed Value
$43,200
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 Mcmurray, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15317 | $43,200 | $43,200 | $43,200 | $43,200 | $43,200 |
Source: Ownwell
Property Tax Bills Across Mcmurray, Pennsylvania
In MCMURRAY, located in Washington County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local government assessors and is a percentage of the property's market value. Homeowners in MCMURRAY face a median property tax bill of $829, which is significantly lower than the national median property tax rate of 0.99%. Factors that influence the tax bill include the property's assessed value and the local tax rate set by the county. The uniformity in tax bills, with the 25th, 75th, and 90th percentiles all being $829, suggests a standardized assessment approach in this area. This consistency can provide homeowners with a predictable tax obligation, making financial planning easier. Ultimately, understanding these factors helps homeowners anticipate their property tax responsibilities, ensuring they are better prepared for annual expenses and any potential appeals or exemptions they might qualify for.
Average Mcmurray Tax Bill
$829
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mcmurray, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15317 | $829 | $829 | $829 | $829 | $829 |
Source: Ownwell