Slovan, Pennsylvania Property Taxes
The median property tax rate in Slovan, PA is 1.74%, notably higher than the national median of 0.99% but still below the Pennsylvania state median of 2.81%. With a median home value of $71,050 in Slovan, the typical annual property tax bill amounts to $1,234, which is less than the national median of $2,690. Property taxes in Slovan are based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Slovan's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're in the heart of Slovan or elsewhere in Washington County, gaining insight into the local property tax system is advantageous.
Last Updated June 14, 2024
Slovan, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.74%
Estimate Property Tax Bill
$1,236
Ownwell’s Slovan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Slovan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Slovan 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 Slovan, Pennsylvania
Property taxes in Slovan, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Slovan is 1.74%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Slovan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Slovan 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 Slovan's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15078 zip code has the highest median property tax rate of 1.74%, while the same zip code has the lowest median tax rate of 1.74%. Understanding how these cities compare with Slovan 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 Slovan Tax Rate
1.74%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Slovan, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15078 | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Slovan, Pennsylvania
In Slovan, 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 Slovan, 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. The median home price in Slovan is $71,050, with property tax bills ranging from $889 at the 25th percentile to $2,796 at the 90th percentile. The highest and lowest median tax bills are both found in zip code 15078, each at $1,234. By understanding 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 Slovan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Slovan Assessed Value
$71,050
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 Slovan, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15078 | $17,980 | $51,200 | $71,050 | $107,600 | $160,930 |
Source: Ownwell
Property Tax Bills Across Slovan, Pennsylvania
In Slovan, Washington County, PA, property tax bills are calculated based on the assessed value of a home, not its market value. The local tax rate is applied to this assessed value to determine the annual tax bill. For example, with a median home price of $71,050, homeowners can expect varying tax bills depending on specific factors such as location and property characteristics. The 25th percentile tax bill in Slovan is $889, while the 75th percentile reaches $1,869, and the 90th percentile can be as high as $2,796. These property taxes fund essential local services, including schools, public safety, and infrastructure. Homeowners in Slovan, therefore, benefit directly from their contributions. However, the tax burden can vary significantly, with the highest and lowest median tax bills reported at $1,234 in the 15078 zip code. Compared to the national median property tax rate of 0.99%, Slovan's tax rates can influence homeowners' financial planning and long-term investment in their properties.
Average Slovan Tax Bill
$1,234
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Slovan, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15078 | $312 | $889 | $1,234 | $1,869 | $2,796 |
Source: Ownwell