Southview, Pennsylvania Property Taxes
The median property tax rate in Southview, PA is 1.90%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Southview, the typical annual property tax bill reaches $1,667, which is below the national median of $2,690. Property taxes in Southview 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 Southview'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 Southview 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
Southview, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.9%
Estimate Property Tax Bill
$1,663
Ownwell’s Southview Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Southview with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Southview 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 Southview, Pennsylvania
Property taxes in Southview, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Southview is 1.90%, which is significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Southview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Southview 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 Southview's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15361 zip code has the same median property tax rate of 1.90%. Understanding how these areas compare with Southview 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 Southview Tax Rate
1.90%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Southview, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15361 | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Southview, Pennsylvania
In Southview, 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 Southview, 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 Southview helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 15361, with a median tax bill of $1667.
Average Southview Assessed Value
$87,550
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 Southview, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15361 | $64,720 | $73,750 | $87,550 | $103,975 | $149,160 |
Source: Ownwell
Property Tax Bills Across Southview, Pennsylvania
In Southview, Washington County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $87,550, homeowners can expect a range of tax bills depending on specific factors like property location and exemptions. The 25th percentile tax bill is around $1,404, while the 75th percentile tax bill reaches approximately $1,979. At the 90th percentile, some homeowners may see tax bills as high as $2,839. These tax bills are influenced by several factors, including the home's assessed value, any applicable exemptions, and the local tax rate. Compared to the national median property tax rate of 0.99%, Southview's rates may seem higher, affecting homeowners' annual financial planning. Understanding these factors can help homeowners better anticipate their property tax obligations and manage their budgets accordingly.
Average Southview Tax Bill
$1,667
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Southview, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15361 | $1,214 | $1,404 | $1,667 | $1,979 | $2,839 |
Source: Ownwell