Pleasant Mount, Pennsylvania Property Taxes
The median property tax rate in Pleasant Mount, PA is 2.17%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Pleasant Mount at $201,800, the typical annual property tax bill reaches $4,383, exceeding the national median of $2,690. Property taxes in Pleasant Mount 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 Pleasant Mount'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 Pleasant Mount 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
Pleasant Mount, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.17%
Estimate Property Tax Bill
$4,379
Ownwell’s Pleasant Mount Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasant Mount with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasant Mount 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 Pleasant Mount, Pennsylvania
Property taxes in Pleasant Mount, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasant Mount is 2.17%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Pleasant Mount set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasant Mount 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 Pleasant Mount's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18453 zip code has both the highest and lowest median property tax rate of 2.17%. Understanding how these cities compare with Pleasant Mount provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasant Mount Tax Rate
2.17%
Average Wayne County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasant Mount, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18453 | 2.17% | 2.17% | 2.17% | 2.17% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Pleasant Mount, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pleasant Mount, PA. 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 Wayne 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. Assessment notices in Pleasant Mount 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. For instance, the highest median tax bill in Pleasant Mount is $4,383 in zip code 18453. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pleasant Mount, Pennsylvania
Source: Ownwell
$7,000
$250,600
$494,200
Average Pleasant Mount Assessed Value
$201,800
Average Wayne County Assessed Value
$179,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasant Mount, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18453 | $77,220 | $142,800 | $201,800 | $263,100 | $344,060 |
Source: Ownwell
Property Tax Bills Across Pleasant Mount, Pennsylvania
In Pleasant Mount, property tax bills are calculated based on the assessed value of a property and the tax rate set by Wayne County. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Pleasant Mount can expect a wide range of tax bills, influenced by factors such as property size, location, and market conditions. For instance, the median home price in Pleasant Mount is $201,800, leading to varying tax bills across different percentiles. At the 25th percentile, homeowners might pay around $3,106, while those at the 75th percentile may see bills as high as $5,771. The top 10% of homeowners could face tax bills up to $7,527. This variation significantly impacts homeowners, as higher property values and rates can lead to substantial annual tax obligations. Compared to the national median property tax rate of 0.99%, Pleasant Mount's rates reflect the local economic conditions and funding needs of the community.
Average Pleasant Mount Tax Bill
$4,383
Average Wayne County Tax Bill
$4,013
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasant Mount, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18453 | $1,696 | $3,106 | $4,383 | $5,771 | $7,527 |
Source: Ownwell