Allegheny, Pennsylvania Property Taxes
The median property tax rate in Allegheny, PA is 2.30%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Allegheny, the typical annual property tax bill reaches $1,099, which is below the national median of $2,690. Property taxes in Allegheny 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 Allegheny'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 Allegheny 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
Allegheny, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.3%
Estimate Property Tax Bill
$1,166
Ownwell’s Allegheny Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Allegheny with just two simple data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Allegheny to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax liabilities. For those interested in neighborhood-specific trends, further localized information is available below. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Allegheny, Pennsylvania
Property taxes in Allegheny, PA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Allegheny is 2.30%, significantly higher than the U.S. national median of 0.99%. Local government entities within Allegheny set these rates annually, and they can vary significantly across different neighborhoods. Each year, Allegheny 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 Allegheny's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15212 zip code has the highest median property tax rate of 2.30%, while the 15212 zip code also has the lowest median tax rate of 2.30%. Understanding how these areas compare with Allegheny 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 Allegheny Tax Rate
2.30%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Allegheny, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15212 | 1.66% | 2.06% | 2.30% | 2.30% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Allegheny, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Allegheny, 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 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 Allegheny 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. For instance, the median home price in Allegheny is $50,700, with tax bills ranging from $849 at the 25th percentile to $1,544 at the 75th percentile. The 90th percentile tax bill can go as high as $2,604. The zip code 15212 has the highest and lowest median tax bill at $1,099. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Allegheny Assessed Value
$50,700
Average Allegheny County Assessed Value
$108,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Allegheny, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15212 | $29,040 | $41,750 | $50,700 | $68,150 | $126,720 |
Source: Ownwell
Property Tax Bills Across Allegheny, Pennsylvania
Property tax bills in Allegheny County, PA, are calculated based on the assessed value of a homeowner's property. This assessed value is determined by the county's assessment office and is meant to reflect the property's market value. Once the assessed value is established, local tax rates, known as millage rates, are applied to calculate the annual tax bill. For instance, in Allegheny County, the median home price is $50,700, and property tax bills can vary significantly. Homeowners at the 25th percentile pay around $849 annually, while those at the 75th percentile face bills of approximately $1,544. At the 90th percentile, tax bills can reach up to $2,604. The highest and lowest median tax bills both stand at $1,099 in the 15212 zip code. These property taxes fund essential public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Allegheny County's tax rates can be a crucial factor for homeowners when budgeting for annual expenses.
Average Allegheny Tax Bill
$1,099
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Allegheny, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15212 | $598 | $849 | $1,099 | $1,544 | $2,604 |
Source: Ownwell