Dravosburg, Pennsylvania Property Taxes
The median property tax rate in Dravosburg, PA is 2.58%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Dravosburg, the typical annual property tax bill reaches $1,579, which is below the national median of $2,690. Property taxes in Dravosburg 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 Dravosburg'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 Dravosburg 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
Dravosburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.58%
Estimate Property Tax Bill
$1,484
Ownwell’s Dravosburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dravosburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dravosburg 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 Dravosburg, Pennsylvania
Property taxes in Dravosburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dravosburg stands at 2.58%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Dravosburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dravosburg 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 Dravosburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15034 has the highest median property tax rate of 2.58%, while the same zip code also has the lowest median tax rate of 2.58%. Understanding how these cities compare with Dravosburg 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 Dravosburg Tax Rate
2.58%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dravosburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15034 | 2.04% | 2.28% | 2.58% | 3.32% | 3.32% |
Source: Ownwell
Property Tax Assessment Values Across Dravosburg, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Dravosburg, PA. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Allegheny 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 Dravosburg, 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. For example, the highest median tax bill in Dravosburg is $1,579 in the 15034 zip code. 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 Dravosburg, Pennsylvania
Source: Ownwell
$16,750
$307,350
$597,950
Average Dravosburg Assessed Value
$57,500
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 Dravosburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15034 | $36,040 | $48,200 | $57,500 | $71,600 | $84,840 |
Source: Ownwell
Property Tax Bills Across Dravosburg, Pennsylvania
In Dravosburg, located in Allegheny County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county's assessment office. This assessed value is then multiplied by the local property tax rate to arrive at the annual tax bill. Factors influencing the tax bill include the assessed value of the property, which is often lower than the market value, and the specific tax rate set by the local taxing authorities. Homeowners in Dravosburg experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $1,153, while at the 75th percentile, it rises to $2,004. The 90th percentile tax bill reaches $2,466. The median home price in Dravosburg stands at $57,500, and the highest median tax bill in the area is $1,579, which is significantly higher than the national median property tax rate of 0.99%. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents.
Average Dravosburg Tax Bill
$1,579
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Dravosburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15034 | $814 | $1,153 | $1,579 | $2,004 | $2,466 |
Source: Ownwell