Pitcairn, Pennsylvania Property Taxes
The median property tax rate in Pitcairn, PA is 3.57%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Pitcairn at $38,200, the typical annual property tax bill reaches $1,115, exceeding the national median of $2,690. Property taxes in Pitcairn 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 Pitcairn'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 Pitcairn 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
Pitcairn, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.57%
Estimate Property Tax Bill
$1,364
Ownwell’s Pitcairn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pitcairn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pitcairn 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 Pitcairn, Pennsylvania
Property taxes in Pitcairn, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pitcairn is 3.57%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Pitcairn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pitcairn 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 Pitcairn's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15140 zip code has both the highest and the lowest median property tax rate of 3.57%. Understanding how these cities compare with Pitcairn 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 Pitcairn Tax Rate
3.57%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pitcairn, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15140 | 1.63% | 2.14% | 3.57% | 3.57% | 3.57% |
Source: Ownwell
Property Tax Assessment Values Across Pitcairn, Pennsylvania
In Pitcairn, 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 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 Pitcairn, 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 Pitcairn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Pitcairn, the zip code with the highest median tax bill is 15140, with a median tax bill of $1,115.
Average Pitcairn Assessed Value
$38,200
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 Pitcairn, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15140 | $20,010 | $29,200 | $38,200 | $49,100 | $65,090 |
Source: Ownwell
Property Tax Bills Across Pitcairn, Pennsylvania
In Pitcairn, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in Pitcairn stands at $38,200, and the property tax rate in Allegheny County is applied to this assessed value to calculate the tax bill. Factors such as property size, location, and any improvements made to the property can influence the assessed value. Homeowners in Pitcairn can expect their annual tax bills to vary significantly, with the 25th percentile tax bill at $736, the 75th percentile at $1,529, and the 90th percentile reaching $2,022. Compared to the national median property tax rate of 0.99%, Pitcairn's tax bills reflect the local economic conditions and property values. For homeowners, understanding these factors is crucial as they directly impact their yearly financial obligations. Accurate assessments and staying informed about local tax rates can help homeowners manage their budgets more effectively.
Average Pitcairn Tax Bill
$1,115
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Pitcairn, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15140 | $443 | $736 | $1,115 | $1,529 | $2,022 |
Source: Ownwell