Swissvale, Pennsylvania Property Taxes
The median property tax rate in Swissvale, PA, is 3.59%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Swissvale at $170,200, the typical annual property tax bill reaches $6,069, far exceeding the national median of $2,690. Property taxes in Swissvale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Swissvale'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 Swissvale 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
Swissvale, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.59%
Estimate Property Tax Bill
$6,110
Ownwell’s Swissvale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Swissvale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Swissvale 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 Allegheny County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Swissvale, Pennsylvania
Property taxes in Swissvale, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Swissvale is 3.59%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Swissvale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Swissvale 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 Swissvale's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 15218 zip code has the highest median property tax rate of 3.59%, while the same 15218 zip code also has the lowest median tax rate of 3.59%. Understanding how these areas compare with Swissvale 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 Swissvale Tax Rate
3.59%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Swissvale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15218 | 3.30% | 3.42% | 3.59% | 3.76% | 3.89% |
Source: Ownwell
Property Tax Assessment Values Across Swissvale, Pennsylvania
In Swissvale, 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 Swissvale, 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 Swissvale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Swissvale are both $6,069, found in the 15218 zip code.
Average Swissvale Assessed Value
$170,200
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 Swissvale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15218 | $107,760 | $133,050 | $170,200 | $246,200 | $367,530 |
Source: Ownwell
Property Tax Bills Across Swissvale, Pennsylvania
In Swissvale, Allegheny County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $170,200, homeowners can expect varying tax bills. At the 25th percentile, the tax bill is around $4,652, while at the 75th percentile, it rises to approximately $8,978. For those in the 90th percentile, the tax bill can reach up to $13,861. These figures reflect how property taxes can significantly impact homeowners, with Swissvale's property tax rates being notably higher than the national median property tax rate of 0.99%. Consequently, understanding the assessed value and local tax rates is crucial for homeowners in Swissvale, as it directly influences their annual financial obligations. The highest and lowest median tax bills in the area are both $6,069, found in the 15218 zip code.
Average Swissvale Tax Bill
$6,069
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Swissvale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15218 | $3,593 | $4,652 | $6,069 | $8,978 | $13,861 |
Source: Ownwell