Wall, Pennsylvania Property Taxes
The median property tax rate in Wall, PA is 3.89%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Wall at $33,050, the typical annual property tax bill reaches $981, which is below the national median of $2,690. Property taxes in Wall 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 Wall'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 Wall 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
Wall, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.89%
Estimate Property Tax Bill
$1,286
Ownwell’s WALL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WALL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WALL 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 Wall, Pennsylvania
Property taxes in Wall, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Wall is 3.89%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Wall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wall 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 Wall's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15148 zip code has the highest median property tax rate of 3.89%, while the same zip code also has the lowest median tax rate of 3.89%. Understanding how these cities compare with Wall 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 Wall Tax Rate
3.89%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wall, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15148 | 1.41% | 2.23% | 3.89% | 3.89% | 3.89% |
Source: Ownwell
Property Tax Assessment Values Across Wall, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Wall, Pennsylvania. 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 Wall, 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. The median home price in Wall is $33,050, with tax bills ranging from $617 at the 25th percentile to $1,955 at the 90th percentile. The zip code 15148 has both the highest and lowest median tax bill of $981. Being aware of these valuation processes in Wall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wall Assessed Value
$33,050
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 Wall, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15148 | $16,170 | $22,250 | $33,050 | $45,575 | $60,090 |
Source: Ownwell
Property Tax Bills Across Wall, Pennsylvania
In WALL, property tax bills are determined based on the assessed value of a home, which is derived from the market value. The local tax rate is then applied to this assessed value to calculate the tax bill. For example, with a median home price of $33,050, homeowners can expect varying tax bills depending on their property's assessed value and any applicable exemptions. Several factors influence the final tax bill, including the property's location within Allegheny County and any local tax levies. The tax bill can range significantly, with the 25th percentile at $617 and the 75th percentile reaching $1,481. At the higher end, the 90th percentile tax bill is $1,955. Comparatively, the national median property tax rate is 0.99%, making WALL's property tax rates relatively moderate. These taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Wall Tax Bill
$981
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Wall, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15148 | $339 | $617 | $981 | $1,481 | $1,955 |
Source: Ownwell