Wilmerding, Pennsylvania Property Taxes
The median property tax rate in Wilmerding, PA is 4.47%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $28,900 in Wilmerding, the typical annual property tax bill amounts to $1,086, surpassing the national median of $2,690. Property taxes in Wilmerding are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Wilmerding's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Wilmerding or another part of Allegheny County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wilmerding, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.47%
Estimate Property Tax Bill
$1,292
Ownwell’s Wilmerding Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilmerding with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilmerding 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 Wilmerding, Pennsylvania
Property taxes in Wilmerding, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilmerding is 4.47%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Wilmerding set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilmerding 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 Wilmerding's effective property tax rate to other areas in Allegheny County and the national median. For comparison, the 15148 zip code has the highest median property tax rate of 4.47%, while the same zip code also has the lowest median tax rate of 4.47%. Understanding how these cities compare with Wilmerding 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 Wilmerding Tax Rate
4.47%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilmerding, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15148 | 1.77% | 2.71% | 4.47% | 4.47% | 4.47% |
Source: Ownwell
Property Tax Assessment Values Across Wilmerding, Pennsylvania
In Wilmerding, 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 Wilmerding, 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 Wilmerding helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15148 has the highest median tax bill at $1086.00, and the lowest median tax bill is also in the same zip code at $1086.00.
Property Tax Assessment Values Across Wilmerding, Pennsylvania
Source: Ownwell
$16,750
$307,350
$597,950
Average Wilmerding Assessed Value
$28,900
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 Wilmerding, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15148 | $12,760 | $20,000 | $28,900 | $41,500 | $58,580 |
Source: Ownwell
Property Tax Bills Across Wilmerding, Pennsylvania
In Wilmerding, located in Allegheny County, PA, property tax bills are calculated based on the assessed value of a home. The assessment is determined by the county's property assessor and reflects the estimated market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Wilmerding can expect a wide range of property tax bills. For instance, the tax bill at the 25th percentile is around $621, while at the 75th percentile, it rises to approximately $1544. For those at the 90th percentile, the tax bill can reach up to $2148. The median home price in Wilmerding is $28,900, which influences these tax calculations. Compared to the national median property tax rate of 0.99%, Wilmerding homeowners experience a relatively moderate tax burden. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly, ensuring they are well-prepared for their property tax responsibilities.
Average Wilmerding Tax Bill
$1,086
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilmerding, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15148 | $460 | $621 | $1,086 | $1,544 | $2,148 |
Source: Ownwell