New Brighton, Pennsylvania Property Taxes
The median property tax rate in New Brighton, PA is 5.55%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in New Brighton at $35,300, the typical annual property tax bill reaches $2,120, which is below the national median of $2,690. Property taxes in New Brighton 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 New Brighton'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 New Brighton or another part of Beaver County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
New Brighton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.55%
Estimate Property Tax Bill
$1,959
Ownwell’s New Brighton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in New Brighton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in New Brighton 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 New Brighton, Pennsylvania
Property taxes in New Brighton, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in New Brighton is 5.55%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within New Brighton set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Brighton 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 New Brighton's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15066 zip code has both the highest and lowest median property tax rate of 5.55%. Understanding how these cities compare with New Brighton provides valuable insights into the varying tax landscape across Beaver County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average New Brighton Tax Rate
5.55%
Average Beaver County Tax Rate
6.15%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across New Brighton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15066 | 5.32% | 5.32% | 5.55% | 6.35% | 6.35% |
Source: Ownwell
Property Tax Assessment Values Across New Brighton, Pennsylvania
In New Brighton, 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 Beaver 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 New Brighton, 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. For instance, the median home price in New Brighton is $35,300, with tax bills ranging from $1,625 at the 25th percentile to $3,843 at the 90th percentile. The highest and lowest median tax bills are both $2,120 in zip code 15066. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average New Brighton Assessed Value
$35,300
Average Beaver County Assessed Value
$44,800
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across New Brighton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15066 | $19,500 | $26,800 | $35,300 | $52,200 | $69,800 |
Source: Ownwell
Property Tax Bills Across New Brighton, Pennsylvania
In New Brighton, located in Beaver County, PA, property tax bills are calculated based on the assessed value of a home. The assessment is typically a percentage of the property's market value. For instance, a median home price in New Brighton is $35,300. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence this calculation, including property size, location, and any improvements made to the home. Homeowners in New Brighton can expect their tax bills to vary significantly. For example, the 25th percentile tax bill is around $1,625, while the 75th percentile tax bill reaches $2,926, and the 90th percentile tax bill can be as high as $3,843. These property taxes impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, New Brighton's rates can be considered moderate, ensuring essential community services while affecting household budgets.
Average New Brighton Tax Bill
$2,120
Average Beaver County Tax Bill
$2,704
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across New Brighton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15066 | $1,171 | $1,625 | $2,120 | $2,926 | $3,843 |
Source: Ownwell