Pineville, Pennsylvania Property Taxes
The median property tax rate in Pineville, PA is 1.48%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Pineville, the typical annual property tax bill reaches $5,042, exceeding the national median of $2,690. Property taxes in Pineville 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 Pineville'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 Pineville 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
Pineville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.48%
Estimate Property Tax Bill
$4,997
Ownwell’s Pineville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pineville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pineville 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 Pineville, Pennsylvania
Property taxes in Pineville, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pineville is 1.48%, significantly higher than the U.S. national median of 0.99%. Local government entities within Pineville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pineville 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 Pineville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18946 zip code has the highest median property tax rate of 1.48%, while the 18946 zip code also has the lowest median tax rate of 1.48%. Understanding how these cities compare with Pineville provides valuable insights into the varying tax landscape across Bucks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pineville Tax Rate
1.48%
Average Bucks County Tax Rate
1.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pineville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18946 | 1.48% | 1.48% | 1.48% | 1.58% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Pineville, Pennsylvania
In Pineville, 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 Bucks 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 Pineville, 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 Pineville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pineville, Pennsylvania
Source: Ownwell
$172,340
$489,787
$807,234
Average Pineville Assessed Value
$337,659
Average Bucks County Assessed Value
$300,000
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pineville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18946 | $176,809 | $235,107 | $337,659 | $500,106 | $795,117 |
Source: Ownwell
Property Tax Bills Across Pineville, Pennsylvania
In Pineville, Bucks County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. For instance, with a median home price of $337,659, homeowners can expect varying tax bills. Factors such as property location, improvements, and market trends influence the assessed value. The tax rate in Pineville is applied to the assessed value to determine the annual tax bill. Homeowners in the 25th percentile may see tax bills around $3,539, while those in the 75th percentile could face bills up to $7,652. For those in the 90th percentile, tax bills can soar to $12,554. Compared to the national median property tax rate of 0.99%, Pineville’s rates can significantly impact homeowners, especially those with higher-valued properties. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Pineville Tax Bill
$5,042
Average Bucks County Tax Bill
$5,548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Pineville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18946 | $2,614 | $3,539 | $5,042 | $7,652 | $12,554 |
Source: Ownwell