Conemaugh, Pennsylvania Property Taxes
The median property tax rate in Conemaugh, PA is 11.33%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Conemaugh, the typical annual property tax bill reaches $725, exceeding the national median of $2,690. Property taxes in Conemaugh 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 Conemaugh'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 Conemaugh 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
Conemaugh, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.33%
Estimate Property Tax Bill
$725
Ownwell’s Conemaugh Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers aiming to estimate their annual property taxes in Conemaugh with just two data points. By entering your property's estimated assessed value, the calculator utilizes the median tax rate in Conemaugh to project your property tax bill. This powerful tool provides a clear understanding of your potential tax liabilities. For those interested in neighborhood-level trends, further localized information is available below. Your property’s assessed value is determined by the county for tax calculations, considering any applicable exemptions.
Property Tax Rates Across Conemaugh, Pennsylvania
Property taxes in Conemaugh, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Conemaugh is 1.55%, significantly higher than both the Pennsylvania state median of 1.46% and the U.S. national median of 0.99%. Local government entities within Conemaugh set these rates annually, and they can vary significantly across different neighborhoods. Each year, Conemaugh 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 Conemaugh's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15909 zip code has the highest median property tax rate of 1.55%, while the 15909 zip code also has the lowest median tax rate of 1.55%. Understanding how these cities compare with Conemaugh provides valuable insights into the varying tax landscape across Cambria County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Conemaugh Tax Rate
11.33%
Average Cambria County Tax Rate
10.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Conemaugh, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15909 | 11.33% | 11.33% | 11.33% | 11.33% | 11.33% |
Source: Ownwell
Property Tax Assessment Values Across Conemaugh, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Conemaugh, Pennsylvania. The market value represents 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 Cambria 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 Conemaugh, 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. For instance, in the 15909 zip code, the median tax bill is $725. Being aware of these valuation processes in Conemaugh helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Conemaugh Assessed Value
$6,400
Average Cambria County Assessed Value
$12,040
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Conemaugh, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15909 | $4,122 | $5,285 | $6,400 | $7,735 | $9,518 |
Source: Ownwell
Property Tax Bills Across Conemaugh, Pennsylvania
In Conemaugh, PA, property tax bills are determined based on the assessed value of a home, which is calculated by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $6,400, homeowners can expect a range of tax bills. The 25th percentile tax bill is around $599, while the 75th percentile tax bill reaches $876. For those in the 90th percentile, the tax bill can be as high as $1,078. These tax rates are crucial as they fund essential community services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Conemaugh's property tax rates indicate a significant financial responsibility for homeowners. Understanding these factors helps homeowners anticipate their annual financial obligations and plan accordingly, ensuring they are well-prepared for their property tax commitments.
Average Conemaugh Tax Bill
$725
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Conemaugh, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15909 | $460 | $599 | $725 | $876 | $1,078 |
Source: Ownwell