Connellsville, Pennsylvania Property Taxes
The median property tax rate in Connellsville, PA is 0.72%, significantly lower than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Connellsville at $53,620, the typical annual property tax bill amounts to $438, well below the national median of $2,690. Property taxes in Connellsville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Connellsville'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 Connellsville or another part of Fayette County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Connellsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$386
Ownwell’s Connellsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Connellsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Connellsville 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 Connellsville, Pennsylvania
Property taxes in Connellsville, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Connellsville is 0.72%, which is lower than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Connellsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Connellsville 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 Connellsville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15425 zip code has both the highest and lowest median property tax rate of 0.72%. Understanding how these cities compare with Connellsville provides valuable insights into the varying tax landscape across Fayette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Connellsville Tax Rate
0.72%
Average Fayette County Tax Rate
0.87%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Connellsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15425 | 0.68% | 0.68% | 0.72% | 1.13% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Connellsville, Pennsylvania
In Connellsville, 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 Fayette 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 Connellsville, 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 Connellsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Connellsville is $53,620, with tax bills ranging from $270 at the 25th percentile to $1,478 at the 90th percentile. The zip code 15425 has the highest and lowest median tax bill, both at $438.
Property Tax Assessment Values Across Connellsville, Pennsylvania
Source: Ownwell
$15,915
$211,818
$407,720
Average Connellsville Assessed Value
$53,620
Average Fayette County Assessed Value
$51,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Connellsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15425 | $20,795 | $35,358 | $53,620 | $80,818 | $121,360 |
Source: Ownwell
Property Tax Bills Across Connellsville, Pennsylvania
In Connellsville, located in Fayette County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Connellsville can expect property tax bills to vary significantly. For example, the tax bill at the 25th percentile is $270, while at the 75th percentile, it rises to $740, and at the 90th percentile, it can be as high as $1478. The median home price in Connellsville is $53,620, contributing to the overall calculation of property taxes. Compared to the national median property tax rate of 0.99%, Connellsville's property tax bills reflect a range that can impact homeowners differently depending on their property's assessed value. The highest and lowest median tax bills in the area are both $438, indicating a relatively stable tax environment within the specific zip code 15425. Understanding these factors helps homeowners anticipate their annual property tax obligations.
Average Connellsville Tax Bill
$438
Average Fayette County Tax Bill
$548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Connellsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15425 | $155 | $270 | $438 | $740 | $1,478 |
Source: Ownwell