Everson, Pennsylvania Property Taxes
The median property tax rate in Everson, PA is 1.31%, higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value in Everson of $43,220, the typical annual property tax bill is $516, which is below the national median of $2,690. Property taxes in Everson 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. By understanding Everson's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve significant annual savings. Whether you're in the heart of Everson or another part of Fayette County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Everson, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$566
Ownwell’s Everson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Everson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Everson 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 Everson, Pennsylvania
Property taxes in Everson, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Everson is 1.31%, higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Everson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Everson 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 Everson's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15631 zip code has both the highest and lowest median property tax rate of 1.31%. Understanding how these cities compare with Everson 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 Everson Tax Rate
1.31%
Average Fayette County Tax Rate
0.87%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Everson, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15631 | 0.74% | 1.31% | 1.31% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Everson, Pennsylvania
In Everson, 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 Appraisal District 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 Everson, 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 Everson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $516 in the 15631 zip code, while the lowest is also $516 in the same zip code.
Average Everson Assessed Value
$43,220
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 Everson, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15631 | $27,156 | $36,110 | $43,220 | $53,070 | $68,196 |
Source: Ownwell
Property Tax Bills Across Everson, Pennsylvania
In Everson, 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 and reflects a percentage of the property's market value. Homeowners in Everson typically see property tax bills ranging from $422 at the 25th percentile to $783 at the 90th percentile. The median home price in the area is $43,220, and the median tax bill is $516, which is significantly lower than the national median property tax rate of 0.99%. Various factors influence the final tax bill, including changes in the property's assessed value, local tax rates, and applicable exemptions. These taxes are crucial for funding local services such as schools, infrastructure, and public safety. For homeowners, understanding these elements can provide better financial planning and highlight potential savings through exemptions or appeals. With the highest and lowest median tax bills both at $516 in the 15631 zip code, Everson's property tax landscape is relatively consistent.
Average Everson Tax Bill
$516
Average Fayette County Tax Bill
$548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Everson, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15631 | $277 | $422 | $516 | $629 | $783 |
Source: Ownwell