Hiller, Pennsylvania Property Taxes
The median property tax rate in Hiller, PA is 1.02%, slightly above the national median of 0.99% but significantly lower than the Pennsylvania state median of 2.81%. With a median home value of $30,475, the typical annual property tax bill in Hiller amounts to $311, which is well below the national median of $2,690. Property taxes in Hiller are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence exemption. Navigating Hiller's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're located in Hiller or another part of Fayette County, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Hiller, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$311
Ownwell’s Hiller Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hiller with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hiller 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 Hiller, Pennsylvania
Property taxes in Hiller, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hiller is 1.49%, higher than both the Pennsylvania state median of 1.46% and the U.S. national median of 0.99%. Local government entities within Hiller set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hiller 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 Hiller's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15444 zip code has the highest median property tax rate of 1.49%, while the 15444 zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with Hiller 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 Hiller Tax Rate
1.02%
Average Fayette County Tax Rate
0.87%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hiller, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15444 | 0.96% | 0.99% | 1.02% | 1.08% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Hiller, Pennsylvania
In Hiller, 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 Hiller, 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 Hiller helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 15444, with a value of $311, while the lowest median tax bill is also in 15444, at $311.
Average Hiller Assessed Value
$30,475
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 Hiller, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15444 | $13,401 | $18,472 | $30,475 | $41,052 | $58,239 |
Source: Ownwell
Property Tax Bills Across Hiller, Pennsylvania
In Hiller, located in Fayette County, PA, property tax bills are calculated based on the assessed value of a home, rather than its market value. The assessment is determined by local government assessors who evaluate the property's worth. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $30,475, homeowners can expect a median tax bill of around $311. This is lower than the national median property tax rate of 0.99%, making it relatively affordable compared to other regions. Several factors influence the assessed value, including the property's size, age, location, and overall condition. Homeowners in Hiller should be aware that their tax bills can vary significantly. At the 25th percentile, the tax bill is approximately $201, while at the 90th percentile, it can reach up to $580. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Hiller Tax Bill
$311
Average Fayette County Tax Bill
$548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Hiller, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15444 | $145 | $201 | $311 | $412 | $580 |
Source: Ownwell