Uledi, Pennsylvania Property Taxes
The median property tax rate in Uledi, PA is 0.76%, notably lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Uledi at $25,135, the typical annual property tax bill is $191, significantly below the national median of $2,690. Property taxes in Uledi are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Uledi'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 Uledi or another part of Fayette County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Uledi, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$191
Ownwell’s Uledi Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Uledi with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Uledi 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 Uledi, Pennsylvania
Property taxes in Uledi, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Uledi is 0.76%, which is lower than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Uledi set these rates annually, and they can vary significantly across different neighborhoods. Each year, Uledi 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 Uledi's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15484 zip code has the highest median property tax rate of 0.76%, while the same zip code also has the lowest median tax rate of 0.76%. Understanding how these areas compare with Uledi 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 Uledi Tax Rate
0.76%
Average Fayette County Tax Rate
0.87%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Uledi, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15484 | 0.74% | 0.75% | 0.76% | 0.77% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Uledi, Pennsylvania
In Uledi, 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 Uledi, 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 Uledi helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Uledi are both $191.00, found in the 15484 zip code.
Average Uledi Assessed Value
$25,135
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 Uledi, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15484 | $12,803 | $18,252 | $25,135 | $33,450 | $51,831 |
Source: Ownwell
Property Tax Bills Across Uledi, Pennsylvania
In Uledi, located in Fayette County, PA, property tax bills are primarily calculated based on the assessed value of a property. The local government determines this assessed value, which may not necessarily reflect the current market value of the home. Once the property’s assessed value is established, it is multiplied by the local tax rate to calculate the annual tax bill. Fayette County’s tax rates can vary, but the median tax bill in Uledi is around $191, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's size, location, and any applicable exemptions. Homeowners in Uledi can expect tax bills ranging from $140 at the 25th percentile to $384 at the 90th percentile. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community’s quality of life. Understanding these factors can help homeowners better anticipate their property tax obligations and plan accordingly.
Average Uledi Tax Bill
$191
Average Fayette County Tax Bill
$548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Uledi, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15484 | $97 | $140 | $191 | $252 | $384 |
Source: Ownwell