Wellersburg, Pennsylvania Property Taxes
The median property tax rate in Wellersburg, PA is 1.92%, which is notably higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With a median home value of $31,750 in Wellersburg, the typical annual property tax bill amounts to $610, significantly below the national median of $2,690. Property taxes in Wellersburg are determined based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Wellersburg's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to considerable annual savings. Whether you're residing in Wellersburg or another area within Somerset County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wellersburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.92%
Estimate Property Tax Bill
$610
Ownwell’s Wellersburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wellersburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wellersburg 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 Wellersburg, Pennsylvania
Property taxes in Wellersburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wellersburg is 1.92%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Wellersburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wellersburg 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 Wellersburg's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15564 has both the highest and lowest median property tax rate of 1.92%. Understanding how these areas compare with Wellersburg provides valuable insights into the varying tax landscape across Somerset County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wellersburg Tax Rate
1.92%
Average Somerset County Tax Rate
2.69%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wellersburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15564 | 1.92% | 1.92% | 1.92% | 1.92% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across Wellersburg, Pennsylvania
In Wellersburg, 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 Somerset 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. Assessment notices in Wellersburg 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 Wellersburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $610, found in zip code 15564.
Property Tax Assessment Values Across Wellersburg, Pennsylvania
Source: Ownwell
$24,110
$76,755
$129,400
Average Wellersburg Assessed Value
$31,750
Average Somerset County Assessed Value
$50,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wellersburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15564 | $19,720 | $24,925 | $31,750 | $42,000 | $54,293 |
Source: Ownwell
Property Tax Bills Across Wellersburg, Pennsylvania
In Wellersburg, Somerset County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Wellersburg, the median home price is $31,750. The property tax rate in this area results in a range of tax bills, with the 25th percentile at $479 and the 75th percentile at $801. For those at the 90th percentile, tax bills can reach up to $1,043 annually. The property tax bill directly impacts homeowners by influencing their overall housing costs. Given that the national median property tax rate is 0.99%, Wellersburg's figures provide a useful comparison for homeowners evaluating their financial obligations. Understanding these factors helps homeowners anticipate their annual expenses and plan their budgets accordingly.
Average Wellersburg Tax Bill
$610
Average Somerset County Tax Bill
$1,299
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Wellersburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15564 | $379 | $479 | $610 | $801 | $1,043 |
Source: Ownwell