Belle Vernon, Pennsylvania Property Taxes
The median property tax rate in Belle Vernon, PA is 2.33%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $82,850, the typical annual property tax bill in Belle Vernon amounts to $1,928, which is below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Belle Vernon'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 Belle Vernon or elsewhere in Washington County, grasping the local property tax system benefits both homeowners and real estate investors.
Last Updated June 14, 2024
Belle Vernon, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.33%
Estimate Property Tax Bill
$1,930
Ownwell’s Belle Vernon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Belle Vernon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Belle Vernon 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 Belle Vernon, Pennsylvania
Property taxes in Belle Vernon, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belle Vernon is 2.33%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Belle Vernon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Belle Vernon 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 Belle Vernon's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 15012 zip code has the highest median property tax rate of 2.33%, while the same zip code also has the lowest median tax rate of 2.33%. Understanding how these values compare with Belle Vernon provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belle Vernon Tax Rate
2.33%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belle Vernon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15012 | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across Belle Vernon, Pennsylvania
In Belle Vernon, 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 Washington 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 Belle Vernon, 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. The median home price in Belle Vernon is $82,850, with annual tax bills ranging from $1,241 at the 25th percentile to $2,547 at the 90th percentile. Belle Vernon's highest and lowest median tax bill is $1,928 in the 15012 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Belle Vernon, Pennsylvania
Source: Ownwell
$19,250
$193,475
$367,700
Average Belle Vernon Assessed Value
$82,850
Average Washington County Assessed Value
$129,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belle Vernon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15012 | $44,900 | $53,350 | $82,850 | $87,550 | $109,460 |
Source: Ownwell
Property Tax Bills Across Belle Vernon, Pennsylvania
In Belle Vernon, located in Washington County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local government authorities and reflects a percentage of the property's market value. Homeowners in Belle Vernon can expect their property tax bill to fall within a range, influenced by various factors such as property size, location, and improvements. For instance, the median home price in Belle Vernon is $82,850, and the property tax bill for the 25th percentile is approximately $1,241, while it rises to $2,037 for the 75th percentile. At the 90th percentile, the tax bill can reach up to $2,547. These figures indicate that the property tax rate in Belle Vernon is relatively higher compared to the national median property tax rate of 0.99%. Homeowners should be aware that higher property tax bills can impact their overall housing costs, potentially affecting affordability and long-term financial planning. Understanding how these taxes are calculated can help residents anticipate and manage their expenses more effectively.
Average Belle Vernon Tax Bill
$1,928
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Belle Vernon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15012 | $1,045 | $1,241 | $1,928 | $2,037 | $2,547 |
Source: Ownwell