Daisytown, Pennsylvania Property Taxes
The median property tax rate in Daisytown, PA is 1.79%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Daisytown at $75,950, the typical annual property tax bill reaches $1,386, which is below the national median of $2,690. Property taxes in Daisytown are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Daisytown's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Daisytown or another part of Washington County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Daisytown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.79%
Estimate Property Tax Bill
$1,360
Ownwell’s Daisytown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Daisytown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Daisytown 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 Daisytown, Pennsylvania
Property taxes in Daisytown, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Daisytown is 1.79%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Daisytown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Daisytown 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 Daisytown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15427 has the highest median property tax rate of 1.79%, while the same zip code also has the lowest median tax rate of 1.79%. Understanding how these cities compare with Daisytown 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 Daisytown Tax Rate
1.79%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Daisytown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15427 | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Daisytown, Pennsylvania
In Daisytown, 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 Daisytown, 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 Daisytown is $75,950, with tax bills ranging from $1,040 at the 25th percentile to $3,054 at the 90th percentile. The highest and lowest median tax bills are both $1,386, found in zip code 15427. Being aware of these valuation processes in Daisytown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Daisytown Assessed Value
$75,950
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 Daisytown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15427 | $38,370 | $57,175 | $75,950 | $114,475 | $170,320 |
Source: Ownwell
Property Tax Bills Across Daisytown, Pennsylvania
In Daisytown, Washington County, 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 assessor and reflects a percentage of the property's market value. Homeowners in Daisytown face property tax rates that, while varying, are influenced by the assessed value of their homes and the specific rates set by local taxing authorities. For instance, the median home price in Daisytown is $75,950. Property tax bills can range widely, with the 25th percentile at $1,040, the 75th percentile at $2,108, and the 90th percentile reaching up to $3,054. These figures highlight the variability in tax bills based on property values and individual assessments. The highest and lowest median tax bills in the area are both recorded at $1,386 in zip code 15427, illustrating some consistency within specific localities. These property taxes directly impact homeowners by influencing their annual expenses and potentially affecting their overall financial planning and property affordability.
Average Daisytown Tax Bill
$1,386
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Daisytown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15427 | $717 | $1,040 | $1,386 | $2,108 | $3,054 |
Source: Ownwell