Meadow Lands, Pennsylvania Property Taxes
The median property tax rate in Meadow Lands, PA is 1.70%, significantly higher than the national median of 0.99% but lower than Pennsylvania's state median of 2.81%. With a median home value of $89,900 in Meadow Lands, the typical annual property tax bill amounts to $1,525, which is below the national median of $2,690. Property taxes in Meadow Lands are based on the assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding the property tax system in Meadow Lands, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Meadow Lands or another part of Washington County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Meadow Lands, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.7%
Estimate Property Tax Bill
$1,528
Ownwell’s Meadow Lands Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Meadow Lands. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Meadow Lands to provide an accurate estimate of your property tax bill. This valuable resource helps you understand potential tax liabilities with ease. For those interested in more detailed insights, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value, determined by Washington County, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Meadow Lands, Pennsylvania
Property taxes in Meadow Lands, Pennsylvania, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Meadow Lands is 1.70%, significantly higher than the U.S. national median of 0.99%. Local government entities within Meadow Lands set these rates annually, and they can vary significantly across different neighborhoods. Each year, Meadow Lands 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 Meadow Lands' effective property tax rate to other areas and the national median. For comparison, the 15347 ZIP code has the highest median property tax rate of 1.70%, while the same ZIP code also has the lowest median tax rate of 1.70%. Understanding how these cities compare with Meadow Lands 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 Meadow Lands Tax Rate
1.70%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Meadow Lands, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15347 | 1.70% | 1.70% | 1.70% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Meadow Lands, Pennsylvania
In Meadow Lands, 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 Meadow Lands, 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 Meadow Lands helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest median tax bill is 15347, at $1525.
Property Tax Assessment Values Across Meadow Lands, Pennsylvania
Source: Ownwell
$19,250
$193,475
$367,700
Average Meadow Lands Assessed Value
$89,900
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 Meadow Lands, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15347 | $52,360 | $71,000 | $89,900 | $116,450 | $141,560 |
Source: Ownwell
Property Tax Bills Across Meadow Lands, Pennsylvania
In Meadow Lands, Washington County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The tax rate, or millage rate, is applied to this assessed value to determine the annual tax bill. Homeowners in Meadow Lands experience a range of property tax bills, with the 25th percentile at $1,204 and the 75th percentile at $1,975. The 90th percentile tax bill reaches up to $2,401, indicating a significant variation depending on property value and specific assessments. For comparison, the national median property tax rate is 0.99%, which can provide context for homeowners evaluating their tax obligations. In Washington County, the highest and lowest median tax bills are both reported at $1,525, suggesting a relatively consistent tax environment within the specific zip code of 15347. These tax bills directly impact homeowners by affecting their annual financial planning and the overall cost of homeownership in Meadow Lands.
Average Meadow Lands Tax Bill
$1,525
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Meadow Lands, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15347 | $888 | $1,204 | $1,525 | $1,975 | $2,401 |
Source: Ownwell