Monongahela, Pennsylvania Property Taxes
The median property tax rate in Monongahela, PA is 1.87%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Monongahela, the typical annual property tax bill reaches $2,015, exceeding the national median of $2,690. Property taxes in Monongahela 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 Monongahela'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 Monongahela or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Monongahela, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.87%
Estimate Property Tax Bill
$1,784
Ownwell’s Monongahela Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Monongahela with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Monongahela 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 Monongahela, Pennsylvania
Property taxes in Monongahela, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Monongahela is 1.87%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Monongahela set these rates annually, and they can vary significantly across different neighborhoods. Each year, Monongahela 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 Monongahela's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15063 has the highest median property tax rate of 1.87%, while the same zip code also has the lowest median tax rate of 1.87%. Understanding how these cities compare with Monongahela 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 Monongahela Tax Rate
1.87%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Monongahela, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15063 | 1.87% | 1.87% | 1.87% | 2.46% | 2.46% |
Source: Ownwell
Property Tax Assessment Values Across Monongahela, Pennsylvania
In Monongahela, 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 Monongahela, 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. For example, the median home price in Monongahela is $95,400, with tax bills ranging from $1,486 at the 25th percentile to $3,284 at the 90th percentile. 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 Monongahela helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Monongahela, Pennsylvania
Source: Ownwell
$19,250
$193,475
$367,700
Average Monongahela Assessed Value
$95,400
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 Monongahela, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15063 | $46,360 | $65,800 | $95,400 | $126,750 | $163,420 |
Source: Ownwell
Property Tax Bills Across Monongahela, Pennsylvania
In Monongahela, Washington County, PA, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The assessed value is determined by local government assessors and represents a percentage of the property's market value. Homeowners then apply the local tax rate to this assessed value to calculate their annual property tax bill. For example, a median home price in Monongahela is $95,400. The tax bills can vary significantly, with the 25th percentile at $1,486 and the 75th percentile reaching $2,586. At the 90th percentile, tax bills can climb to $3,284. This variation is due to differences in property values and specific local tax rates. Homeowners in Monongahela face a property tax rate that can be higher than the national median of 0.99%, impacting their overall financial planning. Understanding these factors is crucial for homeowners to anticipate their annual property tax obligations and manage their budgets effectively.
Average Monongahela Tax Bill
$2,015
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Monongahela, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15063 | $1,063 | $1,486 | $2,015 | $2,586 | $3,284 |
Source: Ownwell