W Alexander, Pennsylvania Property Taxes
The median property tax rate in W Alexander, PA is 1.67%, considerably higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With the median home value in W Alexander, the typical annual property tax bill reaches $902, which is significantly below the national median of $2,690. Property taxes in W Alexander 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 W Alexander'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 W Alexander 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
W Alexander, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$902
Ownwell’s W Alexander Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in W Alexander with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in W Alexander 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 W Alexander, Pennsylvania
Property taxes in W Alexander, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in W Alexander is 1.67%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within W Alexander set these rates annually, and they can vary significantly across different neighborhoods. Each year, W Alexander 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 W Alexander's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the highest median property tax rate in the region is also 1.67% in the 15376 zip code, while the lowest median tax rate is the same at 1.67% in the 15376 zip code. Understanding how these cities compare with W Alexander 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 W Alexander Tax Rate
1.67%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across W Alexander, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15376 | 1.67% | 1.67% | 1.67% | 1.67% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across W Alexander, Pennsylvania
In W Alexander, 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 W Alexander, 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 W Alexander helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 15376, with a tax bill of $902.00, while the zip code with the lowest median tax bill is also 15376, at $902.00.
Property Tax Assessment Values Across W Alexander, Pennsylvania
Source: Ownwell
$19,250
$193,475
$367,700
Average W Alexander Assessed Value
$54,000
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 W Alexander, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15376 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 |
Source: Ownwell
Property Tax Bills Across W Alexander, Pennsylvania
In W Alexander, PA, property tax bills are determined by assessing the market value of a property and applying the local tax rate to that value. The median home price in W Alexander is $54,000. Homeowners in this area can expect a median tax bill of $902, which is significantly higher than the national median property tax rate of 0.99%. This higher tax bill can be attributed to the local tax rate and the assessed value of properties in the region. Factors such as property improvements, location, and market conditions are considered when determining the assessed value. For homeowners, this means that any changes to their property or fluctuations in the real estate market can impact their annual tax bill. Understanding how these factors influence property taxes can help homeowners better plan for their financial obligations and possibly seek exemptions or appeals to manage their tax burden more effectively.
Average W Alexander Tax Bill
$902
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across W Alexander, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15376 | $902 | $902 | $902 | $902 | $902 |
Source: Ownwell