Corliss, Pennsylvania Property Taxes
The median property tax rate in Corliss, PA is 0.13%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Corliss, the typical annual property tax bill is $24, far below the national median of $2,690. Property taxes in Corliss are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Corliss'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 Corliss 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
Corliss, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.13%
Estimate Property Tax Bill
$23
Ownwell’s Corliss Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Corliss with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Corliss 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 Corliss, Pennsylvania
Property taxes in Corliss, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Corliss is 2.22%, significantly higher than both the Pennsylvania state median of 1.39% and the U.S. national median of 0.99%. Local government entities within Corliss set these rates annually, and they can vary significantly across different neighborhoods. Each year, Corliss 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 Corliss's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15221 zip code has the highest median property tax rate of 4.02%, while the 15219 zip code has the lowest median tax rate of 1.37%. Understanding how these cities compare with Corliss provides valuable insights into the varying tax landscape across Allegheny County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Corliss Tax Rate
0.13%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Corliss, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15204 | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% |
Source: Ownwell
Property Tax Assessment Values Across Corliss, Pennsylvania
In Corliss, 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 Allegheny 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 Corliss, 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. The median home price in Corliss is $17,900, with tax bills generally around $24. 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 Corliss helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Corliss Assessed Value
$17,900
Average Allegheny County Assessed Value
$108,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Corliss, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15204 | $17,900 | $17,900 | $17,900 | $17,900 | $17,900 |
Source: Ownwell
Property Tax Bills Across Corliss, Pennsylvania
In Corliss, located in Allegheny County, PA, property tax bills are calculated based on the assessed value of a property. The assessed value is determined by the county's assessment office and reflects the property's market value. The local tax rate, known as the millage rate, is then applied to this assessed value to calculate the annual property tax bill. Homeowners in Corliss face a median home price of $17,900, which is significantly lower than the national median. Despite this, the property tax bills in Corliss are relatively modest, with amounts around $24 at the 25th, 75th, and 90th percentiles. This consistency in tax bills suggests a stable and predictable property tax environment for homeowners. Compared to the national median property tax rate of 0.99%, the tax burden in Corliss is considerably lighter, making it an attractive location for potential homeowners looking for affordability. The lower property tax rate can alleviate financial stress, allowing residents to allocate their resources to other essential needs or investments.
Average Corliss Tax Bill
$24
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Corliss, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15204 | $24 | $24 | $24 | $24 | $24 |
Source: Ownwell