East Mc Keesport, Pennsylvania Property Taxes
The median property tax rate in East McKeesport, PA is 3.26%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $58,900 in East McKeesport, the typical annual property tax bill amounts to $1,952, surpassing the national median of $2,690. Property taxes here 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 East McKeesport'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 East McKeesport 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
East Mc Keesport, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.26%
Estimate Property Tax Bill
$1,920
Ownwell’s East Mc Keesport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in East Mc Keesport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Mc Keesport 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 East Mc Keesport, Pennsylvania
Property taxes in East Mc Keesport, PA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Mc Keesport is 3.26%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within East Mc Keesport set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Mc Keesport 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 East Mc Keesport's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15035 has the highest median property tax rate of 3.26%, while the same zip code also has the lowest median tax rate of 3.26%. Understanding how these cities compare with East Mc Keesport 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 East Mc Keesport Tax Rate
3.26%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Mc Keesport, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15035 | 2.51% | 2.89% | 3.26% | 4.11% | 4.11% |
Source: Ownwell
Property Tax Assessment Values Across East Mc Keesport, Pennsylvania
In East McKeesport, 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 East McKeesport, 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 East McKeesport helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,952.00 in zip code 15035, which is also the lowest median tax bill, highlighting the uniformity in property tax bills within the region.
Property Tax Assessment Values Across East Mc Keesport, Pennsylvania
Source: Ownwell
$16,750
$307,350
$597,950
Average East Mc Keesport Assessed Value
$58,900
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 East Mc Keesport, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15035 | $35,000 | $44,525 | $58,900 | $73,075 | $87,500 |
Source: Ownwell
Property Tax Bills Across East Mc Keesport, Pennsylvania
Property tax bills in East McKeesport, located in Allegheny County, PA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and is typically a percentage of the market value of the home. For instance, with a median home price of $58,900, homeowners can expect their property taxes to be reflective of this valuation. The tax bill can vary significantly depending on the assessed value and the specific tax rate applied by the local government. In East McKeesport, the property tax bills range widely, with the 25th percentile at $1,447 and the 75th percentile at $2,585. The 90th percentile tax bill reaches up to $3,157, indicating that some homeowners may face higher taxes based on property value and other local factors. These property taxes are crucial for funding essential public services such as schools, infrastructure, and emergency services. Homeowners in East McKeesport should be aware of these factors as they directly impact their annual financial obligations and the value they receive from public amenities.
Average East Mc Keesport Tax Bill
$1,952
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across East Mc Keesport, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15035 | $991 | $1,447 | $1,952 | $2,585 | $3,157 |
Source: Ownwell