Hazelwood, Pennsylvania Property Taxes
The median property tax rate in Hazelwood, PA is 2.30%, 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 $28,500 in Hazelwood, the typical annual property tax bill is $555, which is below the national median of $2,690. Property taxes in Hazelwood are determined based on the assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Grasping the intricacies of Hazelwood's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're residing in Hazelwood or investing in real estate within the area, a thorough understanding of the local property tax system is invaluable for both homeowners and investors.
Last Updated June 14, 2024
Hazelwood, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.3%
Estimate Property Tax Bill
$656
Ownwell’s Hazelwood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hazelwood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hazelwood 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 Hazelwood, Pennsylvania
Property taxes in Hazelwood, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hazelwood is 2.30%, significantly higher than the U.S. national median of 0.99%. Local government entities within Hazelwood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hazelwood 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 Hazelwood's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 15207 zip code has the highest median property tax rate of 2.30%, while the same zip code also has the lowest median tax rate of 2.30%. Understanding how these areas compare with Hazelwood 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 Hazelwood Tax Rate
2.30%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hazelwood, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15207 | 0.68% | 1.33% | 2.30% | 2.30% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Hazelwood, Pennsylvania
In Hazelwood, 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 Appraisal District 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 Hazelwood, 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 Hazelwood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15207 has the highest and lowest median tax bill at $555.
Average Hazelwood Assessed Value
$28,500
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 Hazelwood, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15207 | $19,410 | $22,725 | $28,500 | $49,050 | $58,560 |
Source: Ownwell
Property Tax Bills Across Hazelwood, Pennsylvania
In Hazelwood, Allegheny County, PA, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $28,500, homeowners can expect a tax bill ranging from $411 at the 25th percentile to $916 at the 75th percentile, and up to $1,349 at the 90th percentile. Factors that influence the tax bill include the property's assessed value, the local tax rate, and any applicable exemptions or reductions. Compared to the national median property tax rate of 0.99%, Hazelwood's property taxes can be relatively modest but can still vary significantly based on the specific property and neighborhood. This variation in tax bills can impact homeowners' financial planning, making it essential for them to understand how their property taxes are calculated and what factors might affect their annual obligations.
Average Hazelwood Tax Bill
$555
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Hazelwood, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15207 | $177 | $411 | $555 | $916 | $1,349 |
Source: Ownwell