West Elizabeth, Pennsylvania Property Taxes
The median property tax rate in West Elizabeth, PA is 3.21%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in West Elizabeth at $46,800, the typical annual property tax bill reaches $1,348, exceeding the national median of $2,690. Property taxes in West Elizabeth 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 West Elizabeth'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 West Elizabeth 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
West Elizabeth, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.21%
Estimate Property Tax Bill
$1,502
Ownwell’s West Elizabeth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Elizabeth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Elizabeth 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 Allegheny County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across West Elizabeth, Pennsylvania
Property taxes in West Elizabeth, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Elizabeth is 3.21%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within West Elizabeth set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Elizabeth 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 West Elizabeth's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15088 has the highest median property tax rate of 3.21%, while the same zip code also has the lowest median tax rate of 3.21%. Understanding how these areas compare with West Elizabeth 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 West Elizabeth Tax Rate
3.21%
Average Allegheny County Tax Rate
2.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Elizabeth, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15088 | 2.09% | 2.46% | 3.21% | 3.21% | 3.21% |
Source: Ownwell
Property Tax Assessment Values Across West Elizabeth, Pennsylvania
In West Elizabeth, 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 West Elizabeth, 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 West Elizabeth 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 15088 at $1,348, which is also the lowest median tax bill in the area.
Property Tax Assessment Values Across West Elizabeth, Pennsylvania
Source: Ownwell
$16,750
$307,350
$597,950
Average West Elizabeth Assessed Value
$46,800
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 West Elizabeth, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15088 | $4,290 | $24,000 | $46,800 | $66,000 | $89,190 |
Source: Ownwell
Property Tax Bills Across West Elizabeth, Pennsylvania
In West Elizabeth, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the Allegheny County assessor's office and reflects the market value of the home. For instance, the median home price in West Elizabeth is $46,800. The tax rate in this area contributes to varying tax bills, with the 25th percentile tax bill at $738, the 75th percentile at $1,888, and the 90th percentile reaching $2,509. These figures illustrate the range of property taxes homeowners might expect based on their property’s assessed value and the local tax rate. Compared to the national median property tax rate of 0.99%, the tax bills in West Elizabeth can represent a significant portion of a homeowner's expenses. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan accordingly. The consistency of the median tax bill at $1,348 across zip code 15088 indicates a uniform approach to property tax assessments in the area.
Average West Elizabeth Tax Bill
$1,348
Average Allegheny County Tax Bill
$2,758
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across West Elizabeth, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15088 | $160 | $738 | $1,348 | $1,888 | $2,509 |
Source: Ownwell