South Heights, Pennsylvania Property Taxes
The median property tax rate in South Heights, PA is 6.77%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in South Heights at $31,800, the typical annual property tax bill reaches $2,154, which is below the national median of $2,690. Property taxes in South Heights 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 South Heights' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of South Heights 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
South Heights, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
6.77%
Estimate Property Tax Bill
$2,153
Ownwell’s South Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Heights 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 Beaver County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across South Heights, Pennsylvania
Property taxes in South Heights, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in South Heights is 6.77%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within South Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, South Heights 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 South Heights' effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15081 zip code has the highest median property tax rate of 6.77%, while the same zip code also has the lowest median tax rate of 6.77%. Understanding how these cities compare with South Heights provides valuable insights into the varying tax landscape across Beaver County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average South Heights Tax Rate
6.77%
Average Beaver County Tax Rate
6.15%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Heights, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15081 | 6.77% | 6.77% | 6.77% | 6.77% | 6.77% |
Source: Ownwell
Property Tax Assessment Values Across South Heights, Pennsylvania
In South Heights, 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 Beaver 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 South Heights, 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 South Heights is $31,800, with the 25th percentile tax bill at $1,737 and the 75th percentile at $2,642. The 90th percentile tax bill reaches $3,590. The highest and lowest median tax bills are both $2,154 in zip code 15081. 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 South Heights helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across South Heights, Pennsylvania
Source: Ownwell
$7,900
$49,050
$90,200
Average South Heights Assessed Value
$31,800
Average Beaver County Assessed Value
$44,800
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across South Heights, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15081 | $17,300 | $25,650 | $31,800 | $39,000 | $53,000 |
Source: Ownwell
Property Tax Bills Across South Heights, Pennsylvania
In South Heights, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in South Heights is $31,800, significantly lower than the national median, which impacts the overall tax burden on homeowners. Several factors influence the tax bill, including the property's assessed value, the local tax rate, and any applicable exemptions or deductions. In South Heights, the 25th percentile tax bill is $1,737, while the 75th percentile tax bill is $2,642, indicating a range in tax liabilities based on property values and other variables. The highest median tax bill in the area is $2,154, which is relatively moderate compared to other regions. For homeowners, understanding these factors is crucial as they directly affect the affordability of owning property. Higher assessed values or tax rates can lead to higher annual tax bills, impacting household budgets and long-term financial planning.
Average South Heights Tax Bill
$2,154
Average Beaver County Tax Bill
$2,704
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across South Heights, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15081 | $1,172 | $1,737 | $2,154 | $2,642 | $3,590 |
Source: Ownwell