Cardale, Fayette County, Pennsylvania Property Taxes
The median property tax rate in Cardale, PA is 0.96%, slightly below the national median of 0.99% and significantly lower than the Pennsylvania state median of 2.81%. With a median home value of $28,760 in Cardale, the typical annual property tax bill is around $270, which is much less than the national median of $2,690. Property taxes in Cardale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Cardale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Cardale or another part of Fayette County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cardale, Fayette County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$276
$256
Ownwell’s Cardale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cardale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cardale 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 Cardale, Fayette County, Pennsylvania
Property taxes in Cardale, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cardale is 0.96%, slightly lower than the U.S. national median of 0.99%. Local government entities within Cardale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cardale 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 Cardale's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the highest median property tax rate in Fayette County is also 0.96%, found in the 15420 zip code, while the lowest median tax rate is the same. Understanding how these cities compare with Cardale provides valuable insights into the varying tax landscape across Fayette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cardale Tax Rate
0.96%
Average Fayette County Tax Rate
0.87%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cardale, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15420 | 0.83% | 0.91% | 0.96% | 1.01% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Cardale, Fayette County, Pennsylvania
In Cardale, 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 Fayette 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 Cardale, 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 Cardale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $270, found in the zip code 15420.
Property Tax Assessment Values Across Cardale, Fayette County, Pennsylvania
Source: Ownwell
$15,915
$59,673
$103,430
Average Cardale Assessed Value
$28,760
Average Fayette County Assessed Value
$51,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cardale, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15420 | $10,850 | $22,378 | $28,760 | $36,902 | $48,955 |
Source: Ownwell
Property Tax Bills Across Cardale, Fayette County, Pennsylvania
In Cardale, Fayette County, PA, property tax bills are calculated based on the assessed value of your home and the local tax rate. The median home price in Cardale is $28,760, which serves as a baseline for determining property taxes. The tax rate in Cardale aligns closely with the national median property tax rate of 0.99%. Homeowners in Cardale can expect a property tax bill that varies depending on the assessed value of their property. For instance, those in the 25th percentile pay around $221, while those in the 75th percentile might see bills closer to $344. At the 90th percentile, property tax bills can reach up to $443. These property taxes fund essential public services such as schools, infrastructure, and emergency services. Understanding how these factors influence your tax bill can help you better manage your financial planning and anticipate annual costs. The uniformity in tax bills, with the highest and lowest median tax bill both at $270, indicates a consistent approach to property tax assessment within the region.
Average Cardale Tax Bill
$270
Average Fayette County Tax Bill
$548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Cardale, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15420 | $125 | $221 | $270 | $344 | $443 |
Source: Ownwell