Fayette City, Fayette County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Fayette City, Fayette County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fayette City, PA effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Fayette City, PA home value: $50,095
Median annual Fayette City, PA tax bill: $499, $1,901 lower than the national median property tax bill of $2,400.

How are property taxes in Fayette calculated?

Property taxes in Fayette City, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Fayette City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fayette City, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fayette City, Fayette County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$446

$414

Ownwell’s Fayette City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fayette City with just two data points. By entering your property's estimated assessed value, our calculator applies Fayette City's median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Fayette County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fayette City, Fayette County, Pennsylvania

Local government entities set property tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Fayette City, located in Fayette County, Pennsylvania, the effective property tax rate stands at 0.89%. This rate is below the national median property tax rate of 1.02%, offering property owners in Fayette City a relatively favorable tax environment. The median property tax bill in Fayette City is also likely to be below the national median of $2400, providing additional savings for homeowners. This lower tax rate can be an attractive aspect for potential property buyers or investors looking to maximize their return on investment.

By understanding these rates, property owners can better anticipate their annual tax liabilities and make informed decisions about their investments.

Property Tax Rates Across Fayette City, Fayette County, Pennsylvania

Source: Ownwell

0.71%

1.69%

2.66%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fayette City Tax Rate

0.89%

Median Effective Fayette County Tax Rate

0.87%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fayette City, Fayette County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
15438	0.88%	0.89%	0.89%	1.03%	1.23%

Source: Ownwell

Property Tax Assessment Values Across Fayette City, Fayette County, Pennsylvania

When examining property taxes in Fayette City, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Fayette County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Fayette County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fayette City. For example, the median home price in Fayette City is $50,095, with tax bills ranging significantly across the county. ZIP code 15438 has the highest median home price at $50,095.

Property Tax Assessment Values Across Fayette City, Fayette County, Pennsylvania

Source: Ownwell

$15,915

$59,673

$103,430

Median Fayette City Market Value

$50,095

Median Fayette County Market Value

$51,500

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fayette City, Fayette County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
15438	$18,651	$34,355	$50,095	$92,360	$143,486

Source: Ownwell

Property Tax Bills Across Fayette City, Fayette County, Pennsylvania

In Fayette City, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the property tax rate to determine the annual tax bill. Fayette City homeowners experience a median tax bill of $499, which is significantly lower than the national median of $2,400. This relatively low tax burden is a result of the area's median home price of $50,095. Factors such as property size, location, and improvements can affect the assessed value, impacting the tax bill. Homeowners in Fayette City can find themselves paying anywhere from $342 at the 25th percentile to $1,264 at the 90th percentile, depending on these factors. Ownwell assists homeowners in reducing their property tax bills by providing expert guidance on appealing assessments and identifying potential exemptions. By leveraging local expertise, Ownwell ensures homeowners only pay their fair share, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Fayette City, Fayette County, Pennsylvania

Source: Ownwell

$176

$758

$1,339

Median Fayette City Tax Bill

$499

Median Fayette County Tax Bill

$548

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Fayette City, Fayette County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
15438	$150	$342	$499	$832	$1,264

Source: Ownwell