Point Marion, Fayette County, Pennsylvania Property Taxes

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

Median POINT MARION, PA effective property tax rate: 2.66%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median POINT MARION, PA home value: $39,185
Median annual POINT MARION, PA tax bill: $671, $1,729 lower than the national median property tax bill of $2,400.

How are property taxes in Fayette calculated?

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

Last Updated March 1, 2025

Point Marion, Fayette County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.66%

Estimate Property Tax Bill

$1,042

$967

Ownwell’s Point Marion Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Point Marion with just two data points. By entering your property's estimated assessed value, our calculator applies Point Marion’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 Point Marion, Fayette County, Pennsylvania

Local government entities in Pennsylvania set tax rates, which can vary widely within the state. Each year, counties like Fayette estimate the budget required to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. This straightforward calculation is influenced by votes and laws, but at its core, this is how the annual process unfolds.

In Point Marion, located in Fayette County, the effective property tax rate is noticeably higher than both the state and national medians. While the national median property tax rate sits at 1.02%, Point Marion’s rate is significantly more, reflecting the county's approach to budgeting and service funding. This rate is indicative of the unique financial landscape within the area, where property taxes play a crucial role in funding local services and infrastructure. When comparing Point Marion to other cities in Pennsylvania, the tax rate remains consistently high, pointing to the county's reliance on property taxes to meet its financial obligations.

Property Tax Rates Across Point Marion, 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 Point Marion Tax Rate

2.66%

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 Point Marion, Fayette County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
15474	0.74%	0.74%	2.66%	2.66%	2.66%

Source: Ownwell

Property Tax Assessment Values Across Point Marion, Fayette County, Pennsylvania

When examining property taxes in Point Marion, 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 Point Marion. For example, the median home price in Point Marion is $39,185, with tax bills ranging significantly across the county. 15474 has the highest median home price at $39,185.

Property Tax Assessment Values Across Point Marion, Fayette County, Pennsylvania

Source: Ownwell

$15,915

$59,673

$103,430

Median Point Marion Market Value

$39,185

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 Point Marion, Fayette County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
15474	$13,325	$26,620	$39,185	$54,015	$78,635

Source: Ownwell

Property Tax Bills Across Point Marion, Fayette County, Pennsylvania

In Point Marion, Fayette County, PA, property tax bills are calculated based on the assessed value of a property multiplied by the local tax rate. The median property tax bill here is $671, significantly lower than the national median of $2400, reflecting the area's relatively modest median home price of $39,185. Factors influencing the tax bill include the property's assessed value and the millage rate set by local taxing authorities. Homeowners in Point Marion might face tax bills ranging from $277 at the 25th percentile to $1421 at the 90th percentile, depending on their property's value and location within the city. Ownwell can assist homeowners in navigating these assessments by offering property tax appeal and exemption services. By analyzing property data and identifying potential discrepancies in assessments, Ownwell helps ensure homeowners are not overpaying on their property taxes. This can lead to significant savings, providing financial relief and peace of mind for homeowners in Point Marion.

Property Tax Bills Across Point Marion, Fayette County, Pennsylvania

Source: Ownwell

$176

$758

$1,339

Median Point Marion Tax Bill

$671

Median Fayette County Tax Bill

$548

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Point Marion, Fayette County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
15474	$119	$277	$671	$1,088	$1,421

Source: Ownwell