West Leisenring, Pennsylvania Property Taxes
The median property tax rate in West Leisenring, PA is 2.65%, 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 Leisenring, the typical annual property tax bill reaches $596, which is significantly lower than the national median of $2,690. Property taxes in West Leisenring 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 Leisenring'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 Leisenring 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 Leisenring, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.65%
Estimate Property Tax Bill
$677
Ownwell’s WEST LEISENRING Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WEST LEISENRING with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WEST LEISENRING 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 West Leisenring, Pennsylvania
Property taxes in West Leisenring, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Leisenring is 1.35%, significantly higher than both the Pennsylvania state median of 1.46% and the U.S. national median of 0.99%. Local government entities within West Leisenring set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Leisenring 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 Leisenring's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 15489 zip code has the highest median property tax rate of 1.35%, while the same zip code also has the lowest median tax rate of 1.35%. Understanding how these areas compare with West Leisenring 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 West Leisenring Tax Rate
2.65%
Average Fayette County Tax Rate
0.87%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Leisenring, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15489 | 2.16% | 2.16% | 2.65% | 2.65% | 2.65% |
Source: Ownwell
Property Tax Assessment Values Across West Leisenring, Pennsylvania
In West Leisenring, 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 West Leisenring, 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 Leisenring helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $596 in zip code 15489, which also has the lowest median tax bill, highlighting the uniformity in tax assessments.
Property Tax Assessment Values Across West Leisenring, Pennsylvania
Source: Ownwell
$15,915
$211,818
$407,720
Average West Leisenring Assessed Value
$25,540
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 West Leisenring, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15489 | $14,150 | $18,212 | $25,540 | $38,248 | $52,548 |
Source: Ownwell
Property Tax Bills Across West Leisenring, Pennsylvania
Property tax bills in West Leisenring, located in Fayette County, PA, are calculated based on the assessed value of the property and the local tax rate. The assessed value is a percentage of the market value determined by the county's assessment office. This value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in West Leisenring, the median home price is $25,540. Property tax bills can vary significantly, with the 25th percentile at $479 and the 75th percentile at $876. The 90th percentile tax bill can reach up to $1,293. These figures indicate that while some homeowners may face relatively modest tax bills, others could see more substantial amounts. Compared to the national median property tax rate of 0.99%, West Leisenring's rates reflect the local economic conditions and property values. Understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average West Leisenring Tax Bill
$596
Average Fayette County Tax Bill
$548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across West Leisenring, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15489 | $347 | $479 | $596 | $876 | $1,293 |
Source: Ownwell