Brush Valley, Pennsylvania Property Taxes
The median property tax rate in Brush Valley, PA is 1.66%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Brush Valley at $80,800, the typical annual property tax bill reaches $1,339, exceeding the national median of $2,690. Property taxes in Brush Valley are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brush Valley'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 Brush Valley 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
Brush Valley, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$1,341
Ownwell’s Brush Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brush Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brush Valley 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 Indiana County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Brush Valley, Pennsylvania
Property taxes in Brush Valley, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brush Valley is 1.66%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Brush Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brush Valley 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 Brush Valley's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 15720 zip code has the highest median property tax rate of 1.66%, while the same zip code also has the lowest median tax rate of 1.66%. Understanding how these areas compare with Brush Valley provides valuable insights into the varying tax landscape across Indiana County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brush Valley Tax Rate
1.66%
Average Indiana County Tax Rate
2.03%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brush Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15720 | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Brush Valley, Pennsylvania
In Brush Valley, 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 Indiana 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 Brush Valley, 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 Brush Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $1339 in the 15720 zip code, while the lowest is also $1339 in the same zip code.
Property Tax Assessment Values Across Brush Valley, Pennsylvania
Source: Ownwell
$24,600
$83,500
$142,400
Average Brush Valley Assessed Value
$80,800
Average Indiana County Assessed Value
$98,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brush Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15720 | $43,900 | $61,700 | $80,800 | $101,000 | $127,200 |
Source: Ownwell
Property Tax Bills Across Brush Valley, Pennsylvania
In Brush Valley, Indiana County, PA, property tax bills are calculated based on the assessed value of a home. The county tax assessor determines this value, which is then multiplied by the local tax rate to calculate the tax bill. For homeowners, this means that the higher the assessed value of their property, the larger their tax bill will be. The median home price in Brush Valley is $80,800, and property tax bills can vary significantly. For instance, the tax bill for the 25th percentile is $1,022, while the 75th percentile sees a tax bill of $1,673. At the 90th percentile, homeowners can expect a tax bill of around $2,107. Comparatively, the highest median tax bill in the area is $1,339, which is considerably higher than the national median property tax rate of 0.99%. These variations highlight the importance of understanding how assessed values and local tax rates impact property taxes, ultimately affecting a homeowner's annual financial obligations.
Average Brush Valley Tax Bill
$1,339
Average Indiana County Tax Bill
$2,051
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Brush Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15720 | $727 | $1,022 | $1,339 | $1,673 | $2,107 |
Source: Ownwell