Pittsfield, Warren County, Pennsylvania Property Taxes
The median property tax rate in Pittsfield, PA is 3.65%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $31,778 in Pittsfield, the typical annual property tax bill reaches $1,074, surpassing the national median of $2,690. Property taxes in Pittsfield 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 Pittsfield'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 Pittsfield 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
Pittsfield, Warren County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.65%
Estimate Property Tax Bill
$1,160
$1,076
Ownwell’s Pittsfield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pittsfield with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pittsfield 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 Pittsfield, Warren County, Pennsylvania
Property taxes in Pittsfield, Pennsylvania, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Pittsfield is 3.65%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Pittsfield set these rates annually, and they can vary across different neighborhoods. Each year, Pittsfield 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 Pittsfield's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 16340 has the highest median property tax rate of 3.65%, while the same zip code also has the lowest median tax rate of 3.65%. Understanding how these areas compare with Pittsfield provides valuable insights into the varying tax landscape across Warren County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pittsfield Tax Rate
3.65%
Average Warren County Tax Rate
3.99%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pittsfield, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16340 | 2.51% | 3.12% | 3.65% | 4.24% | 4.38% |
Source: Ownwell
Property Tax Assessment Values Across Pittsfield, Warren County, Pennsylvania
In Pittsfield, 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 Warren 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 Pittsfield, 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 Pittsfield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median property tax bill in Pittsfield is $1,074, with the highest and lowest median tax bills both found in zip code 16340.
Property Tax Assessment Values Across Pittsfield, Warren County, Pennsylvania
Source: Ownwell
$14,537
$31,530
$48,523
Average Pittsfield Assessed Value
$31,778
Average Warren County Assessed Value
$33,691
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pittsfield, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16340 | $9,452 | $17,508 | $31,778 | $46,662 | $61,102 |
Source: Ownwell
Property Tax Bills Across Pittsfield, Warren County, Pennsylvania
In Pittsfield, Warren County, PA, property tax bills are determined by assessing the property's value and applying the local tax rate. Homeowners in this area face a median home price of $31,778. The tax bill varies significantly, with the 25th percentile at $629 and the 75th percentile reaching $1,603. At the 90th percentile, homeowners can expect to pay around $2,209. These tax bills are calculated based on the assessed value of the property, which is then multiplied by the local tax rate. Factors such as property improvements, neighborhood developments, and market trends can influence the assessed value. Compared to the national median property tax rate of 0.99%, Pittsfield's rates reflect the local economic conditions and municipal budget needs. For homeowners, understanding these factors is crucial as they directly impact annual financial planning and long-term investment in property. The highest and lowest median tax bills in the area both stand at $1,074, indicating a relatively uniform tax rate across different properties.
Average Pittsfield Tax Bill
$1,074
Average Warren County Tax Bill
$1,260
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Pittsfield, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16340 | $338 | $629 | $1,074 | $1,603 | $2,209 |
Source: Ownwell