Charleroi, Pennsylvania Property Taxes
The median property tax rate in Charleroi, PA, is 2.33%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Charleroi at $64,700, the typical annual property tax bill reaches $1,657, which is below the national median of $2,690. Property taxes in Charleroi 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 Charleroi'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 Charleroi 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
Charleroi, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.33%
Estimate Property Tax Bill
$1,508
Ownwell’s CHARLEROI Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in CHARLEROI with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in CHARLEROI 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 Charleroi, Pennsylvania
Property taxes in Charleroi, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Charleroi is 2.33%, significantly higher than the U.S. national median of 0.99%. Local government entities within Charleroi set these rates annually, and they can vary significantly across different neighborhoods. Each year, Charleroi 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 Charleroi's effective property tax rate to other areas and the national median. For comparison, the zip code 15022 has the highest median property tax rate of 2.33%, while the same zip code also has the lowest median tax rate of 2.33%. Understanding how these areas compare with Charleroi provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Charleroi Tax Rate
2.33%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Charleroi, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15022 | 2.27% | 2.27% | 2.33% | 2.77% | 2.77% |
Source: Ownwell
Property Tax Assessment Values Across Charleroi, Pennsylvania
In CHARLEROI, PA, 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 Washington County Appraisal District 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 CHARLEROI, 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 CHARLEROI helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in CHARLEROI is $1657.00 in the 15022 zip code, which also represents the lowest median tax bill.
Average Charleroi Assessed Value
$64,700
Average Washington County Assessed Value
$129,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Charleroi, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15022 | $29,600 | $41,600 | $64,700 | $103,200 | $143,300 |
Source: Ownwell
Property Tax Bills Across Charleroi, Pennsylvania
In Charleroi, located in Washington County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessment authorities. The median home price in Charleroi is $64,700, and property tax rates are applied to this assessed value to determine the tax bill. Factors such as the property's location, size, and improvements can influence its assessed value. Homeowners in Charleroi can expect their property tax bills to vary significantly. The tax bill at the 25th percentile is $1,127, while at the 75th percentile, it rises to $2,374. For those at the 90th percentile, the tax bill can reach up to $3,227. The median property tax bill in the area is $1,657, which is higher than the national median property tax rate of 0.99%. These property tax bills directly impact homeowners, affecting their annual expenses and potentially influencing their decisions on property investment and maintenance.
Average Charleroi Tax Bill
$1,657
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Charleroi, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15022 | $812 | $1,127 | $1,657 | $2,374 | $3,227 |
Source: Ownwell