Denbo, Pennsylvania Property Taxes
The median property tax rate in Denbo, PA is 1.77%, significantly higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With a median home value of $19,250 in Denbo, the typical annual property tax bill amounts to $342, which is below the national median of $2,690. Property taxes in Denbo are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as the primary residence and agricultural exemptions. Understanding Denbo'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 Denbo or another part of Washington County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Denbo, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$341
Ownwell’s Denbo Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Denbo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Denbo 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 Washington County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Denbo, Pennsylvania
Property taxes in Denbo, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Denbo is 1.77%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Denbo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Denbo 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 Denbo's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15429 has the highest median property tax rate of 1.77%, while the lowest median tax rate is also 1.77%. Understanding how these areas compare with Denbo 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 Denbo Tax Rate
1.77%
Average Washington County Tax Rate
1.79%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Denbo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15429 | 1.77% | 1.77% | 1.77% | 1.77% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Denbo, Pennsylvania
In Denbo, 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 local assessment authorities 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 Denbo, 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 Denbo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Denbo are both $342, found in zip code 15429.
Average Denbo Assessed Value
$19,250
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 Denbo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15429 | $14,000 | $17,675 | $19,250 | $42,900 | $70,950 |
Source: Ownwell
Property Tax Bills Across Denbo, Pennsylvania
In Denbo, located in Washington County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $19,250. Homeowners can expect their property tax bills to vary significantly, with the 25th percentile at $313, the 75th percentile at $760, and the 90th percentile reaching up to $1,258. These tax bills are influenced by the assessed value of the property, which is determined by local tax authorities, and the specific tax rate applied by the county. Compared to the national median property tax rate of 0.99%, Denbo's property tax rate may appear more favorable or less so, depending on the assessed value and local rate. Higher property taxes can impact homeowners by increasing the overall cost of owning a home, while lower taxes can make homeownership more affordable. Understanding these factors helps homeowners in Denbo plan their finances more effectively and anticipate annual property tax obligations.
Average Denbo Tax Bill
$342
Average Washington County Tax Bill
$2,319
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Denbo, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15429 | $248 | $313 | $342 | $760 | $1,258 |
Source: Ownwell