Avonmore, Pennsylvania Property Taxes
The median property tax rate in Avonmore, PA is 13.36%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Avonmore, the typical annual property tax bill reaches $1,436, surpassing the national median of $2,690. Property taxes in Avonmore 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 Avonmore'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 Avonmore 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
Avonmore, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
13.36%
Estimate Property Tax Bill
$1,464
-$15,345
Ownwell’s Avonmore Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Avonmore with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avonmore 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 Avonmore, Pennsylvania
Property taxes in Avonmore, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Avonmore is 13.36%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Avonmore set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avonmore 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 Avonmore's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15618 has the highest median property tax rate of 13.36%, while the same zip code also has the lowest median tax rate of 13.36%. Understanding how these values compare with Avonmore provides valuable insights into the varying tax landscape across Westmoreland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avonmore Tax Rate
13.36%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avonmore, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15618 | 11.96% | 11.96% | 13.36% | 13.36% | 13.36% |
Source: Ownwell
Property Tax Assessment Values Across Avonmore, Pennsylvania
In Avonmore, 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 Westmoreland 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 Avonmore, 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 Avonmore helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Avonmore is $1,436 in the 15618 zip code, while the lowest median tax bill is also $1,436 in the same zip code.
Average Avonmore Assessed Value
$10,960
Average Westmoreland County Assessed Value
$16,850
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avonmore, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15618 | $3,616 | $6,505 | $10,960 | $18,260 | $24,614 |
Source: Ownwell
Property Tax Bills Across Avonmore, Pennsylvania
In Avonmore, Westmoreland County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county's property assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Avonmore, the median home price is $10,960. Given the regional property tax rate, residents can expect a range of tax bills. The 25th percentile tax bill is $847, while the 75th percentile reaches $2,315. For those at the 90th percentile, the tax bill can be as high as $3,087. This system ensures that property taxes are proportionate to the value of the property, affecting homeowners differently based on their property's assessed value. Compared to the national median property tax rate of 0.99%, homeowners in Avonmore might find their tax bills relatively moderate or steep, depending on their property's value and the specific percentile they fall into. This variation underscores the importance of understanding local property tax assessments and rates.
Average Avonmore Tax Bill
$1,436
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Avonmore, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15618 | $484 | $847 | $1,436 | $2,315 | $3,087 |
Source: Ownwell