Belle Vernon, Pennsylvania Property Taxes
The median property tax rate in Belle Vernon, PA is 14.29%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Belle Vernon, the typical annual property tax bill reaches $2,009, which is below the national median of $2,690. Property taxes in Belle Vernon 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 Belle Vernon'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 Belle Vernon 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
Belle Vernon, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
14.29%
Estimate Property Tax Bill
$2,056
-$21,550
Ownwell’s Belle Vernon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Belle Vernon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Belle Vernon 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 Belle Vernon, Pennsylvania
Property taxes in Belle Vernon, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belle Vernon is 14.29%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Belle Vernon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Belle Vernon 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 Belle Vernon's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15012 zip code has the highest median property tax rate of 14.29%, while the same zip code also has the lowest median tax rate of 14.29%. Understanding how these cities compare with Belle Vernon 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 Belle Vernon Tax Rate
14.29%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belle Vernon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15012 | 12.89% | 12.89% | 14.29% | 14.29% | 14.29% |
Source: Ownwell
Property Tax Assessment Values Across Belle Vernon, Pennsylvania
In Belle Vernon, 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 Belle Vernon, 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 Belle Vernon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Belle Vernon is $2,009 in zip code 15012, which is significantly above the national median property tax rate of 0.99%.
Average Belle Vernon Assessed Value
$14,390
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 Belle Vernon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15012 | $5,776 | $10,520 | $14,390 | $21,530 | $37,656 |
Source: Ownwell
Property Tax Bills Across Belle Vernon, Pennsylvania
In Belle Vernon, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Belle Vernon, the median home price is $14,390, which significantly influences their tax obligations. The tax bills in this region vary widely, with the 25th percentile tax bill at $1,471 and the 75th percentile reaching $3,004. At the 90th percentile, homeowners can expect to pay up to $4,893 in property taxes annually. Comparatively, the highest and lowest median tax bills in the area are both $2,009, which aligns with the national median property tax rate of 0.99%. These taxes fund essential local services such as schools, public safety, and infrastructure. Consequently, fluctuations in property tax bills can significantly impact homeowners' budgets and financial planning, making it crucial for them to understand how their tax bills are determined.
Average Belle Vernon Tax Bill
$2,009
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Belle Vernon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15012 | $870 | $1,471 | $2,009 | $3,004 | $4,893 |
Source: Ownwell