Bolivar, Westmoreland County, Pennsylvania Property Taxes
The median property tax rate in Bolivar, PA is 11.25%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bolivar at $7,925, the typical annual property tax bill reaches $963, falling below the national median of $2,690. Property taxes in Bolivar 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 Bolivar'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 Bolivar 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
Bolivar, Westmoreland County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.25%
Estimate Property Tax Bill
$892
$827
Ownwell’s Bolivar Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bolivar with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bolivar 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 Bolivar, Westmoreland County, Pennsylvania
Property taxes in Bolivar, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bolivar is 11.25%, significantly higher than the U.S. national median of 0.99%. Local government entities within Bolivar set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bolivar 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 Bolivar's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15923 has the highest median property tax rate of 11.25%, while also being the lowest with a median tax rate of 11.25%. Understanding how these areas compare with Bolivar 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.
Property Tax Rates Across Bolivar, Westmoreland County, Pennsylvania
Source: Ownwell
10.79%
12.81%
14.82%
Average Bolivar Tax Rate
11.25%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bolivar, Westmoreland County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15923 | 11.25% | 11.25% | 11.25% | 12.74% | 12.74% |
Source: Ownwell
Property Tax Assessment Values Across Bolivar, Westmoreland County, Pennsylvania
In Bolivar, 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 Bolivar, 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 Bolivar helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Bolivar are both $963 in the 15923 zip code.
Property Tax Assessment Values Across Bolivar, Westmoreland County, Pennsylvania
Source: Ownwell
$4,220
$23,080
$41,940
Average Bolivar Assessed Value
$7,925
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 Bolivar, Westmoreland County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15923 | $1,650 | $4,900 | $7,925 | $13,728 | $21,606 |
Source: Ownwell
Property Tax Bills Across Bolivar, Westmoreland County, Pennsylvania
Property tax bills in Bolivar, Westmoreland County, PA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county's assessment office and is a percentage of the property's market value. Homeowners in Bolivar can expect a median property tax bill of approximately $963, which is relatively high compared to the national median property tax rate of 0.99%. Several factors influence the tax bill, including property size, location, and any improvements made. For instance, the 25th percentile tax bill is around $587, while the 75th percentile tax bill can reach up to $1,667. The top 10% of property tax bills in Bolivar go as high as $2,469. These variations significantly impact homeowners, as higher property values and improvements can lead to increased tax obligations. Understanding these factors can help homeowners anticipate their property tax bills and plan their finances accordingly.
Average Bolivar Tax Bill
$963
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bolivar, Westmoreland County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15923 | $249 | $587 | $963 | $1,667 | $2,469 |
Source: Ownwell