Bovard, Pennsylvania Property Taxes
The median property tax rate in Bovard, PA is 10.80%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bovard, the typical annual property tax bill reaches $687, which is lower than the national median of $2,690. Property taxes in Bovard are calculated based on the assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bovard'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 Bovard 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
Bovard, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
10.8%
Estimate Property Tax Bill
$673
-$7,051
Ownwell’s Bovard Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bovard with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bovard 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 Bovard, Pennsylvania
Property taxes in Bovard, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bovard is 10.80%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Bovard set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bovard 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 Bovard's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15619 zip code has the highest median property tax rate of 10.80%, while the same zip code also has the lowest median tax rate of 10.80%. Understanding how these cities compare with Bovard 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 Bovard Tax Rate
10.80%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bovard, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15619 | 10.79% | 10.79% | 10.79% | 10.80% | 10.80% |
Source: Ownwell
Property Tax Assessment Values Across Bovard, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bovard, Pennsylvania. 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 Bovard, 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. The median home price in Bovard is $6,230, with tax bills varying widely. The 25th percentile tax bill is $508, while the 75th percentile reaches $917, and the 90th percentile goes up to $1,215. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bovard Assessed Value
$6,230
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 Bovard, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15619 | $3,692 | $4,680 | $6,230 | $8,460 | $11,238 |
Source: Ownwell
Property Tax Bills Across Bovard, Pennsylvania
In Bovard, PA, property tax bills are calculated based on the assessed value of the property, which is determined by the local taxing authority. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition, as well as recent sales of similar properties in the area. Homeowners in Bovard might see a range of tax bills. For instance, the 25th percentile tax bill is around $508, while the 75th percentile reaches $917, and the 90th percentile can be as high as $1,215. These figures indicate that property taxes can vary significantly within the city. The median home price in Bovard is relatively low at $6,230, which contrasts sharply with the national median property tax rate of 0.99%. This system ensures that property taxes are equitable, but it also means that homeowners must stay informed about their property's assessed value to anticipate their tax obligations accurately.
Average Bovard Tax Bill
$687
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bovard, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15619 | $404 | $508 | $687 | $917 | $1,215 |
Source: Ownwell