Bradenville, Pennsylvania Property Taxes
The median property tax rate in Bradenville, PA is 11.73%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bradenville, the typical annual property tax bill amounts to $977, surpassing the national median of $2,690. Property taxes in Bradenville are determined based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Bradenville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Bradenville or another part of Westmoreland County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bradenville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.73%
Estimate Property Tax Bill
$963
-$10,093
Ownwell’s Bradenville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bradenville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bradenville 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 Bradenville, Pennsylvania
Property taxes in Bradenville, PA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bradenville is 11.73%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Bradenville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bradenville 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 Bradenville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15620 zip code has the highest median property tax rate of 11.73%, while the same 15620 zip code also has the lowest median tax rate of 11.73%. Understanding how these areas compare with Bradenville 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 Bradenville Tax Rate
11.73%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bradenville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15620 | 11.73% | 11.73% | 11.73% | 11.73% | 11.73% |
Source: Ownwell
Property Tax Assessment Values Across Bradenville, Pennsylvania
In Bradenville, 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. Assessment notices in Bradenville 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 Bradenville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Bradenville is $8,210, with property tax bills ranging from $752 at the 25th percentile to $1,949 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 15620, standing at $977.
Average Bradenville Assessed Value
$8,210
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 Bradenville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15620 | $1,934 | $5,820 | $8,210 | $12,000 | $16,638 |
Source: Ownwell
Property Tax Bills Across Bradenville, Pennsylvania
In Bradenville, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. For homeowners, the median home price stands at $8,210. The tax rate in the area is then applied to this assessed value to determine the annual tax bill. For example, homeowners in the 25th percentile can expect a tax bill around $752, while those in the 75th percentile might see bills closer to $1,419. At the higher end, the 90th percentile tax bill reaches approximately $1,949. Factors such as property size, location, and market conditions influence the assessed value, and consequently, the tax bill. Compared to the national median property tax rate of 0.99%, Bradenville's rates can be considered relatively moderate. These taxes are crucial for funding local services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners need to stay informed about their property assessments to ensure their tax bills are fair and accurate.
Average Bradenville Tax Bill
$977
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bradenville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15620 | $424 | $752 | $977 | $1,419 | $1,949 |
Source: Ownwell