Champion, Pennsylvania Property Taxes
The median property tax rate in Champion, 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 Champion at $14,730, the typical annual property tax bill reaches $1,740, which is lower than the national median of $2,690. Property taxes in Champion 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 Champion'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 Champion 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
Champion, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.73%
Estimate Property Tax Bill
$1,728
-$18,108
Ownwell’s Champion Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Champion with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Champion 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 Champion, Pennsylvania
Property taxes in Champion, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Champion is 11.73%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Champion set these rates annually, and they can vary significantly across different neighborhoods. Each year, Champion 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 Champion's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15622 has the highest median property tax rate of 11.73%, while the lowest median tax rate is also 11.73% in the same zip code. Understanding how these cities compare with Champion 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 Champion 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 Champion, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15622 | 11.73% | 11.73% | 11.73% | 11.73% | 11.73% |
Source: Ownwell
Property Tax Assessment Values Across Champion, Pennsylvania
In Champion, 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 Appraisal District 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 Champion, 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 Champion helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15622 has both the highest and lowest median tax bill at $1,740.
Average Champion Assessed Value
$14,730
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 Champion, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15622 | $3,050 | $8,540 | $14,730 | $21,800 | $32,790 |
Source: Ownwell
Property Tax Bills Across Champion, Pennsylvania
In Champion, property tax bills are calculated based on the assessed value of a home, which is determined by the Westmoreland County tax assessor. The assessed value is a percentage of the property's market value and is used to calculate the tax bill. Several factors influence this assessed value, including the property's size, location, and condition. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Champion, the median home price is $14,730. Property tax bills vary widely, with the 25th percentile tax bill at $1,030 and the 75th percentile reaching $2,581. At the 90th percentile, homeowners may see bills as high as $3,873. The highest median tax bill in the area is $1,740 in the 15622 zip code. These figures highlight the significant impact property taxes can have on homeowners, especially when compared to the national median property tax rate of 0.99%. Understanding these factors can help homeowners better anticipate their annual tax obligations.
Average Champion Tax Bill
$1,740
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Champion, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15622 | $401 | $1,030 | $1,740 | $2,581 | $3,873 |
Source: Ownwell