Greensburg, Pennsylvania Property Taxes
The median property tax rate in Greensburg, PA is 10.80%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $21,040, the typical annual property tax bill in Greensburg reaches $2,477, which is just below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Greensburg'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 Greensburg or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Greensburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
10.8%
Estimate Property Tax Bill
$2,272
-$23,814
Ownwell’s Greensburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Greensburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Greensburg 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 Greensburg, Pennsylvania
Property taxes in Greensburg, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greensburg is 10.80%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Greensburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Greensburg 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 Greensburg's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 15601 zip code has the highest median property tax rate of 10.80%, while the same 15601 zip code has the lowest median tax rate of 10.80%. Understanding how these cities compare with Greensburg 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 Greensburg 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 Greensburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15601 | 10.79% | 10.79% | 10.80% | 13.62% | 13.83% |
Source: Ownwell
Property Tax Assessment Values Across Greensburg, Pennsylvania
In Greensburg, 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 Greensburg, 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 Greensburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15601 has the highest and lowest median tax bill at $2,477.
Average Greensburg Assessed Value
$21,040
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 Greensburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15601 | $7,544 | $12,700 | $21,040 | $33,230 | $46,016 |
Source: Ownwell
Property Tax Bills Across Greensburg, Pennsylvania
In Greensburg, PA, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. Homeowners in Greensburg experience property tax bills that vary significantly, with the 25th percentile at $1,589 and the 75th percentile at $3,826. The highest median tax bill in the area is $2,477, found in the 15601 zip code. Several factors contribute to the final tax bill, including the property's location, size, and any improvements made. In Greensburg, the property tax rate is compared to the national median property tax rate of 0.99%, offering a perspective on local tax burdens. Higher tax bills can impact homeowners by increasing the overall cost of homeownership, potentially affecting affordability. Conversely, these taxes fund essential public services such as schools, roads, and emergency services, which can enhance community living standards.
Average Greensburg Tax Bill
$2,477
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Greensburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15601 | $962 | $1,589 | $2,477 | $3,826 | $5,184 |
Source: Ownwell