Hunker, Pennsylvania Property Taxes
The median property tax rate in Hunker, PA is 10.80%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Hunker, the typical annual property tax bill reaches $1,759, which is below the national median of $2,690. Property taxes in Hunker 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 Hunker'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 Hunker or another part of Westmoreland County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hunker, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
10.8%
Estimate Property Tax Bill
$1,717
-$17,996
Ownwell’s Hunker Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hunker, PA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hunker 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 Hunker, Pennsylvania
Property taxes in Hunker, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hunker is 10.80%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Hunker set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hunker 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 Hunker's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15639 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 Hunker 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 Hunker 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 Hunker, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15639 | 10.79% | 10.79% | 10.80% | 11.09% | 11.47% |
Source: Ownwell
Property Tax Assessment Values Across Hunker, Pennsylvania
In Hunker, 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 Hunker, 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 Hunker helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in this area are both $1,759, found in the zip code 15639.
Average Hunker Assessed Value
$15,900
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 Hunker, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15639 | $6,702 | $10,340 | $15,900 | $25,710 | $33,622 |
Source: Ownwell
Property Tax Bills Across Hunker, Pennsylvania
In Hunker, located in Westmoreland County, PA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by local tax assessors and is a percentage of the property's market value. For homeowners in Hunker, the median home price is $15,900, which significantly impacts the tax bill. The property tax rate in this area can lead to varying tax bills. For instance, the 25th percentile of tax bills is around $1,128, while the 75th percentile reaches up to $2,818. At the higher end, the 90th percentile tax bill can be as much as $3,658. These figures illustrate the range homeowners might expect to pay based on their property's assessed value and the local tax rate. Compared to the national median property tax rate of 0.99%, homeowners in Hunker experience a unique tax landscape that significantly affects their annual financial planning. Understanding these factors is crucial for homeowners to anticipate their property tax obligations accurately.
Average Hunker Tax Bill
$1,759
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Hunker, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15639 | $759 | $1,128 | $1,759 | $2,818 | $3,658 |
Source: Ownwell