Jones Mills, Pennsylvania Property Taxes
The median property tax rate in Jones Mills, PA is 11.73%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Jones Mills at $13,595, the typical annual property tax bill reaches $1,595, exceeding the national median of $2,690. Property taxes in Jones Mills 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 Jones Mills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Jones Mills 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
Jones Mills, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.73%
Estimate Property Tax Bill
$1,595
-$16,712
Ownwell’s Jones Mills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jones Mills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jones Mills 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 Jones Mills, Pennsylvania
Property taxes in Jones Mills, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jones Mills is 11.73%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Jones Mills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jones Mills 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 Jones Mills' effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15646 zip code has the highest median property tax rate of 11.73%, while the 15646 zip code also has the lowest median tax rate of 11.73%. Understanding how these cities compare with Jones Mills 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 Jones Mills 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 Jones Mills, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15646 | 11.73% | 11.73% | 11.73% | 11.73% | 11.73% |
Source: Ownwell
Property Tax Assessment Values Across Jones Mills, Pennsylvania
In JONES MILLS, 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 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. In JONES MILLS, the median home price is $13,595. The tax bill for the 25th percentile is $908, while the 75th percentile sees a tax bill of $2,399, and the 90th percentile reaches $3,465. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jones Mills Assessed Value
$13,595
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 Jones Mills, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15646 | $3,460 | $7,720 | $13,595 | $20,545 | $30,695 |
Source: Ownwell
Property Tax Bills Across Jones Mills, Pennsylvania
In Jones Mills, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate in Westmoreland County, where Jones Mills is located, is applied to this assessed value to determine the annual tax bill. For instance, if a home has an assessed value of $135,950, which aligns with the median home price, the property tax bill will be calculated by applying the local tax rate. Various factors influence the property tax bill, including the assessed value of the property, local tax rates, and any applicable exemptions or deductions. Homeowners in Jones Mills can expect tax bills that range significantly. At the 25th percentile, tax bills are around $908, while at the 75th percentile, they can reach up to $2,399. The 90th percentile sees tax bills as high as $3,465. These figures show how property taxes can vary widely, impacting homeowners differently based on the value of their property and specific tax rates.
Average Jones Mills Tax Bill
$1,595
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Jones Mills, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15646 | $450 | $908 | $1,595 | $2,399 | $3,465 |
Source: Ownwell