Lowber, Pennsylvania Property Taxes
The median property tax rate in Lowber, PA is 12.81%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Lowber at $10,060, the typical annual property tax bill reaches $1,294, which exceeds the national median of $2,690. Property taxes in Lowber 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 Lowber'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 Lowber 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
Lowber, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
12.81%
Estimate Property Tax Bill
$1,289
-$13,505
Ownwell’s Lowber Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lowber with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lowber 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 Lowber, Pennsylvania
Property taxes in Lowber, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lowber is 12.81%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Lowber set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lowber 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 Lowber's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15660 has the highest median property tax rate of 12.81%, while the same zip code also has the lowest median tax rate of 12.81%. Understanding how these areas compare with Lowber 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 Lowber Tax Rate
12.81%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lowber, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15660 | 12.81% | 12.81% | 12.81% | 12.81% | 12.81% |
Source: Ownwell
Property Tax Assessment Values Across Lowber, Pennsylvania
In Lowber, 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 Lowber, 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 Lowber helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Lowber's zip code 15660 are both $1,294, offering a clear picture of the local property tax landscape.
Average Lowber Assessed Value
$10,060
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 Lowber, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15660 | $2,157 | $6,575 | $10,060 | $12,655 | $18,364 |
Source: Ownwell
Property Tax Bills Across Lowber, Pennsylvania
In Lowber, Westmoreland County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessment offices. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as the home's location, size, and market conditions influence the assessed value. For instance, the median home price in Lowber is $10,060. Homeowners in Lowber can expect their tax bills to vary significantly. The 25th percentile tax bill is around $852, while the 75th percentile tax bill reaches $1,623. At the higher end, the 90th percentile tax bill is approximately $2,353. These figures indicate a broad range of potential tax liabilities, reflecting differences in property values and assessments. Comparatively, the median tax bill in Lowber aligns with the highest and lowest median tax bills in the 15660 zip code, both recorded at $1,294. This variability in tax bills can significantly impact homeowners' financial planning and budgeting.
Average Lowber Tax Bill
$1,294
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Lowber, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15660 | $383 | $852 | $1,294 | $1,623 | $2,353 |
Source: Ownwell