Monroeville, Pennsylvania Property Taxes
The median property tax rate in Monroeville, PA is 13.99%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Monroeville at $41,940, the typical annual property tax bill reaches $5,867, far exceeding the national median of $2,690. Property taxes in Monroeville 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 Monroeville'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 Monroeville 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
Monroeville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
13.99%
Estimate Property Tax Bill
$5,867
-$61,490
Ownwell’s Monroeville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Monroeville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Monroeville 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 Monroeville, Pennsylvania
Property taxes in Monroeville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Monroeville is 13.99%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Monroeville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Monroeville 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 Monroeville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15146 zip code has the highest median property tax rate of 13.99%, while the same 15146 zip code has the lowest median tax rate of 13.99%. Understanding how these areas compare with Monroeville 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 Monroeville Tax Rate
13.99%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Monroeville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15146 | 13.99% | 13.99% | 13.99% | 13.99% | 13.99% |
Source: Ownwell
Property Tax Assessment Values Across Monroeville, Pennsylvania
In Monroeville, 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 local 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 Monroeville, 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 Monroeville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Monroeville, the highest median tax bill is found in zip code 15146, with a value of $5,867.
Average Monroeville Assessed Value
$41,940
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 Monroeville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15146 | $37,000 | $37,980 | $41,940 | $44,580 | $47,430 |
Source: Ownwell
Property Tax Bills Across Monroeville, Pennsylvania
In Monroeville, located in Westmoreland County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. Homeowners in Monroeville typically face property tax bills that can vary significantly, influenced by the assessed value and the tax rate set by local authorities. The median home price in Monroeville stands at $41,940, and property tax bills range from the 25th percentile at $5,313 to the 90th percentile at $6,635. The highest and lowest median tax bills in the area are both $5,867, indicating a relatively consistent tax burden across different properties. These property taxes are a crucial source of revenue for local services, including schools, public safety, and infrastructure. For homeowners, understanding their tax bill is essential, as it directly impacts their annual budget and the overall cost of homeownership. Compared to the national median property tax rate of 0.99%, Monroeville's tax rates reflect the region's specific economic and administrative conditions.
Average Monroeville Tax Bill
$5,867
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Monroeville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15146 | $5,176 | $5,313 | $5,867 | $6,237 | $6,635 |
Source: Ownwell