Mount Pleasant, Pennsylvania Property Taxes
In Mount Pleasant, PA, the median property tax rate stands at a striking 11.67%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Mount Pleasant at $13,435, the typical annual property tax bill amounts to $1,637, still below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Mount Pleasant's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Mount Pleasant or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mount Pleasant, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.67%
Estimate Property Tax Bill
$1,568
-$16,431
Ownwell’s MOUNT PLEASANT Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MOUNT PLEASANT with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MOUNT PLEASANT 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 Mount Pleasant, Pennsylvania
Property taxes in Mount Pleasant, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mount Pleasant is 11.67%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mount Pleasant set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mount Pleasant 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 Mount Pleasant's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15666 zip code has the highest median property tax rate of 11.67%, while the lowest median tax rate within the same zip code is also 11.67%. Understanding how these cities compare with Mount Pleasant 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 Mount Pleasant Tax Rate
11.67%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mount Pleasant, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15666 | 11.47% | 11.67% | 11.67% | 13.08% | 13.08% |
Source: Ownwell
Property Tax Assessment Values Across Mount Pleasant, Pennsylvania
In Mount Pleasant, 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 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. Assessment notices in Mount Pleasant 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 Mount Pleasant helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 15666, with a tax bill of $1,637, while the lowest median tax bill is also in zip code 15666, with the same amount of $1,637.
Property Tax Assessment Values Across Mount Pleasant, Pennsylvania
Source: Ownwell
$4,220
$23,080
$41,940
Average Mount Pleasant Assessed Value
$13,435
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 Mount Pleasant, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15666 | $5,290 | $9,050 | $13,435 | $21,132 | $31,200 |
Source: Ownwell
Property Tax Bills Across Mount Pleasant, Pennsylvania
In Mount Pleasant, located in Westmoreland County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects a percentage of the property's market value. Homeowners' tax bills are then calculated by applying the local tax rate to this assessed value. This rate is influenced by various factors, including municipal budget needs and school district funding requirements. For homeowners in Mount Pleasant, the median home price is $13,435, leading to a range of tax bills. At the 25th percentile, tax bills are around $1,103, while at the 75th percentile, they rise to $2,555. The 90th percentile sees tax bills reaching up to $3,695. Comparing these figures to the national median property tax rate of 0.99%, homeowners in Mount Pleasant may experience varying degrees of tax burdens, impacting their overall financial planning and property investment decisions. The highest and lowest median tax bills in the area are both recorded at $1,637 in the 15666 zip code.
Average Mount Pleasant Tax Bill
$1,637
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mount Pleasant, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15666 | $639 | $1,103 | $1,637 | $2,555 | $3,695 |
Source: Ownwell