Murrysville, Pennsylvania Property Taxes
The median property tax rate in Murrysville, 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 Murrysville, the typical annual property tax bill reaches $4,800, exceeding the national median of $2,690. Property taxes in Murrysville 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 Murrysville'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 Murrysville 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
Murrysville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
13.99%
Estimate Property Tax Bill
$4,804
-$50,348
Ownwell’s Murrysville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Murrysville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Murrysville 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 Murrysville, Pennsylvania
Property taxes in Murrysville, PA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Murrysville is 13.99%, significantly higher than the U.S. national median of 0.99%. Local government entities within Murrysville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Murrysville 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 Murrysville's effective property tax rate to other areas in Westmoreland County and the national median. For comparison, the 15668 zip code has the highest median property tax rate of 13.99%, while the 15632 zip code has the lowest median tax rate of 13.99%. Understanding how these areas compare with Murrysville 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 Murrysville 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 Murrysville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15632 | 13.99% | 13.99% | 13.99% | 13.99% | 13.99% |
| 15668 | 13.99% | 13.99% | 13.99% | 13.99% | 13.99% |
Source: Ownwell
Property Tax Assessment Values Across Murrysville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Murrysville, PA. 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. Assessment notices in Murrysville 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 Murrysville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $4,972 in zip code 15632, while the lowest is $4,798 in zip code 15668.
Average Murrysville Assessed Value
$34,340
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 Murrysville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15632 | $12,373 | $20,722 | $35,540 | $47,382 | $59,280 |
| 15668 | $11,942 | $23,630 | $34,320 | $45,152 | $60,048 |
Source: Ownwell
Property Tax Bills Across Murrysville, Pennsylvania
In Murrysville, property tax bills are calculated based on the assessed value of a property, which is determined by the Westmoreland County Assessor's Office. The assessed value is a percentage of the market value of the home. Homeowners in Murrysville can expect varying tax bills depending on their property’s assessed value, with the median home price being $34,340. Tax bills can range significantly; for instance, the 25th percentile tax bill is $3,311, while the 75th percentile reaches $6,321. At the higher end, the 90th percentile tax bill is $8,402. These figures highlight the variability in tax obligations across different properties. The highest median tax bill in the area is $4,972 in the 15632 zip code, while the lowest is $4,798 in the 15668 zip code. Comparatively, the national median property tax rate is 0.99%, suggesting that Murrysville's tax rates might be higher or lower depending on specific assessed values and local tax rates. This variability in property tax bills directly impacts homeowners, influencing both monthly expenses and long-term financial planning.
Average Murrysville Tax Bill
$4,800
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Murrysville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15632 | $1,731 | $2,899 | $4,972 | $6,629 | $8,293 |
| 15668 | $1,677 | $3,317 | $4,798 | $6,316 | $8,401 |
Source: Ownwell