New Alexandria, Pennsylvania Property Taxes
The median property tax rate in New Alexandria, PA is 11.92%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $15,800 in New Alexandria, the typical annual property tax bill reaches $1,963, falling below the national median of $2,690. Property taxes in New Alexandria are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding New Alexandria'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 New Alexandria 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
New Alexandria, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.92%
Estimate Property Tax Bill
$1,883
-$19,738
Ownwell’s New Alexandria Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in New Alexandria with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in New Alexandria 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 New Alexandria, Pennsylvania
Property taxes in New Alexandria, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in New Alexandria is 11.92%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within New Alexandria set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Alexandria 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 New Alexandria's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15670 zip code has the highest median property tax rate of 11.92%, while the same zip code also has the lowest median tax rate of 11.92%. Understanding how these cities compare with New Alexandria 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 New Alexandria Tax Rate
11.92%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across New Alexandria, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15670 | 11.73% | 11.73% | 11.92% | 12.33% | 14.62% |
Source: Ownwell
Property Tax Assessment Values Across New Alexandria, Pennsylvania
In New Alexandria, 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 New Alexandria, 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 New Alexandria 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 15670, with a value of $1,963.
Property Tax Assessment Values Across New Alexandria, Pennsylvania
Source: Ownwell
$4,220
$23,080
$41,940
Average New Alexandria Assessed Value
$15,800
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 New Alexandria, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15670 | $4,000 | $8,895 | $15,800 | $23,608 | $32,700 |
Source: Ownwell
Property Tax Bills Across New Alexandria, Pennsylvania
In New Alexandria, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as the size of the property, location, and improvements made to the property can influence its assessed value. Homeowners in New Alexandria experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $1,131, while at the 75th percentile, it rises to $2,893. At the 90th percentile, homeowners could be paying as much as $4,011 annually. The highest median tax bill in the area is $1,963, which is significantly higher than the national median property tax rate of 0.99%. This variability in tax bills can significantly impact homeowners, influencing their financial planning and potentially affecting property values in the area.
Average New Alexandria Tax Bill
$1,963
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across New Alexandria, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15670 | $551 | $1,131 | $1,963 | $2,893 | $4,011 |
Source: Ownwell