Rillton, Pennsylvania Property Taxes
The median property tax rate in Rillton, PA is 12.81%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Rillton, the typical annual property tax bill reaches $1,592, exceeding the national median of $2,690. Property taxes in Rillton 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 Rillton'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 Rillton 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
Rillton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
12.81%
Estimate Property Tax Bill
$1,592
-$16,687
Ownwell’s Rillton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rillton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rillton 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 Rillton, Pennsylvania
Property taxes in Rillton, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rillton is 1.51%, higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Rillton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rillton 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 Rillton's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15678 ZIP code has the highest median property tax rate of 1.51%, while the same ZIP code also has the lowest median tax rate of 1.51%. Understanding how these cities compare with Rillton 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 Rillton 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 Rillton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15678 | 12.81% | 12.81% | 12.81% | 12.81% | 12.81% |
Source: Ownwell
Property Tax Assessment Values Across Rillton, Pennsylvania
In Rillton, 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 Rillton, 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 Rillton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the zip code with the highest median tax bill is 15678, with a median tax bill of $1,592. Understanding these details can empower homeowners to make informed decisions about their property taxes.
Average Rillton Assessed Value
$12,430
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 Rillton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15678 | $5,045 | $7,708 | $12,430 | $20,242 | $30,400 |
Source: Ownwell
Property Tax Bills Across Rillton, Pennsylvania
In Rillton, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate set by Westmoreland County to determine the annual tax bill. Key factors influencing the tax bill include property size, location, and market conditions. For instance, in Rillton, the median home price is $12,430. Homeowners in the 25th percentile can expect an annual tax bill around $977, while those in the 75th percentile might see bills closer to $2,593. The top 10% of homeowners face even higher bills, with the 90th percentile reaching $3,894. Comparatively, the national median property tax rate stands at 0.99%, making Rillton's tax landscape unique. These taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting homeowners by supporting community development and property value stability.
Average Rillton Tax Bill
$1,592
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Rillton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15678 | $646 | $977 | $1,592 | $2,593 | $3,894 |
Source: Ownwell