Rostraver Township, Pennsylvania Property Taxes
The median property tax rate in Rostraver Township, PA is 12.89%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $19,045, the typical annual property tax bill reaches $2,542, which is below the national median of $2,690. Property taxes in Rostraver Township are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Rostraver Township'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 Rostraver Township 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
Rostraver Township, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
12.89%
Estimate Property Tax Bill
$2,455
-$25,727
Ownwell’s Rostraver Township Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Rostraver Township with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Rostraver Township to project your property tax bill. This valuable tool provides clarity on potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value, determined by the county, is crucial for property tax calculations and takes any applicable exemptions into account.
Property Tax Rates Across Rostraver Township, Pennsylvania
Property taxes in Rostraver Township, PA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rostraver Township is 12.89%, significantly higher than the U.S. national median of 0.99%. Local government entities within Rostraver Township set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rostraver Township 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 Rostraver Township's effective property tax rate to other areas in Westmoreland County and the national median. For comparison, the 15479 zip code has the highest median property tax rate of 12.89%, while the 15012 zip code has the lowest median tax rate of 12.89%. Understanding how these areas compare with Rostraver Township 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 Rostraver Township Tax Rate
12.89%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rostraver Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15012 | 12.89% | 12.89% | 12.89% | 12.89% | 12.89% |
| 15087 | N/A | N/A | N/A | N/A | N/A |
| 15479 | 12.89% | 12.89% | 12.89% | 12.89% | 12.89% |
Source: Ownwell
Property Tax Assessment Values Across Rostraver Township, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Rostraver Township, 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 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. Assessment notices in Rostraver Township 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. For instance, the median home price in this area is $19,045. The zip code with the highest median tax bill is 15479, with a median of $2,621, while the lowest is 15012, at $2,543. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Rostraver Township, Pennsylvania
Source: Ownwell
$4,220
$23,080
$41,940
Average Rostraver Township Assessed Value
$19,045
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 Rostraver Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15012 | $6,018 | $11,200 | $19,050 | $31,830 | $42,710 |
| 15087 | N/A | N/A | N/A | N/A | N/A |
| 15479 | $13,235 | $15,898 | $20,335 | $24,772 | $27,435 |
Source: Ownwell
Property Tax Bills Across Rostraver Township, Pennsylvania
In Rostraver Township, Westmoreland County, PA, property tax bills are determined based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the property's market value, which is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $19,045, the tax bill can vary significantly across different percentiles. Homeowners at the 25th percentile see tax bills around $1,516, while those at the 75th percentile face bills of about $4,186. At the 90th percentile, the tax bill can reach up to $5,542. These figures indicate a wide range in tax obligations, reflecting both the diversity in property values and the impact of assessment practices. Compared to the national median property tax rate of 0.99%, Rostraver Township's tax rates can be particularly burdensome for some homeowners. Understanding these factors is crucial for residents, as property taxes significantly influence overall homeownership costs and long-term financial planning.
Average Rostraver Township Tax Bill
$2,542
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Rostraver Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15012 | $986 | $1,517 | $2,543 | $4,188 | $5,543 |
| 15087 | N/A | N/A | N/A | N/A | N/A |
| 15479 | $1,706 | $2,049 | $2,621 | $3,193 | $3,536 |
Source: Ownwell