Slickville, Pennsylvania Property Taxes
The median property tax rate in Slickville, PA is 11.92%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Slickville at $7,020, the typical annual property tax bill reaches $929, which is still below the national median of $2,690. Property taxes in Slickville 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 Slickville'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 Slickville 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
Slickville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.92%
Estimate Property Tax Bill
$837
-$8,769
Ownwell’s Slickville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Slickville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Slickville 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 Slickville, Pennsylvania
Property taxes in Slickville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Slickville is 11.92%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Slickville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Slickville 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 Slickville's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 15684 has both the highest and lowest median property tax rate of 11.92%. Understanding how these areas compare with Slickville 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 Slickville 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 Slickville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15684 | 11.92% | 11.92% | 11.92% | 14.62% | 14.62% |
Source: Ownwell
Property Tax Assessment Values Across Slickville, Pennsylvania
In Slickville, 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 Slickville, 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. The median home price in the area is $7,020, with tax bills ranging from $636 at the 25th percentile to $2,062 at the 90th percentile. The highest and lowest median tax bills in the region are both $929, found in the 15684 zip code. 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 Slickville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Slickville Assessed Value
$7,020
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 Slickville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15684 | $1,316 | $4,840 | $7,020 | $10,290 | $15,642 |
Source: Ownwell
Property Tax Bills Across Slickville, Pennsylvania
In Slickville, 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 to determine the annual tax bill. For example, with a median home price of $7,020, homeowners can expect varying tax bills. The 25th percentile tax bill is around $636, while the 75th percentile reaches approximately $1,334. At the 90th percentile, homeowners may see tax bills as high as $2,062. Several factors influence these calculations, including property size, location, and any improvements made to the home. These tax bills have a significant impact on homeowners, affecting their overall financial planning and housing affordability. Compared to the national median property tax rate of 0.99%, Slickville's rates can be seen as relatively high, especially when considering the highest and lowest median tax bills both stand at $929 in the 15684 zip code. Understanding these factors can help homeowners better anticipate their annual expenses.
Average Slickville Tax Bill
$929
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Slickville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15684 | $221 | $636 | $929 | $1,334 | $2,062 |
Source: Ownwell