Trafford, Pennsylvania Property Taxes
The median property tax rate in Trafford, PA is 12.89%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $19,660 in Trafford, the typical annual property tax bill reaches $2,606, just below the national median of $2,690. Property taxes in Trafford 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 Trafford'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 Trafford 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
Trafford, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
12.89%
Estimate Property Tax Bill
$2,534
-$26,558
Ownwell’s Trafford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Trafford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Trafford 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 Trafford, Pennsylvania
Property taxes in Trafford, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Trafford is 12.89%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Trafford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Trafford 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 Trafford's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15085 has the highest median property tax rate of 12.89%, while the lowest median tax rate is also in zip code 15085 at 12.89%. Understanding how these cities compare with Trafford 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 Trafford 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 Trafford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15085 | 12.89% | 12.89% | 12.89% | 14.27% | 14.27% |
Source: Ownwell
Property Tax Assessment Values Across Trafford, Pennsylvania
In Trafford, 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 Trafford, 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. For instance, the median home price in Trafford is $19,660, with tax bills ranging from $1,885 at the 25th percentile to $5,311 at the 90th percentile. The highest median tax bill, $2,606, is found in the 15085 zip code, which also has the lowest median tax bill. By understanding 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.
Average Trafford Assessed Value
$19,660
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 Trafford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15085 | $8,674 | $13,585 | $19,660 | $28,420 | $40,432 |
Source: Ownwell
Property Tax Bills Across Trafford, Pennsylvania
In Trafford, located in Westmoreland County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the market value of the property. Homeowners in Trafford can expect their tax bills to vary significantly, with the 25th percentile tax bill at $1,885, rising to $3,726 at the 75th percentile, and reaching up to $5,311 at the 90th percentile. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. These tax bills can have a substantial impact on homeowners, affecting their annual budget and long-term financial planning. For instance, the median home price in Trafford is $19,660, making the property tax rate considerably higher than the national median of 0.99%. Homeowners should be aware of these factors to better manage their finances and explore potential tax appeal opportunities if they believe their property has been over-assessed.
Average Trafford Tax Bill
$2,606
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Trafford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15085 | $1,214 | $1,885 | $2,606 | $3,726 | $5,311 |
Source: Ownwell