Whitney, Pennsylvania Property Taxes
The median property tax rate in Whitney, PA is 11.07%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Whitney at $7,425, the typical annual property tax bill reaches $828, exceeding the national median of $2,690. Property taxes in Whitney 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 Whitney'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 Whitney 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
Whitney, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.07%
Estimate Property Tax Bill
$822
-$8,614
Ownwell’s Whitney Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whitney with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whitney 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 Whitney, Pennsylvania
Property taxes in Whitney, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whitney is 1.35%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Whitney set these rates annually, and they can vary significantly across different neighborhoods. Each year, Whitney 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 Whitney's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15693 zip code has the highest median property tax rate of 1.35%, while the same zip code also has the lowest median tax rate of 1.35%. Understanding how these cities compare with Whitney 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 Whitney Tax Rate
11.07%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Whitney, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15693 | 11.07% | 11.07% | 11.07% | 11.07% | 11.07% |
Source: Ownwell
Property Tax Assessment Values Across Whitney, Pennsylvania
In Whitney, 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 local appraisal district 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 Whitney, 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 Whitney helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code 15693 in Whitney has both the highest and lowest median tax bill at $828.00.
Average Whitney Assessed Value
$7,425
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 Whitney, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15693 | $3,861 | $5,865 | $7,425 | $9,202 | $12,801 |
Source: Ownwell
Property Tax Bills Across Whitney, Pennsylvania
In Whitney, located in Westmoreland County, PA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Whitney is $7,425. The property tax rate is applied to this assessed value to determine the annual tax bill. Various factors, including the property’s size, location, and condition, influence the assessed value. Homeowners in Whitney can expect tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $661, while at the 75th percentile, it rises to $1,019. At the 90th percentile, the tax bill can reach up to $1,435. These figures indicate a range of tax burdens, reflecting differences in property values and assessments within the area. Compared to the national median property tax rate of 0.99%, Whitney's tax bills suggest a relatively higher burden on homeowners, given the lower median home prices. This can significantly impact homeowners, particularly those on fixed incomes, making it essential to understand and potentially appeal property assessments to ensure fair taxation.
Average Whitney Tax Bill
$828
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Whitney, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15693 | $448 | $661 | $828 | $1,019 | $1,435 |
Source: Ownwell