Youngstown, Pennsylvania Property Taxes
The median property tax rate in Youngstown, PA, is 11.25%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Youngstown at $8,560, the typical annual property tax bill is $963, which is below the national median of $2,690. Property taxes in Youngstown are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Youngstown'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 Youngstown 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
Youngstown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
11.25%
Estimate Property Tax Bill
$963
-$10,092
Ownwell’s Youngstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Youngstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Youngstown 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 Youngstown, Pennsylvania
Property taxes in Youngstown, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Youngstown is 11.25%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Youngstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Youngstown 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 Youngstown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15696 zip code has both the highest and lowest median property tax rate of 11.25%. Understanding how these cities compare with Youngstown 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 Youngstown Tax Rate
11.25%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Youngstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15696 | 11.25% | 11.25% | 11.25% | 11.25% | 11.25% |
Source: Ownwell
Property Tax Assessment Values Across Youngstown, Pennsylvania
In Youngstown, 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 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 Youngstown, 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 Youngstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15696 has the highest and lowest median tax bill, both at $963.
Average Youngstown Assessed Value
$8,560
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 Youngstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15696 | $3,924 | $6,435 | $8,560 | $11,518 | $17,177 |
Source: Ownwell
Property Tax Bills Across Youngstown, Pennsylvania
In Youngstown, PA, property tax bills are calculated based on the assessed value of the home, which is determined by the county. The median home price in Youngstown is $8,560, significantly lower than the national median. The property tax rate in this region is applied to the assessed value to determine the annual tax bill. Factors such as the home's size, location, and condition can influence its assessed value. For homeowners, this means that even a slight change in the assessed value can significantly impact their tax bill. In Youngstown, the tax bills vary widely, with the 25th percentile at $733 and the 75th percentile at $1,298. The 90th percentile tax bill can go up to $1,938. These figures show that while property taxes in Youngstown can be relatively low compared to the national median property tax rate of 0.99%, they still represent a considerable expense for homeowners. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Youngstown Tax Bill
$963
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Youngstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15696 | $452 | $733 | $963 | $1,298 | $1,938 |
Source: Ownwell