Observatory, Allegheny County, Pennsylvania Property Taxes
Median Observatory, PA effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Observatory, PA home value: $118,800
Median annual Observatory, PA tax bill: $893, $1,507 lower than the national median property tax bill of $2,400.
How are property taxes in Allegheny calculated?
Property taxes in Observatory, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Observatory’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Observatory, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Observatory, Allegheny County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.71%
Estimate Property Tax Bill
$3,238
$3,005
$1,102
Average Tax Savings
Property Tax Rates Across Observatory, Allegheny County, Pennsylvania
Local government entities set property tax rates, which can vary significantly within Pennsylvania. This variation arises from each county's annual budget estimation for providing services, divided by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
You can compare Observatory’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in the state and the U.S. Observatory, located in Allegheny County, reflects the dynamics of property taxation in Pennsylvania. The state’s median property tax rate is 0.74%, below the national median of 1.02%. This positions Pennsylvania as a state with relatively favorable property tax rates compared to the national landscape. However, within Pennsylvania, tax rates can still vary, as seen in Allegheny County, where the highest and lowest median tax rates are both 0.74%. Understanding these variations is crucial for property owners seeking to optimize their tax liabilities.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Observatory Tax Rate
2.71%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Allegheny County Tax Rate
2.77%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Observatory, Allegheny County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15214 | 2.26% | 2.30% | 2.71% | 2.96% | 3.02% |
Source: Ownwell
$1,102
Average Observatory Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Observatory, Allegheny County, Pennsylvania
When examining property taxes in Observatory, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Allegheny County assessment office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Allegheny County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Observatory.
For example, the median home price in Observatory is $118,800, with tax bills ranging significantly across the county. Zip code 15214 has the highest median home price at $118,800.
Property Tax Assessment Values Across Observatory, Allegheny County, Pennsylvania
Source: Ownwell
$23,400
$310,675
$597,950
Median Observatory Market Value
$119,500
Median Allegheny County Market Value
$109,400
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Observatory, Allegheny County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15214 | $105,880 | $111,500 | $119,500 | $130,250 | $142,740 |
Source: Ownwell
$1,102
Average Observatory Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Observatory, Allegheny County, Pennsylvania
In Observatory, located in Allegheny County, PA, property tax bills are calculated based on the assessed value of a home, which reflects a percentage of its market value. Homeowners in this area face a median property tax bill of $893, significantly lower than the national median of $2,400. Tax rates and assessed values are key factors in determining the final bill. These rates can vary within different parts of the county, affecting homeowners differently. For instance, a home in the 25th percentile might incur a tax bill of $753, while a home in the 90th percentile could see a bill as high as $3,798.
High property tax bills can strain homeowners financially, making it crucial to ensure assessments are accurate and fair. Ownwell assists homeowners by offering property tax appeal services, potentially reducing their tax burden. By leveraging expertise in local tax regulations and market trends, Ownwell helps homeowners navigate the appeal process, aiming to lower their property tax bills and achieve significant savings.
Property Tax Bills Across Observatory, Allegheny County, Pennsylvania
Source: Ownwell
$569
$8,974
$17,379
Median Observatory Tax Bill
$3,136
Median Allegheny County Tax Bill
$3,120
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Observatory, Allegheny County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15214 | $2,512 | $2,722 | $3,136 | $3,618 | $4,066 |
Source: Ownwell
$1,102
Average Observatory Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 2 |
Links | |
|---|---|
| Allegheny Tax Assessor | |
| Website | realestate.alleghenycounty.us |
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