Farmington, Fayette County, Pennsylvania Property Taxes
Median Farmington, PA effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Farmington, PA home value: $72,025
Median annual Farmington, PA tax bill: $483, $1,917 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette calculated?
Property taxes in Farmington, 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 Farmington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Farmington, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Farmington, Fayette County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$511
$475
Property Tax Rates Across Farmington, Fayette County, Pennsylvania
Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Farmington, located in Fayette County, Pennsylvania, the effective property tax rate is notably different from other cities within the state. The median property tax rate in Pennsylvania is 1.35%, which is above the national median of 1.02%. However, Farmington stands out with a median tax rate of 0.71%, providing a more favorable tax environment compared to the state average. This rate is the same across the highest and lowest median tax rates in the region, making it unique in its consistency. Homeowners in Farmington benefit from this lower tax rate, which can lead to significant savings compared to other parts of the state and the national average. This favorable tax rate can make Farmington an attractive option for property owners seeking reduced tax burdens.
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 Farmington Tax Rate
0.71%
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 Fayette County Tax Rate
0.87%
Median Effective Pennsylvania Tax Rate
2.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Farmington, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15437 | 0.47% | 0.71% | 0.71% | 0.71% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Farmington, Fayette County, Pennsylvania
When examining property taxes in Farmington, 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 Fayette County appraisal district 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 Fayette 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 Farmington. For example, the median home price in Farmington is $72,025, with tax bills ranging significantly across the county. Zip code 15437 has the highest median home price at $72,025.
Property Tax Assessment Values Across Farmington, Fayette County, Pennsylvania
Source: Ownwell
$15,915
$59,673
$103,430
Median Farmington Market Value
$72,025
Median Fayette County Market Value
$51,500
Median Pennsylvania Market Value
$114,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Farmington, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15437 | $16,445 | $37,232 | $72,025 | $121,798 | $174,731 |
Source: Ownwell
Property Tax Bills Across Farmington, Fayette County, Pennsylvania
Median Farmington Tax Bill
$483
Median Fayette County Tax Bill
$548
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Farmington, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15437 | $82 | $240 | $483 | $813 | $1,144 |
Source: Ownwell