Fayette City, Fayette County, Pennsylvania Property Taxes
Median Fayette City, PA effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Fayette City, PA home value: $50,095
Median annual Fayette City, PA tax bill: $499, $1,901 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette calculated?
Property taxes in Fayette City, 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 Fayette City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fayette City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fayette City, Fayette County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.89%
Estimate Property Tax Bill
$446
$414
Property Tax Rates Across Fayette City, Fayette County, Pennsylvania
Local government entities set property tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide 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, in a nutshell, this is the annual process.
In Fayette City, located in Fayette County, Pennsylvania, the effective property tax rate stands at 0.89%. This rate is below the national median property tax rate of 1.02%, offering property owners in Fayette City a relatively favorable tax environment. The median property tax bill in Fayette City is also likely to be below the national median of $2400, providing additional savings for homeowners. This lower tax rate can be an attractive aspect for potential property buyers or investors looking to maximize their return on investment.
By understanding these rates, property owners can better anticipate their annual tax liabilities and make informed decisions about their investments.
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 City Tax Rate
0.89%
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 Fayette City, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15438 | 0.88% | 0.89% | 0.89% | 1.03% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Fayette City, Fayette County, Pennsylvania
When examining property taxes in Fayette City, 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 Fayette City. For example, the median home price in Fayette City is $50,095, with tax bills ranging significantly across the county. ZIP code 15438 has the highest median home price at $50,095.
Property Tax Assessment Values Across Fayette City, Fayette County, Pennsylvania
Source: Ownwell
$15,915
$59,673
$103,430
Median Fayette City Market Value
$50,095
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 Fayette City, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15438 | $18,651 | $34,355 | $50,095 | $92,360 | $143,486 |
Source: Ownwell
Property Tax Bills Across Fayette City, Fayette County, Pennsylvania
Median Fayette City Tax Bill
$499
Median Fayette County Tax Bill
$548
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Fayette City, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15438 | $150 | $342 | $499 | $832 | $1,264 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
|---|
Links | |
|---|---|
| Fayette Tax Assessor | |
| Website | property.co.fayette.pa.us |