Grindstone, Fayette County, Pennsylvania Property Taxes
Median Grindstone, PA effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Grindstone, PA home value: $43,475
Median annual Grindstone, PA tax bill: $383, $2,017 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette calculated?
Property taxes in Grindstone, 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 Grindstone’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grindstone, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grindstone, Fayette County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$582
$540
Property Tax Rates Across Grindstone, Fayette County, Pennsylvania
Local government entities determine tax rates, which can vary significantly within a state. This variation is due to each county annually estimating its budgetary needs for services and dividing that by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the general yearly process.
In Grindstone, located in Fayette County, Pennsylvania, the effective property tax rate is an essential factor for homeowners to consider. The median property tax rate in Pennsylvania is 0.88%, which is below the national median of 1.02%. This means homeowners in Grindstone generally face lower property tax rates compared to the national average. However, it's important to note that tax rates can still differ within the county, and understanding these variations can help property owners make informed decisions.
Comparing Grindstone's effective property tax rate with other cities in Pennsylvania, as well as state and national medians, can provide valuable insights for prospective homeowners and those looking to appeal their property taxes.
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 Grindstone Tax Rate
1.37%
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
1.37%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grindstone, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15442 | 1.37% | 1.37% | 1.37% | 1.63% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Grindstone, Fayette County, Pennsylvania
When examining property taxes in Grindstone, 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 May. 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 Grindstone.
For example, the median home price in Grindstone is $43,475, with tax bills ranging significantly across the county. Zip code 15442 has the highest median home price at $43,475.
Property Tax Assessment Values Across Grindstone, Fayette County, Pennsylvania
Source: Ownwell
$16,280
$57,150
$98,020
Median Grindstone Market Value
$42,510
Median Fayette County Market Value
$50,590
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grindstone, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15442 | $13,682 | $23,698 | $42,510 | $74,155 | $115,719 |
Source: Ownwell
Property Tax Bills Across Grindstone, Fayette County, Pennsylvania
In Grindstone, located in Fayette County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $43,475, which significantly affects the tax bill. Homeowners in Grindstone typically experience property tax bills ranging from $233 at the 25th percentile to $939 at the 90th percentile. The median property tax bill in the region, specifically in zip code 15442, is $383. This is considerably lower than the national median property tax bill of $2,400. The local tax rate applied to the assessed value determines the final tax bill, impacting homeowners' annual expenses.
Ownwell assists homeowners in Grindstone by offering property tax appeal and exemption services. By analyzing property assessments and market data, Ownwell identifies opportunities to challenge inflated assessments, potentially reducing tax bills. This service not only helps homeowners save money but also ensures they are not overpaying on their property taxes.
Median Grindstone Tax Bill
$627
Median Fayette County Tax Bill
$705
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Grindstone, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15442 | $192 | $343 | $627 | $1,120 | $1,599 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Fayette Tax Assessor | |
| Website | property.co.fayette.pa.us |