Masontown, Fayette County, Pennsylvania Property Taxes
Median Masontown, PA effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Masontown, PA home value: $48,550
Median annual Masontown, PA tax bill: $583, $1,817 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette calculated?
Property taxes in Masontown, 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 Masontown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Masontown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Masontown, Fayette County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.41%
Estimate Property Tax Bill
$682
$633
Property Tax Rates Across Masontown, Fayette County, Pennsylvania
Local government entities determine tax rates, which can significantly differ within a state. This variation occurs because each county annually estimates the budget needed to provide services and divides it 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 the basic process undertaken each year.
In Masontown, located in Fayette County, the effective property tax rate stands at 1.27%. This rate is higher than the national median property tax rate of 1.02%, indicating that property owners in Masontown may face higher tax bills compared to the national average. However, this rate aligns with the highest and lowest median tax rates in Pennsylvania, both recorded at 1.27% in the same zip code of 15461.
Comparing Masontown’s rate to other cities within Pennsylvania and the national median, it becomes clear that property tax rates can vary widely even within a single state. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively.
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 Masontown Tax Rate
1.41%
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 Masontown, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15461 | 1.17% | 1.22% | 1.41% | 1.41% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Masontown, Fayette County, Pennsylvania
When examining property taxes in Masontown, 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 Masontown. For example, the median home price in Masontown is $48,550, with tax bills ranging significantly across the county. Zip code 15461 has the highest median home price at $48,550.
Property Tax Assessment Values Across Masontown, Fayette County, Pennsylvania
Source: Ownwell
$16,280
$57,150
$98,020
Median Masontown Market Value
$48,400
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 Masontown, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15461 | $20,892 | $33,302 | $48,400 | $65,392 | $93,101 |
Source: Ownwell
Property Tax Bills Across Masontown, Fayette County, Pennsylvania
Median Masontown Tax Bill
$666
Median Fayette County Tax Bill
$705
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Masontown, Fayette County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15461 | $263 | $446 | $666 | $898 | $1,274 |
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 |