Merrittstown, Fayette County, Pennsylvania Property Taxes
Median Merrittstown, PA effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Merrittstown, PA home value: $27,800
Median annual Merrittstown, PA tax bill: $248, $2,152 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette calculated?
Property taxes in Merrittstown, 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 Merrittstown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Merrittstown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Merrittstown, 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
$465
$432
Property Tax Rates Across Merrittstown, Fayette County, Pennsylvania
Local government entities are responsible for setting tax rates, leading to significant variations within a state. This is because each county annually estimates its budgetary needs to provide public services and then divides this by the total assessed value of all taxable properties within its area. This calculation determines the property tax rate.
While the process involves votes and legislation to set rates and budgets, this is the fundamental annual procedure. Merrittstown in Fayette County, PA, has an effective property tax rate that can be compared with other cities in Pennsylvania and the median property tax rates in the state and the U.S. Interestingly, the median property tax rate in Merrittstown aligns with the highest and lowest rates within the region, clocking in at 0.91%. This is below the national median property tax rate of 1.02%, offering a relatively lower tax burden compared to the national average. Understanding these nuances can help property owners in Merrittstown make informed decisions and potentially benefit from appealing property tax assessments.
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 Merrittstown 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 Merrittstown, Fayette County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15463 | 1.37% | 1.41% | 1.41% | 1.41% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Merrittstown, Fayette County, Pennsylvania
When examining property taxes in Merrittstown, 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 assessment authorities estimate 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 March. 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 Merrittstown.
For example, the median home price in Merrittstown is $27,800, with tax bills ranging significantly across the county. Zip code 15463 has the highest median home price at $27,800.
Property Tax Assessment Values Across Merrittstown, Fayette County, Pennsylvania
Source: Ownwell
$16,280
$57,150
$98,020
Median Merrittstown Market Value
$33,000
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 Merrittstown, Fayette County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15463 | $8,614 | $19,930 | $33,000 | $51,080 | $81,810 |
Source: Ownwell
Property Tax Bills Across Merrittstown, Fayette County, Pennsylvania
In Merrittstown, Fayette County, PA, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price is $27,800, which is significantly lower than the national median. This results in a median property tax bill of $248, considerably below the national median of $2,400. Factors influencing the tax bill include the property's assessed value and any applicable exemptions or deductions. Homeowners in Merrittstown may find their tax bills range from $142 at the 25th percentile to $647 at the 90th percentile, depending on the specific characteristics and assessed value of their property.
This variation can impact household budgets, making it essential for homeowners to ensure they are not overpaying. Ownwell assists homeowners by providing expert property tax appeal services, potentially reducing tax obligations. By analyzing assessments and filing appeals where necessary, Ownwell can help homeowners secure the most accurate and fair property tax bills, leading to potential savings and financial relief.
Median Merrittstown Tax Bill
$465
Median Fayette County Tax Bill
$705
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Merrittstown, Fayette County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15463 | $120 | $284 | $465 | $728 | $1,140 |
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 |