Mount Braddock, Fayette County, Pennsylvania Property Taxes
Median Mount Braddock, PA effective property tax rate: 2.65%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Mount Braddock, PA home value: $49,820
Median annual Mount Braddock, PA tax bill: $1,321, $1,079 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette calculated?
Property taxes in Mount Braddock, 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 Mount Braddock’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mount Braddock, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mount Braddock, Fayette County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.42%
Estimate Property Tax Bill
$703
$652
Property Tax Rates Across Mount Braddock, Fayette County, Pennsylvania
As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its 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.
Mount Braddock in Fayette County, PA, has an effective property tax rate of 2.65%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to other cities in Pennsylvania, Mount Braddock stands out with its relatively high rate. The median property tax rate for the state is also 2.65%, aligning with Mount Braddock's rate. This suggests that homeowners in this region may face higher property tax bills than many other areas in the country, where the national median property tax bill is $2,400. Understanding these rates is crucial for property owners looking to manage their expenses effectively.
Property Tax Rates Across Mount Braddock, Fayette County, Pennsylvania
Source: Ownwell
1.15%
1.42%
1.68%
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 Mount Braddock Tax Rate
1.42%
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 Mount Braddock, Fayette County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15465 | 1.42% | 1.42% | 1.42% | 1.42% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Mount Braddock, Fayette County, Pennsylvania
When examining property taxes in Mount Braddock, 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 Mount Braddock. For example, the median home price in Mount Braddock is $49,820, with tax bills ranging significantly across the county. Zip code 15465 has the highest median home price at $49,820.
Property Tax Assessment Values Across Mount Braddock, Fayette County, Pennsylvania
Source: Ownwell
$16,280
$57,150
$98,020
Median Mount Braddock Market Value
$49,490
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 Mount Braddock, Fayette County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15465 | $21,752 | $35,170 | $49,490 | $64,540 | $92,768 |
Source: Ownwell
Property Tax Bills Across Mount Braddock, Fayette County, Pennsylvania
Median Mount Braddock Tax Bill
$704
Median Fayette County Tax Bill
$705
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Mount Braddock, Fayette County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15465 | $306 | $496 | $704 | $919 | $1,318 |
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 |