Real
Estate Taxes
Local real estate taxes to be paid by a family living
in a $100,000 home. Millage as of January 1, 2010:
- Allegheny County 4.69 mills
(16.87%)
- Pine-Richland School District
21.9084 mills (78.81%)
- Township of Pine 1.2 mills
(4.32%)
- Total 27.7984mills (100%)
The real
estate taxes of 27.7984 mills multiplied by the fair market value of a $100,000
home equals $2,779.84. This amount is divided between Allegheny County, the Pine-Richland
School District, and the Township of Pine.
Of
the total local real estate taxes equaling $2,779.84 to be paid by this family,
Allegheny County will receive $469.00, the Pine-Richland School District will
receive $2,190.84, and the Township of Pine will receive $120.00.
Earned
Income Taxes
In addition to the local real estate taxes, a family
with a household income totaling $50,000 a year will pay a 1% earned income tax
totaling $500, which is shared equally between the school district and the township.
- 1/2 of 1% to Pine-Richland
School District = $250.00
- 1/2 of 1% to the Township
of Pine = $250.00
Total
Local Taxes
The annual total of all local taxes; county, school
and township, to be paid by a family living in a $100,000 home and with a household
income of $50,000 a year totals $3,198.84. The Township of Pine will receive $370.00
or 12% of the taxes paid in this example.
Taxing Body |
Real Estate Tax |
Earned Income Tax |
Total |
Allegheny
County |
$469.00 |
$0 |
$469.00 (14.3%) |
Pine-Richland
School District |
$2,190.84 |
$250.00 |
$2,440.84 (74.42%) |
Township of
Pine |
$120.00 |
$250.00 |
$370.00 (11.28%) |
Total |
$2,779.84 |
$500.00 |
$3,279.84 (100%) |
|
