| Municipal
Tax Comparison 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
(17.4%)
- Pine-Richland School District
21.0984 mills (78.2%)
- Township of Pine 1.2 mills
(4.4%)
- Total 26.9884 mills (100%)
The real
estate taxes of 26.9884 mills multiplied by the fair market value of a $100,000
home equals $2,698.84. 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 $2,698.84 to be paid by this family,
Allegheny County will receive $469.00, the Pine-Richland School District will
receive $2,109.84, 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 (15%) |
|
Pine-Richland
School District |
$2,109.84 |
$250.00 |
$2,359.84 (73%) |
|
Township of
Pine | $120.00 |
$250.00 |
$370.00 (12%) |
|
Total |
$2,698.84 |
$500.00 |
$3,198.84 (100%) |
|
