Adamstown, Pennsylvania Property Taxes
The median property tax rate in Adamstown, PA is 0.77%, which is lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Adamstown, the typical annual property tax bill reaches $671, significantly less than the national median of $2,690. Property taxes in Adamstown are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Adamstown's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Adamstown or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Adamstown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$675
Ownwell’s Adamstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adamstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adamstown to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Adamstown, Pennsylvania
Property taxes in Adamstown, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adamstown is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Adamstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adamstown estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Adamstown's effective property tax rate to other areas in Berks County and the national median. For comparison, the 19501 zip code has the highest median property tax rate of 0.77%, while the same zip code also has the lowest median tax rate of 0.77%. Understanding how these cities compare with Adamstown provides valuable insights into the varying tax landscape across Berks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adamstown Tax Rate
0.77%
Average Berks County Tax Rate
4.37%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adamstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19501 | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Adamstown, Pennsylvania
In Adamstown, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Berks County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Adamstown, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Adamstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area, both at $671, are found in the 19501 zip code.
Average Adamstown Assessed Value
$87,600
Average Berks County Assessed Value
$97,000
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adamstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19501 | $87,600 | $87,600 | $87,600 | $87,600 | $87,600 |
Source: Ownwell
Property Tax Bills Across Adamstown, Pennsylvania
In Adamstown, located in Berks County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Adamstown is $87,600, and the property tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in this area, the tax bill is consistent, with the 25th, 75th, and 90th percentiles all at $671. This uniformity indicates a stable property tax environment within the city. To calculate the tax bill, local authorities assess the property value and apply the relevant tax rate. This rate is determined by local government budgets and the needs of the community, ensuring that essential services such as schools, infrastructure, and emergency services are funded. For homeowners, this means that a portion of their property’s value is paid annually as tax, impacting their overall cost of homeownership. Compared to the national median property tax rate of 0.99%, Adamstown's property tax rate provides a predictable and manageable expense for its residents.
Average Adamstown Tax Bill
$671
Average Berks County Tax Bill
$4,153
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Adamstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19501 | $671 | $671 | $671 | $671 | $671 |
Source: Ownwell