Alburtis, Pennsylvania Property Taxes
The median property tax rate in Alburtis, PA is 4.63%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Alburtis at $126,800, the typical annual property tax bill reaches $5,431, exceeding the national median of $2,690. Property taxes in Alburtis are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Alburtis'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 Alburtis 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
Alburtis, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.63%
Estimate Property Tax Bill
$5,871
Ownwell’s Alburtis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alburtis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alburtis 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 Alburtis, Pennsylvania
Property taxes in Alburtis, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alburtis is 4.63%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Alburtis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alburtis 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 Alburtis's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18011 zip code has the highest median property tax rate of 4.63%, while the same zip code also has the lowest median tax rate of 4.63%. Understanding how these cities compare with Alburtis 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 Alburtis Tax Rate
4.63%
Average Berks County Tax Rate
4.37%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alburtis, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18011 | 2.97% | 4.42% | 4.63% | 4.63% | 4.63% |
Source: Ownwell
Property Tax Assessment Values Across Alburtis, Pennsylvania
In Alburtis, 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 Alburtis, 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. For instance, the median home price in Alburtis is $126,800, with tax bills ranging from $4,108 at the 25th percentile to $9,532 at the 90th percentile. The zip code 18011 has both the highest and lowest median tax bill at $5,431. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to effectively manage the tax burden.
Average Alburtis Assessed Value
$126,800
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 Alburtis, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18011 | $69,150 | $97,200 | $126,800 | $171,650 | $240,650 |
Source: Ownwell
Property Tax Bills Across Alburtis, Pennsylvania
Property tax bills in Alburtis, located in Berks County, PA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county's property assessor, who evaluates the property's market value and applies an assessment ratio to arrive at the taxable value. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition. In Alburtis, the median home price is $126,800, which serves as a baseline for tax calculations. Homeowners in this area can expect varying tax bills, with the 25th percentile at $4,108 and the 75th percentile at $7,076. The 90th percentile reaches up to $9,532, demonstrating a significant range in tax obligations. These property taxes fund essential public services, such as schools and emergency services, directly impacting the quality of life for homeowners. Compared to the national median property tax rate of 0.99%, Alburtis residents face a higher tax burden, reflecting the area's specific valuation and funding needs.
Average Alburtis Tax Bill
$5,431
Average Berks County Tax Bill
$4,153
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Alburtis, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18011 | $2,895 | $4,108 | $5,431 | $7,076 | $9,532 |
Source: Ownwell