Breinigsville, Pennsylvania Property Taxes
The median property tax rate in Breinigsville, 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 Breinigsville at $112,700, the typical annual property tax bill reaches $5,220, exceeding the national median of $2,690. Property taxes in Breinigsville 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 Breinigsville'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 Breinigsville 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
Breinigsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.63%
Estimate Property Tax Bill
$5,218
Ownwell’s Breinigsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Breinigsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Breinigsville 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 Breinigsville, Pennsylvania
Property taxes in Breinigsville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Breinigsville is 4.63%, significantly higher than the U.S. national median of 0.99%. Local government entities within Breinigsville set these rates annually, and they can vary across different neighborhoods. Each year, Breinigsville 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 Breinigsville's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 18031 has the same median property tax rate of 4.63%. Understanding how these cities compare with Breinigsville 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 Breinigsville 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 Breinigsville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18031 | 4.00% | 4.63% | 4.63% | 4.63% | 4.63% |
Source: Ownwell
Property Tax Assessment Values Across Breinigsville, Pennsylvania
In Breinigsville, 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 Breinigsville, 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 Breinigsville 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 are $5,220, both found in the 18031 zip code.
Property Tax Assessment Values Across Breinigsville, Pennsylvania
Source: Ownwell
$21,200
$200,375
$379,550
Average Breinigsville Assessed Value
$112,700
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 Breinigsville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18031 | $86,400 | $92,900 | $112,700 | $129,100 | $143,800 |
Source: Ownwell
Property Tax Bills Across Breinigsville, Pennsylvania
Property tax bills in Breinigsville, located in Berks County, PA, are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as property size, location, and market conditions play a significant role in determining the assessed value. For homeowners in Breinigsville, the median home price stands at $112,700. Tax bills can vary significantly, with the 25th percentile at $4,298 and the 75th percentile reaching $5,979. The highest median tax bill in the area is $5,220, which is notably higher than the national median property tax rate of 0.99%. This higher tax burden can impact homeowners by increasing their overall cost of living, potentially affecting their financial planning and homeownership affordability. Understanding these factors is crucial for homeowners to effectively manage their property tax obligations.
Average Breinigsville Tax Bill
$5,220
Average Berks County Tax Bill
$4,153
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Breinigsville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18031 | $4,002 | $4,298 | $5,220 | $5,979 | $6,484 |
Source: Ownwell