Lenhartsville, Pennsylvania Property Taxes
The median property tax rate in Lenhartsville, PA is 3.86%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $114,400 in Lenhartsville, the typical annual property tax bill reaches $4,169, surpassing the national median of $2,690. Property taxes in Lenhartsville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Lenhartsville'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 Lenhartsville 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
Lenhartsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.86%
Estimate Property Tax Bill
$4,416
Ownwell’s Lenhartsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lenhartsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lenhartsville 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 Lenhartsville, Pennsylvania
Property taxes in Lenhartsville, Pennsylvania, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Lenhartsville is 3.86%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Lenhartsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lenhartsville 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 Lenhartsville's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 19534 has the highest median property tax rate of 3.86%, while the same zip code also has the lowest median tax rate of 3.86%. Understanding how these areas compare with Lenhartsville 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 Lenhartsville Tax Rate
3.86%
Average Berks County Tax Rate
4.37%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lenhartsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19534 | 2.43% | 3.86% | 3.86% | 4.12% | 4.12% |
Source: Ownwell
Property Tax Assessment Values Across Lenhartsville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Lenhartsville, PA. 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 Lenhartsville, 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 Lenhartsville 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 both $4,169, found in zip code 19534.
Property Tax Assessment Values Across Lenhartsville, Pennsylvania
Source: Ownwell
$21,200
$200,375
$379,550
Average Lenhartsville Assessed Value
$114,400
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 Lenhartsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19534 | $43,480 | $81,200 | $114,400 | $171,700 | $249,980 |
Source: Ownwell
Property Tax Bills Across Lenhartsville, Pennsylvania
In Lenhartsville, Berks County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the home's market value, determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $114,400, homeowners in Lenhartsville can expect varying tax bills. The 25th percentile tax bill is around $3,093, while the 75th percentile reaches $5,836, and the 90th percentile can go up to $7,852. These figures highlight the range of tax burdens homeowners may face, depending on their property's assessed value and specific circumstances. Compared to the national median property tax rate of 0.99%, Lenhartsville's property tax rates can be relatively high, impacting homeowners' overall financial planning. Understanding these factors helps homeowners anticipate their annual expenses and manage their budgets accordingly.
Average Lenhartsville Tax Bill
$4,169
Average Berks County Tax Bill
$4,153
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Lenhartsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19534 | $1,616 | $3,093 | $4,169 | $5,836 | $7,852 |
Source: Ownwell