Shoemakersville, Pennsylvania Property Taxes
The median property tax rate in Shoemakersville, PA is 3.54%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Shoemakersville at $88,350, the typical annual property tax bill reaches $3,289, exceeding the national median of $2,690. Property taxes in Shoemakersville 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 Shoemakersville'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 Shoemakersville 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
Shoemakersville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.54%
Estimate Property Tax Bill
$3,128
Ownwell’s Shoemakersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shoemakersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shoemakersville 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 Shoemakersville, Pennsylvania
Property taxes in Shoemakersville, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shoemakersville is 3.54%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Shoemakersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shoemakersville 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 Shoemakersville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19555 zip code has both the highest and lowest median property tax rate of 3.54%. Understanding how these areas compare with Shoemakersville 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 Shoemakersville Tax Rate
3.54%
Average Berks County Tax Rate
4.37%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shoemakersville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19555 | 3.54% | 3.54% | 3.54% | 4.11% | 4.11% |
Source: Ownwell
Property Tax Assessment Values Across Shoemakersville, Pennsylvania
In Shoemakersville, 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 Shoemakersville, 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. The median home price in Shoemakersville is $88,350, with tax bills ranging from $2,732 at the 25th percentile to $5,826 at the 90th percentile. The highest and lowest median tax bills are both $3,289 in the 19555 zip code. 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 Shoemakersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Shoemakersville, Pennsylvania
Source: Ownwell
$21,200
$200,375
$379,550
Average Shoemakersville Assessed Value
$88,350
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 Shoemakersville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19555 | $56,900 | $71,275 | $88,350 | $118,950 | $168,880 |
Source: Ownwell
Property Tax Bills Across Shoemakersville, Pennsylvania
In Shoemakersville, located in Berks County, PA, property tax bills are calculated based on the assessed value of a home rather than its market value. The assessed value is determined by the county assessor's office and is used as the basis for calculating property taxes. Homeowners in Shoemakersville can expect their tax bills to vary significantly depending on their property’s assessed value and the specific tax rates set by local taxing authorities. For instance, the tax bill at the 25th percentile is approximately $2,732, while at the 75th percentile, it rises to around $4,308. Homeowners at the 90th percentile can see tax bills as high as $5,826. This range illustrates the variability in property tax burdens within the city. The median home price in Shoemakersville is $88,350, and with a median tax bill of $3,289, residents face a tax rate that is notably higher than the national median property tax rate of 0.99%. This higher tax rate can significantly impact homeowners, influencing their overall housing costs and long-term financial planning.
Average Shoemakersville Tax Bill
$3,289
Average Berks County Tax Bill
$4,153
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Shoemakersville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19555 | $2,228 | $2,732 | $3,289 | $4,308 | $5,826 |
Source: Ownwell