Churchville, Pennsylvania Property Taxes
The median property tax rate in Churchville, PA is 1.71%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Churchville at $336,170, the typical annual property tax bill reaches $5,809, significantly exceeding the national median of $2,690. Property taxes in Churchville 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 Churchville'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 Churchville 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
Churchville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.71%
Estimate Property Tax Bill
$5,749
Ownwell’s Churchville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Churchville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Churchville 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 Churchville, Pennsylvania
Property taxes in Churchville, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Churchville is 1.71%, significantly higher than the U.S. national median of 0.99%. Local government entities within Churchville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Churchville 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 Churchville's effective property tax rate to other areas in Bucks County and the national median. For comparison, the 18966 zip code has the highest median property tax rate of 1.71%, while the same zip code also has the lowest median tax rate of 1.71%. Understanding how these areas compare with Churchville provides valuable insights into the varying tax landscape across Bucks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Churchville Tax Rate
1.71%
Average Bucks County Tax Rate
1.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Churchville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18966 | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Churchville, Pennsylvania
In Churchville, 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 Bucks 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 Churchville, 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 Churchville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 18966, with a tax bill of $5,809.
Property Tax Assessment Values Across Churchville, Pennsylvania
Source: Ownwell
$172,340
$489,787
$807,234
Average Churchville Assessed Value
$336,170
Average Bucks County Assessed Value
$300,000
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Churchville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18966 | $255,319 | $289,362 | $336,170 | $517,553 | $745,320 |
Source: Ownwell
Property Tax Bills Across Churchville, Pennsylvania
In Churchville, Bucks County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as the home's size, age, location, and recent sales of comparable properties are considered in the assessment process. For homeowners in Churchville, the property tax bills can vary significantly. At the 25th percentile, the tax bill is approximately $4,974, while at the 75th percentile, it rises to about $8,831. For those at the 90th percentile, the tax bill reaches around $12,718. These figures indicate a wide range of property tax burdens depending on the home's assessed value. Compared to the national median property tax rate of 0.99%, Churchville's tax rates can result in higher annual bills, reflecting the area's property values. Homeowners need to budget accordingly and may benefit from appealing their assessed values to ensure a fair tax bill.
Average Churchville Tax Bill
$5,809
Average Bucks County Tax Bill
$5,548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Churchville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18966 | $4,502 | $4,974 | $5,809 | $8,831 | $12,718 |
Source: Ownwell