Birchrunville, Pennsylvania Property Taxes
The median property tax rate in Birchrunville, PA is 4.06%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $211,465 in Birchrunville, the typical annual property tax bill reaches $8,579, far exceeding the national median of $2,690. Property taxes in Birchrunville are calculated based on the assessed value, which often falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding Birchrunville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Birchrunville or another part of Chester County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Birchrunville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.06%
Estimate Property Tax Bill
$8,585
Ownwell’s Birchrunville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Birchrunville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Birchrunville 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 Birchrunville, Pennsylvania
Property taxes in Birchrunville, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Birchrunville is 4.06%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Birchrunville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Birchrunville 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 Birchrunville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19421 zip code has both the highest and lowest median property tax rate of 4.06%. Understanding how these cities compare with Birchrunville provides valuable insights into the varying tax landscape across Chester County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Birchrunville Tax Rate
4.06%
Average Chester County Tax Rate
3.50%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Birchrunville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19421 | 3.79% | 4.03% | 4.06% | 4.06% | 4.06% |
Source: Ownwell
Property Tax Assessment Values Across Birchrunville, Pennsylvania
In Birchrunville, 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 Chester County 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 Birchrunville, 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 Birchrunville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 19421 has both the highest and lowest median tax bill, which stands at $8,579. The 25th percentile tax bill is $6,617, while the 75th percentile tax bill is $10,221, and the 90th percentile tax bill is $14,178.
Property Tax Assessment Values Across Birchrunville, Pennsylvania
Source: Ownwell
$17,490
$208,860
$400,230
Average Birchrunville Assessed Value
$211,465
Average Chester County Assessed Value
$166,835
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Birchrunville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19421 | $140,366 | $163,632 | $211,465 | $271,822 | $406,338 |
Source: Ownwell
Property Tax Bills Across Birchrunville, Pennsylvania
Property tax bills in Birchrunville, located in Chester County, PA, are calculated based on the assessed value of a property multiplied by the local tax rate. The assessed value is determined by the county assessor's office, which evaluates the property's market value and applies an assessment ratio. This assessed value is then subject to the local tax rate to calculate the annual property tax bill. For homeowners in Birchrunville, the median home price is $211,465. Property tax bills can vary significantly; the 25th percentile tax bill is $6,617, while the 75th percentile reaches $10,221, and the 90th percentile climbs to $14,178. These figures indicate that property taxes in Birchrunville are higher than the national median property tax rate of 0.99%, reflecting the area's higher property values and tax rates. Homeowners must budget accordingly, as these taxes contribute to local services such as schools, infrastructure, and public safety, directly affecting the community's quality of life.
Average Birchrunville Tax Bill
$8,579
Average Chester County Tax Bill
$6,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Birchrunville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19421 | $5,695 | $6,617 | $8,579 | $10,221 | $14,178 |
Source: Ownwell