Lyndell, Pennsylvania Property Taxes
The median property tax rate in Lyndell, PA is 3.33%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Lyndell at $143,770, the typical annual property tax bill reaches $4,781, far exceeding the national median of $2,690. Property taxes in Lyndell 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 Lyndell'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 Lyndell 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
Lyndell, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.33%
Estimate Property Tax Bill
$4,788
Ownwell’s Lyndell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lyndell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lyndell 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 Lyndell, Pennsylvania
Property taxes in Lyndell, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lyndell is 3.33%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Lyndell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lyndell 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 Lyndell's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 19354 has both the highest and lowest median property tax rate of 3.33%. Understanding how these cities compare with Lyndell 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 Lyndell Tax Rate
3.33%
Average Chester County Tax Rate
3.50%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lyndell, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19354 | 3.33% | 3.33% | 3.33% | 3.37% | 3.40% |
Source: Ownwell
Property Tax Assessment Values Across Lyndell, Pennsylvania
In Lyndell, 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 Chester 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 Lyndell, 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. For instance, the median home price in Lyndell is $143,770, with tax bills ranging from $3,680 at the 25th percentile to $8,452 at the 90th percentile. 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 Lyndell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Lyndell Assessed Value
$143,770
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 Lyndell, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19354 | $89,202 | $109,665 | $143,770 | $212,605 | $253,906 |
Source: Ownwell
Property Tax Bills Across Lyndell, Pennsylvania
In Lyndell, located in Chester County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is often a percentage of the property's market value. Homeowners in Lyndell typically see property tax bills that vary significantly, with the 25th percentile tax bill around $3,680 and the 75th percentile reaching up to $7,075. For those in the 90th percentile, the tax bill can be as high as $8,452. These figures are influenced by several factors, including the home's assessed value, the local tax rate, and any applicable exemptions. The median home price in Lyndell is $143,770, which is relatively modest compared to national figures, but the property tax rate in Chester County can lead to substantial tax bills. Homeowners need to be aware of these factors as they directly impact annual property tax obligations, potentially affecting their financial planning and homeownership costs.
Average Lyndell Tax Bill
$4,781
Average Chester County Tax Bill
$6,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Lyndell, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19354 | $3,020 | $3,680 | $4,781 | $7,075 | $8,452 |
Source: Ownwell