Strafford, Pennsylvania Property Taxes
The median property tax rate in Strafford, PA is 3.31%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Strafford at $199,150, the typical annual property tax bill reaches $6,581, exceeding the national median of $2,690. Property taxes in Strafford 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 Strafford'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 Strafford 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
Strafford, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.31%
Estimate Property Tax Bill
$6,592
Ownwell’s Strafford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Strafford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Strafford 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 Strafford, Pennsylvania
Property taxes in Strafford, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Strafford is 1.45%, higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Strafford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Strafford 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 Strafford's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19087 zip code has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Strafford 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 Strafford Tax Rate
3.31%
Average Chester County Tax Rate
3.50%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Strafford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19087 | 3.20% | 3.26% | 3.31% | 3.31% | 3.31% |
Source: Ownwell
Property Tax Assessment Values Across Strafford, Pennsylvania
In Strafford, 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 Strafford, 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 Strafford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Strafford is $6,581 in the 19087 zip code, while the lowest median tax bill also stands at $6,581 in the same zip code.
Average Strafford Assessed Value
$199,150
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 Strafford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19087 | $142,810 | $160,920 | $199,150 | $240,742 | $294,750 |
Source: Ownwell
Property Tax Bills Across Strafford, Pennsylvania
In Strafford, located in Chester County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's assessment office and is a percentage of the property's market value. For homeowners in Strafford, the median home price is $199,150. The local tax rate is applied to this assessed value to calculate the annual property tax bill. Factors that influence the tax bill include the home's assessed value, the local tax rate, and any applicable exemptions or deductions. For instance, properties in the 25th percentile have tax bills around $5,252, while those in the 75th percentile face bills of approximately $7,633. The highest tax bills, in the 90th percentile, can reach up to $9,379. These property taxes fund essential community services such as schools, public safety, and infrastructure maintenance. Homeowners in Strafford may find their property tax bills higher than the national median property tax rate of 0.99%, reflecting the region's investment in quality public services and amenities.
Average Strafford Tax Bill
$6,581
Average Chester County Tax Bill
$6,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Strafford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19087 | $4,693 | $5,252 | $6,581 | $7,633 | $9,379 |
Source: Ownwell