West Grove, Pennsylvania Property Taxes
The median property tax rate in West Grove, PA is 3.92%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in West Grove, the typical annual property tax bill reaches $5,819, far exceeding the national median of $2,690. Property taxes in West Grove 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 West Grove'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 West Grove 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
West Grove, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.92%
Estimate Property Tax Bill
$5,746
Ownwell’s West Grove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Grove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Grove 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 West Grove, Pennsylvania
Property taxes in West Grove, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Grove is 1.51%, higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within West Grove set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Grove 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 West Grove's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19390 zip code has the highest median property tax rate of 1.51%, while the same zip code also has the lowest median tax rate of 1.51%. Understanding how these cities compare with West Grove 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 West Grove Tax Rate
3.92%
Average Chester County Tax Rate
3.50%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Grove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19390 | 3.49% | 3.87% | 3.92% | 3.99% | 4.42% |
Source: Ownwell
Property Tax Assessment Values Across West Grove, Pennsylvania
In West Grove, 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 West Grove, 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 West Grove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price is $146,590, with the highest median tax bill at $5,819 in zip code 19390.
Property Tax Assessment Values Across West Grove, Pennsylvania
Source: Ownwell
$17,490
$208,860
$400,230
Average West Grove Assessed Value
$146,590
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 West Grove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19390 | $75,544 | $108,350 | $146,590 | $184,910 | $216,490 |
Source: Ownwell
Property Tax Bills Across West Grove, Pennsylvania
In West Grove, Chester 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 tax rate to determine the annual tax bill. For example, with a median home price of $146,590, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Factors influencing the tax bill include the property's market value, any applicable exemptions, and the local tax rate. In West Grove, the tax bill for the 25th percentile is around $4,432, while the 75th percentile sees bills as high as $7,246. At the 90th percentile, homeowners might face a tax bill of approximately $8,373. Compared to the national median property tax rate of 0.99%, homeowners in West Grove may experience higher tax bills, impacting their annual budget. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average West Grove Tax Bill
$5,819
Average Chester County Tax Bill
$6,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across West Grove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19390 | $2,786 | $4,432 | $5,819 | $7,246 | $8,373 |
Source: Ownwell