Mechanicsburg, Pennsylvania Property Taxes
The median property tax rate in Mechanicsburg, PA is 1.46%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Mechanicsburg being $219,600, the typical annual property tax bill reaches $3,604, exceeding the national median of $2,690. Property taxes in Mechanicsburg 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 Mechanicsburg'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 Mechanicsburg 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
Mechanicsburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$3,206
Ownwell’s Mechanicsburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mechanicsburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mechanicsburg 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 Cumberland County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Mechanicsburg, Pennsylvania
Property taxes in Mechanicsburg, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mechanicsburg is 1.46%, higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mechanicsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mechanicsburg 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 Mechanicsburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17055 zip code has the highest median property tax rate of 2.02%, while the 17050 zip code has the lowest median tax rate of 1.34%. Understanding how these cities compare with Mechanicsburg provides valuable insights into the varying tax landscape across Cumberland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mechanicsburg Tax Rate
1.46%
Average Cumberland County Tax Rate
1.84%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mechanicsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17050 | 1.34% | 1.34% | 1.34% | 1.46% | 1.46% |
| 17055 | 1.39% | 1.80% | 2.02% | 2.02% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Mechanicsburg, Pennsylvania
In Mechanicsburg, 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 Cumberland 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 Mechanicsburg, 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 Mechanicsburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Mechanicsburg is $3,690 in the 17055 zip code, while the lowest is $3,512 in the 17050 zip code.
Property Tax Assessment Values Across Mechanicsburg, Pennsylvania
Source: Ownwell
$114,900
$366,200
$617,500
Average Mechanicsburg Assessed Value
$219,600
Average Cumberland County Assessed Value
$182,700
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mechanicsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17050 | $143,700 | $182,500 | $249,950 | $341,300 | $442,750 |
| 17055 | $118,500 | $155,300 | $194,500 | $258,500 | $365,400 |
Source: Ownwell
Property Tax Bills Across Mechanicsburg, Pennsylvania
In Mechanicsburg, Cumberland County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $219,600, homeowners can expect varying tax bills. The tax bill at the 25th percentile is around $2,666, while at the 75th percentile, it rises to approximately $4,905. At the 90th percentile, it can reach up to $6,553. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. In Mechanicsburg, the highest median tax bill recorded is $3,690 in the 17055 zip code, whereas the lowest is $3,512 in the 17050 zip code. Compared to the national median property tax rate of 0.99%, Mechanicsburg's property taxes are relatively higher, impacting homeowners with a significant annual expense that must be budgeted for accordingly.
Average Mechanicsburg Tax Bill
$3,604
Average Cumberland County Tax Bill
$3,176
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mechanicsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17050 | $1,967 | $2,539 | $3,512 | $4,843 | $6,243 |
| 17055 | $2,092 | $2,825 | $3,690 | $4,984 | $6,897 |
Source: Ownwell