Paxtang, Pennsylvania Property Taxes
The median property tax rate in Paxtang, PA is 3.69%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Paxtang at $61,300, the typical annual property tax bill reaches $2,263, slightly below the national median of $2,690. Property taxes in Paxtang 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 Paxtang'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 Paxtang or another part of Dauphin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Paxtang, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.69%
Estimate Property Tax Bill
$2,262
Ownwell’s Paxtang Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Paxtang with ease. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in Paxtang to provide an accurate estimate of your property tax bill. This valuable tool offers insights into potential tax liabilities, helping you make informed financial decisions. For those interested in exploring trends at a neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Dauphin County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Paxtang, Pennsylvania
Property taxes in Paxtang, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Paxtang is 3.69%, significantly higher than the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Paxtang set these rates annually, and they can vary significantly across different neighborhoods. Each year, Paxtang 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 Paxtang's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 17111 zip code has both the highest and lowest median property tax rate of 3.69%. Understanding how these cities compare with Paxtang provides valuable insights into the varying tax landscape across Dauphin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Paxtang Tax Rate
3.69%
Average Dauphin County Tax Rate
2.88%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Paxtang, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17111 | 3.69% | 3.69% | 3.69% | 3.69% | 3.69% |
Source: Ownwell
Property Tax Assessment Values Across Paxtang, Pennsylvania
In Paxtang, 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 Dauphin 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 Paxtang, 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. The highest median tax bill in Paxtang is $2,263 in the 17111 zip code, while the lowest median tax bill is also $2,263 in the same zip code. 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 Paxtang helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Paxtang Assessed Value
$61,300
Average Dauphin County Assessed Value
$99,700
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Paxtang, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17111 | $60,380 | $60,650 | $61,300 | $67,925 | $78,950 |
Source: Ownwell
Property Tax Bills Across Paxtang, Pennsylvania
In Paxtang, located in Dauphin County, PA, property tax bills are determined by several key factors. First, the local tax authorities assess the value of a property, which is then used as the basis for calculating the tax bill. This assessed value is multiplied by the local property tax rate to arrive at the annual tax obligation. In Paxtang, the median home price is $61,300, which plays a significant role in determining the assessed value. Homeowners in Paxtang can expect their tax bills to vary. For example, the 25th percentile tax bill is $2,239, while the 75th percentile tax bill is $2,508. At the higher end, the 90th percentile tax bill reaches $2,915. The highest and lowest median tax bills in the area are both $2,263, found in the 17111 zip code. When compared to the national median property tax rate of 0.99%, Paxtang's property taxes can be seen as relatively high, significantly impacting homeowners' annual expenses.
Average Paxtang Tax Bill
$2,263
Average Dauphin County Tax Bill
$3,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Paxtang, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17111 | $2,229 | $2,239 | $2,263 | $2,508 | $2,915 |
Source: Ownwell