Penbrook, Pennsylvania Property Taxes
The median property tax rate in Penbrook, PA is 3.64%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Penbrook at $70,250, the typical annual property tax bill reaches $2,556, which is just below the national median of $2,690. Property taxes in Penbrook 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 Penbrook'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 Penbrook 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
Penbrook, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.64%
Estimate Property Tax Bill
$2,557
Ownwell’s Penbrook Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Penbrook with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Penbrook 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 Penbrook, Pennsylvania
Property taxes in Penbrook, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Penbrook is 3.64%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Penbrook set these rates annually, and they can vary significantly across different neighborhoods. Each year, Penbrook 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 Penbrook's effective property tax rate to other areas in Dauphin County and the national median. For comparison, the 17103 zip code has the highest median property tax rate of 3.64%, while the 17109 zip code has the lowest median tax rate of 3.64%. Understanding how these areas compare with Penbrook 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 Penbrook Tax Rate
3.64%
Average Dauphin County Tax Rate
2.88%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Penbrook, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17103 | 3.64% | 3.64% | 3.64% | 3.64% | 3.64% |
| 17109 | 3.64% | 3.64% | 3.64% | 3.64% | 3.64% |
Source: Ownwell
Property Tax Assessment Values Across Penbrook, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Penbrook, PA. 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 for tax purposes by the Dauphin County Assessment Office. 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 Penbrook, 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 highest median tax bill in the area is $2,700 in the 17103 zip code, while the lowest median tax bill is $2,413 in the 17109 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 Penbrook helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Penbrook Assessed Value
$70,250
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 Penbrook, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17103 | $74,200 | $74,200 | $74,200 | $74,200 | $74,200 |
| 17109 | $64,380 | $65,100 | $66,300 | $88,000 | $101,020 |
Source: Ownwell
Property Tax Bills Across Penbrook, Pennsylvania
In Penbrook, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessment considers various factors such as the property's size, location, and condition. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Penbrook, the tax burden can vary significantly. The median home price in the area is $70,250, and property tax bills range widely. For instance, the 25th percentile tax bill is $2,391, while the 75th percentile tax bill reaches $3,023. At the 90th percentile, homeowners can expect to pay around $3,604. Comparatively, the highest median tax bill in the region is $2,700 in the 17103 zip code, while the lowest is $2,413 in the 17109 zip code. These variations highlight the impact of differing assessed values and tax rates within the county. Homeowners must budget accordingly, as property taxes significantly influence the overall cost of homeownership.
Average Penbrook Tax Bill
$2,556
Average Dauphin County Tax Bill
$3,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Penbrook, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17103 | $2,700 | $2,700 | $2,700 | $2,700 | $2,700 |
| 17109 | $2,343 | $2,369 | $2,413 | $3,202 | $3,676 |
Source: Ownwell