Brookhaven, Pennsylvania Property Taxes
The median property tax rate in Brookhaven, PA is 2.47%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Brookhaven, the typical annual property tax bill reaches $3,883, exceeding the national median of $2,690. Property taxes in Brookhaven 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 Brookhaven'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 Brookhaven 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
Brookhaven, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.47%
Estimate Property Tax Bill
$3,503
Ownwell’s Brookhaven Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brookhaven with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brookhaven 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 Brookhaven, Pennsylvania
Property taxes in Brookhaven, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brookhaven is 2.47%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Brookhaven set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brookhaven 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 Brookhaven's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 19015 zip code has the highest median property tax rate of 2.47%, while the same zip code also has the lowest median tax rate of 2.47%. Understanding how these figures compare with Brookhaven provides valuable insights into the varying tax landscape across Delaware County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brookhaven Tax Rate
2.47%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brookhaven, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19015 | 1.95% | 2.39% | 2.47% | 2.47% | 3.01% |
Source: Ownwell
Property Tax Assessment Values Across Brookhaven, Pennsylvania
In Brookhaven, 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 Delaware 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 Brookhaven, 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 example, the median home price in Brookhaven is $141,830, with tax bills ranging from $1,935 at the 25th percentile to $5,730 at the 90th percentile. The highest and lowest median tax bills are both $3,883 in the 19015 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Property Tax Assessment Values Across Brookhaven, Pennsylvania
Source: Ownwell
$21,600
$706,300
$1,391,000
Average Brookhaven Assessed Value
$141,830
Average Delaware County Assessed Value
$197,870
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brookhaven, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19015 | $72,310 | $83,480 | $141,830 | $192,510 | $233,170 |
Source: Ownwell
Property Tax Bills Across Brookhaven, Pennsylvania
In Brookhaven, Delaware 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 assessor, who evaluates the property's market value and then applies an assessment ratio. This assessed value is then multiplied by the tax rate set by local taxing authorities to determine the annual tax bill. Several factors influence the tax bill, including the home's location within Delaware County and any applicable exemptions or abatements. For instance, the median home price in Brookhaven is $141,830. Homeowners in the 25th percentile can expect an annual tax bill around $1,935, while those in the 75th percentile might see a bill closer to $4,790. The highest median tax bill in the area is $3,883, which is significantly higher than the national median property tax rate of 0.99%. These property taxes directly impact homeowners by contributing to local services such as schools, public safety, and infrastructure, making it essential for homeowners to understand how their tax bills are calculated and what factors are at play.
Average Brookhaven Tax Bill
$3,883
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Brookhaven, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19015 | $1,718 | $1,935 | $3,883 | $4,790 | $5,730 |
Source: Ownwell